Dassault Systèmes to acquire Computer Simulation Technology for US$240m

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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

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John joined UKi Media & Events in 2012 and has worked across a range of B2B titles within the company's automotive, marine and entertainment divisions. Currently editor of Automotive Testing Technology International, Crash Test Technology International and Electric & Hybrid Marine Technology International, John co-ordinates the day-the-day operations of each magazine, from commissioning and writing to editing and signing-off, as well managing web content. Aside from the magazines, John also serves as co-chairman of the annual Electric & Hybrid Marine Awards and can be found sniffing out stories throughout the halls of several of UKI's industry-leading expo events.

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