Dassault buys Abaqus to boost simulation

News

Dassault buys Abaqus to boost simulation

Antony Savvas

Dassault Systemes is to acquire US software maker Abaqus for $413m (£223m) to boost its simulation technology offering.

Abaqus has simulation software sales of $100m a year and operating margins of around 25%. 

Dassault has also announced the release of Simulia, an open platform designed to support simulation applications. 

Ovum analyst Francois Dauriat said simulation was a highly fragmented market, with a number of internally developed solutions, but that the market was poised to adopt the platform-based approach of Dassault.


Email Alerts

Register now to receive ComputerWeekly.com IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.
 

COMMENTS powered by Disqus  //  Commenting policy