For only the fourth time since its inception, earlier this week ANSYS announced a leadership succession plan with a new CEO. James E. Cashman, who has served as ANSYS’ CEO since 2000, will step down as CEO and become Chairman of the Board of Directors effective January 1, 2017. Dr. Ajei S. Gopal, a technology industry veteran who has served as a member of the ANSYS Board since 2011, has been appointed President and CEO effective immediately and will continue to serve on the Board. Dr. Gopal will become CEO on January 1, 2017. Ronald W. Hovsepian, who currently serves as Chairman of the ANSYS Board, will assume the role of Lead Independent Director as part of this transition.
Posts Tagged ‘ANSYS’
This week Siemens announced that it was hitching a new car to its acquisition train: CD-adapco. With a purchase price $970 million, CD-adapco is a global engineering simulation company with software that covers a wide range of engineering disciplines including fluid dynamics, solid mechanics, heat transfer, particle dynamics, reactant flow, electrochemistry, and acoustics. It is probably best known for its combustion engine simulation capabilities.
Established in 1980 and still controlled by its founders, the company has about 900 employees and approximately $200 million in annual revenue and an annual growth rate of 15 percent for the past five years, according to its website. Its main competitor in engine simulation software is Ansys.
ANSYS, a major provider of engineering simulation (CAE) software, announced that it has acquired substantially all the assets of Delcross Technologies, a developer of computational electromagnetic simulation and radio frequency system analysis software.
The acquisition is intended to let ANSYS users to understand how antennas interact within their operating environments and how this behavior affects the system’s overall ability to transmit and receive data without interference. As usual, and not surprisingly, terms of the deal, which closed earlier this week, were not disclosed.
So, what does this really signify? Simulating not just large-scale antenna systems, such as those found in giant aerospace projects (which will surely go on after the acquisition), but on a much, much smaller scale for Internet of Things (IoT) projects.
Although it’s almost a year old, below is a video presentation (click on the image) from Delcross Technologies for modeling installed performance of antennas on electrically large platforms, such as aircraft and automobiles.
Delcross Technologies Simulating Antenna Performance
Well, another CAD company is snapped up, and the technical software consolidation train continues to roll on. That in itself is not too surprising. What is, though, is that a CAE company has acquired a CAD company.
ANSYS announced earlier today that it has acquired SpaceClaim Corp. for a purchase price of $85 million in cash, plus retention and an adjustment for working capital. The transaction closed on April 30, 2014.
ANSYS SpaceClaim Overview
From the beginning, SpaceClaim said it offered a 3D modeling tool that could be used by more than just CAD experts during the product development process (and this is a key point to the acquisition). According to SpaceClaim, this is made possible because of a process, called “direct modeling,” that differs dramatically from traditional CAD software, which is used by a relatively small percentage of engineers – typically late in the development process, to document the detailed design. While direct modeling itself is not unique, SpaceClaims implementation of it is. (more…)