It seems that a lot of CAD companies have taken a greater interest in digital simulation the past several years. Case in point — the recent MSC Software acquisition by Hexagon. That high level of interest was again evidenced this week as Dassault Systèmes and Exa Corporation with its simulation software for product engineering, announced the signing of a definitive merger agreement for Dassault Systèmes to acquire Exa. Under the terms of the merger agreement, this represents a value for Exa of approximately $400 million. Exa’s fiscal year ended January 31, 2017 and its revenue was $72 million.
With the addition of Exa, Dassault Systèmes’ 3DEXPERIENCE platform will provide customers with a mature, diverse portfolio of combined Lattice Boltzmann fluid simulation technologies, as well as Exa’s fully industrialized solutions and approximately 350 experienced simulation professionals. Because of its solving method, Exa’s solutions can solve fluids problems faster and more accurately than traditional methods for aerodynamics, aeroacoustics, and thermal management.