Dassault Systèmes is to acquire Computer Simulation Technology (CST), a supplier of electromagnetic and electronics simulation, for approximately US$240m (€215m). The CST portfolio will complement Dassault Systèmes’ multiphysics simulation 3DExperience platform.
“Electromagnetism is an essential part of a multiphysics simulation strategy for the development of smart and connected products and IoT devices – from their complex design, to ensuring the performance, reliability and safety of their interactions with their surrounding environment,” said Bernard Charlès, vice chairman and CEO, Dassault Systèmes.
“The acquisition of CST is part of our larger, ongoing mission to provide 3DExperience universes to explore, accelerate and experience innovation that will achieve a greater harmony between product, nature and life.”
August 4, 2016