Like SimSolid

closed 10/17/2018 via GlobeNewswire

Altair Engineering Inc., acquired SimSolid

synopsis: Altair has acquired SIMSOLID, a company that provides structural analysis software developed specifically for design engineers. SIMSOLID’s unique approach works directly on large CAD assemblies and complex part geometry and does not use a mesh.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair transforms design and decision making by applying simulation, machine learning and optimization throughout product life cycles. Their broad portfolio of simulation technology and patented units-based software licensing model enable Simulation-Driven Innovation for their customers. "
target: SimSolid
SIMSOLID is structural analysis software developed specifically for design engineers. SIMSOLID’s unique approach works directly on large CAD assemblies and complex part geometry and does not use a mesh.
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closed 5/4/2022 via PR Newswire

ANSYS, Inc., acquired Motor Design Limited

synopsis: Ansys, the global leader in engineering simulation, has acquired Motor Design Limited (MDL), a world leader in developing advanced software tools for electric machine design. MDL's Motor-CAD is a class-leading motor design software solution that supports electric machine designers at aerospace, automotive and industrial companies.
buyer: ANSYS, Inc. (ANSS:$1,906.72)
Ansys is the global leader in engineering simulation. By offering the best and broadest portfolio of engineering simulation software, Ansys helps companies solve the most complex design challenges and create products limited only by imagination. "
target: Motor Design Limited
Motor Design Limited (MDL) is a world leader in developing advanced software tools for electric machine design. MDL's Motor-CAD is a class-leading motor design software solution that supports electric machine designers at aerospace, automotive and industrial companies.
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closed 11/20/2018 via BusinessWire

PTC Inc., acquired Frustum Inc.

synopsis: PTC announced that it has acquired Frustum, a company that offers patented desktop and cloud-based engineering software that enables designers and engineers to go beyond the limits of their personal experience by leveraging powerful AI capabilities that guide the discovery of high-performance, next-generation product designs.
buyer: PTC Inc. (PTC:$1,835.83)
PTC is a global provider of technology platforms and solutions that transform how companies create, operate, and service the "things"​ in the Internet of Things (IoT). "
target: Frustum Inc.
Frustum offers patented desktop and cloud-based engineering software that enables designers and engineers to go beyond the limits of their personal experience by leveraging powerful AI capabilities that guide the discovery of high-performance, next-generation product designs.
price ($mm)
$70
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closed 8/28/2017 via BNC Analysis

Altium Ltd., acquired Upverter

synopsis: Electronic design software company Altium Limited announced that it has acquired Upverter, Inc., the developer of the world's first fully-cloud, fully- collaborative electronics design system. Based in Toronto, Canada Upverter's entire team of engineers, including its CEO and Co-Founder Zak Homuth, will join Altium.
buyer: Altium Ltd. (ASX:ALU:$110.90)
Altium Limited is a multinational software corporation headquartered in San Diego, California, that focuses on electronics design systems for 3D PCB design and embedded system development. "
target: Upverter
Upverter is building browser-based electronic design tools focused on collaboration and usability. Specifically Upverter is building web-based, collaborative schematic capture and PCB layout software aimed at hobbyists, students and the open source hardware community.
price ($mm)
$5.56
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closed 4/29/2020 via BNC Analysis

Kujiale, acquired Modelo

synopsis: Kujiale, a China-based SaaS-enabled home decoration and design platform, has acquired Modelo, a cloud-based design and development communication platform for the AEC industry. Modelo offers a Design Asset Management (DAM) platform that enables users to visualize designs in 3D, provide design feedback, store project files, and more.
buyer: Kujiale
Kujiale is a China-based SaaS-enabled home decoration and design platform. Trusted by millions of brands and designers worldwide, Kujiale allows users to create 3D models, swap textures, and apply them in cutting edge AR, VR, 360-degree spins, floorplanning, and high-quality rendering solutions. "
target: Modelo
Modelo is a cloud-based design and development communication platform for the architecture, engineering and construction industries. Modelo offers a Design Asset Management (DAM) platform that enables users to visualize designs in 3D, provide design feedback, store project files, and more.
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closed 4/15/2015 via BusinessWire

