Dassault Systèmes has announced acquisition of SIMPOE. SIMPOE's acquisition expands Dassault Systèmes' 3DEXPERIENCE platform and its SIMULIA, CATIA, and SolidWorks applications to create the most powerful portfolio of materials-intensive manufacturing simulation solutions on the market.
"Plastics form a crucial part of today's products. They are increasingly complex, both in shape and production, as well as the speed with which they are brought to market. Simplifying the design and manufacturing of plastics is, therefore, a critical part of many industries’ product creation. SIMPOE's simulation technology will contribute to the 3DEXPERIENCE platform by helping our clients validate designs and injection molding approaches quickly," said Bernard Charlès, President & CEO, Dassault Systèmes.
SIMPOE will continue to offer its comprehensive solution, covering the whole plastics injection molding process. These scalable packages cover a wide range of functionalities, from simple to advanced, and will complement existing SIMULIA, CATIA and SolidWorks solutions in the plastic part domain.
The amount of the transaction has not been disclosed by any of the firms. However, the transaction was completed on April 18, 2013.
