Dassault Systèmes has announced acquisition of Safe Technology for predicting product durability. The acquisition of Safe Technology will ensure to expand Dassault Systèmes’ 3DEXPERIENCE platform and its simulation applications (SIMULIA) for providing the most complete and accurate durability prediction solution on the market.
Consumers want a product that is built right. They want a product that lasts. Durability deeply affects the emotional attachment between brands and their users. The 3DEXPERIENCE platform is all about building brand loyalty for a company’s business and the products it offers. This is why Safe Technology is such a good fit for Dassault Systèmes. Advanced fatigue and durability software solutions are an essential part of the product design process. Safe Technology will enhance Dassault Systèmes’ SIMULIA structural simulation to predict and analyze product life quickly and accurately,” said Bernard Charlès, President & CEO, Dassault Systèmes.
John Draper, Founder & CEO, Safe Technology, said, “Safe Technology has been working closely with Dassault Systèmes and its SIMULIA applications for more than 15 years and in that time has developed a cutting-edge technology that we deliver to a global customer base. Dassault Systèmes is committed to keeping fe-safe software at the forefront of fatigue technology as well as to delivering an open solution that supports all the leading FEA solvers.
Dassault Systèmes entered into a definitive acquisition agreement with Safe Technology, whereby Dassault Systèmes acquired the company in an all-cash transaction.
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