ANSYS announced that it has acquired Computational Engineering International, Inc. (CEI), the developer of a suite of products that helps engineers and scientists analyze, visualize and communicate simulation data. Terms of the deal, which closed earlier this month, were not disclosed.
The merger of the physical and digital worlds is resulting in products that were once unimaginable, and companies are faced with an overwhelming number of design decisions compared to previous product generations. That is something only engineering simulation can feasibly provide in a timely and cost-effective fashion. Users need to quickly analyze the immense amount of data that simulation generates to make the right engineering and business decisions. By bringing together the world leader in engineering simulation with the top simulation visualization tool, ANSYS is offering the industry new insight as companies increasingly rely on simulation to develop tomorrow's products.
Headquartered in Apex, N.C., CEI has 28 employees and more than 750 customers around the world. Its flagship product, EnSight, is the premier solution for analyzing, visualizing and communicating simulation data.
"CEI has a long track record of success thanks to fantastic technology built by a world-class team," said Mark Hindsbo, ANSYS vice president and general manager. "By bringing CEI's leading visualization tools into the ANSYS portfolio, customers will be able to make better engineering and business decisions, leading to even more amazing products in the future."
"We've worked with ANSYS informally for years, but now are thrilled to become part of this great company," said Anders Grimsrud, CEI president. "Joining ANSYS will give our customers access to the best engineering simulation technology on the planet, and EnSight will help ANSYS users make faster, smarter decisions. It's a win-win."