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."
Didn't see DELMIA mentioned. Surely you mean SIMULIA? I guess Dassault's branding campaign is still confusing everyone.
Either way, it will be interesting to see how they can possibly remain as open to providing connectors to 3rd party/competition CAD and other analysis tools. This has been the real value of Engineous in the past. But we all know Dassault's strange interpretation of "openness".
Posted by: | Jun 20, 2008 at 05:09 AM