Dassault Systèmes to acquire electromagnetic and electronics simulation company
Dassault Systèmes will integrate CST’s solutions into its existing portfolio to address the growing $600 million EM simulation market
Dassault Systèmes has announced that it intends to acquire CST – Computer Simulation Technology AG for approximately 220 million euros.
The German-based company CST provides electromagnetic (EM) and electronics simulation.
Dassault Systèmes will expand its solution experiences for realistic multiphysics simulation on the 3DEXPERIENCE platform with full spectrum EM simulation.
The CST STUDIO SUITE software is used by designers and engineers at companies in the high-tech, transportation and mobility, aerospace and defense, and energy industries to evaluate all types of EM effects during every stage of electronic system design processes.
Customers include Airbus Defence and Space, Bosch Group, Frauscher Sensor Technology and Sirona. CST’s 2015 revenue was about 47 million euros.
“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.
“We know firsthand the formidable design hurdles our customers face today,” said Dr. Bernhard Wagner, one of the Managing Directors of CST. “Increasingly, multiphysics have to be addressed during the design process in order to develop the most robust products and systems. The 3DEXPERIENCE platform is the ideal foundation upon which we can pursue our vision of combining our technologies to set the industry standard for realistic simulation and best meet our customers’ needs.”
Dassault Systèmes will integrate CST’s solutions into its existing portfolio of industry solution experiences for simulating structural mechanics, multi-body systems, heat transfer and fluids, to address the growing $600 million EM simulation market.
This will offer a new industry standard in multiphysics and multiscale simulation of autonomous cars, connected homes, medical equipment, wearable electronics and other smart objects.
The acquisition is expected to close in Q4 2016.