ABAQUS bought for $413 million

News

Dassault Systèmes has announced an agreement to acquire ABAQUS in an all-cash transaction valued at approximately $413 million.

(DS) announced yesterday an agreement to acquire

, a provider of non-linear finite element analysis software, in an all-cash transaction valued at approximately $413 million.

DS said in a statement that the ABAQUS purchase is a significant step to reshape the large but currently fragmented simulation software market, in which most companies still use niche applications rather than unified solutions.

According to industry analysts, the simulation software market is estimated at $2.35 billion today and is expected to grow to $4 billion in the next five years, with average growth of 12 percent per year. Many applications currently in use are internally developed programs, and current market figures do not take those applications into account.

DS added that ABAQUS is well recognised for its technology, which is capable of scaling from simple to the most demanding simulations, an example of which is a drop-test simulation that enables users to observe the behaviour of all of the internal components of a mobile phone.

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