AVL acquires shares in simulation software company Fifty2 Technology

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AVL has acquired shares in simulation software company Fifty2 Technology. Originating from the University of Freiburg, Germany, Fifty2 developed the software tool PreonLab, which enables the simulation of advanced fluid dynamics applications.

Helmut List, CEO of AVL, said, “This important step will strengthen and expand AVL’s simulation skills even further.”

The two companies have already been working together successfully for several years. AVL’s entry as a shareholder now reinforces this partnership.

For AVL, the acquisition further expands the company’s development, simulation and testing capabilities for powertrains and energy production systems, including combustion engines, transmissions, electric motors, hybrid drives, batteries and fuel cells.

“With PreonLab we are opening up completely new possibilities for our customers to simulate liquids in a significantly shorter time, with less effort and impressive visualization capabilities,” added Roland Wanker, VP at AVL Advanced Simulation Technologies.

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