Dassault Systèmes acquires Safe Technology Limited

4th September 2013 | By Mouseworld Now Correspondent |

New Delhi, India, September 4, 2013: Dassault Systèmes, the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced the acquisition of Safe Technology Ltd., the technology player in fatigue simulation for predicting product durability.

The acquisition of Safe Technology, based in Sheffield, UK, expands Dassault Systèmes’ 3DEXPERIENCE platform and its realistic simulation applications (SIMULIA), providing the most complete and accurate durability prediction solution on the market. Safe Technology, developer of the fe-safe durability simulation application suite, has more than 500 customers, including General Motors, Caterpillar Inc., Cummins Inc., Emerson Climate Technologies, Honda Jets, Harley Davidson Motor Company and Hyundai Motors. The amount of the transaction was not disclosed.

President and CEO at Dassault Systèmes Bernard Charlès, said, “Consumers want a product that is built right. They want a product that lasts. Durability deeply affects the emotional attachment between brands and their users. The 3DEXPERIENCE platform is all about building brand loyalty for a company’s business and the products it offers. This is why Safe Technology is such a good fit for Dassault Systèmes. Advanced fatigue and durability software solutions are an essential part of the product design process. Safe Technology will enhance Dassault Systèmes’ SIMULIA structural simulation to predict and analyze product life quickly and accurately.”

Dassault Systèmes entered into a definitive acquisition agreement with Safe Technology whereby Dassault Systèmes acquired the company in an all-cash transaction. This transaction was completed on August 7, 2013.

 

© Mouseworld Now News Service

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