Engineous Software and its 95 employees are being bought by Dassault Systems for its
Delmia Simula division at $40 million, reports the Triangle Business Journal. Its software automatically determines optimal designs and trade-offs with direct links to most CAD software, Excel, Word, MATLAB, Ansys, Adams, and Patran. Annual revenues were $17 million in 2007.
I had to chuckle at Chris Coletta's description of Dassault: "French logistics software firm."