ESI Group, acquired Ciespace Corporation

synopsis: ESI Group has acquired Ciespace’s Technology Assets for Cloud Based CAE Modeling. The Ciespace platform is a result of many years of pioneering development. It is the first commercially available CAE Cloud solution with modeling capabilities built entirely on an open, web services platform.
buyer: ESI Group (ENXTPA:ESI:$140.44)
ESI is a world-leading provider of Virtual Prototyping software and services with a strong foundation in the physics of materials and Virtual Manufacturing. ESI helps industrial manufacturers replace physical prototypes by virtually replicating the fabrication, assembly and testing of products. "
target: Ciespace Corporation
The Ciespace platform is a result of many years of pioneering development. It is the first commercially available CAE Cloud solution with modeling capabilities built entirely on an open, web services platform.
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closed 10/24/2013 via Company Press Release

ESI Group, acquired CyDesign Labs, Inc.

synopsis: ESI Group announced the acquisition of CyDesign Labs, a company that owns a disruptive proprietary technology for advanced product design. Their platform helps engineers gather requirements, link them to system designs, explore the trade space of design alternatives, assess the viability of these alternatives, and provide objective guidance.
buyer: ESI Group (ENXTPA:ESI:$140.44)
ESI Group is a pioneer and world-leading provider in virtual prototyping that take into account the physics of materials. ESI’s solutions fit into a single collaborative and open environment for End-to-End Virtual Prototyping. "
target: CyDesign Labs, Inc.
CyDesign Labs' platform helps engineers gather requirements, link them to system designs, explore the trade space of design alternatives, assess the viability of these alternatives, and provide objective guidance resulting in a much better final product.
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closed 9/4/2012 via BusinessWire

CyDesign Labs, Inc., acquired deltatheta UK Limited

synopsis: CyDesign Labs, Inc., the developer of the CyDesign platform for model-based design optimization, announced the acquisition of deltatheta UK Limited, a technology leader in Modelica-based modeling and simulation tools. The deltatheta acquisition complements CyDesign’s unique cloud-based solution set.
buyer: CyDesign Labs, Inc.
CyDesign Labs' platform helps engineers gather requirements, link them to system designs, explore the trade space of design alternatives, assess the viability of these alternatives, and provide objective guidance resulting in a much better final product. "
target: deltatheta UK Limited
Based in Coventry, the heart of the UK automotive industry, deltatheta UK Limited was founded in 2009 with the goal of bringing Modelica modelling technology into the engineering design and development process. Its software offerings are Converge and Vertex.
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closed 3/19/2015 via Company Press Release

Silvaco, Inc., acquired Invarian, Inc.

synopsis: Silvaco, Inc., a leading provider of TCAD, circuit simulation, and IC CAD software tools, announced that it has acquired Invarian, Inc., a recognized leader in block-level to full-chip sign-off analysis for complex, high-performance integrated circuits (ICs).
buyer: Silvaco, Inc.
Silvaco, headquartered in Santa Clara, California, is the leading supplier of Technology Computer Aided Design (TCAD) software, and a major supplier of Electronic Design Automation (EDA) software for circuit simulation and design of analog, mixed-signal and RF integrated circuits. "
target: Invarian, Inc.
Invarian delivers a suite of tools devised for accurate and effective analysis of designs from IP to block to chip level designs.
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closed 1/6/2014 via BusinessWire

Autodesk, Inc., acquired Circuits.io

synopsis: Autodesk, Inc., a leader in 3D design, engineering and entertainment software, has completed the acquisition of technology and the development team of Circuits.io, a web-based app and connected community for designing and simulating electronic circuits.
buyer: Autodesk, Inc. (ADSK:$4,386.40)
Autodesk, Inc., is a leader in 3D design, engineering and entertainment software. Customers across the manufacturing, architecture, building, construction, and media and entertainment industries use Autodesk software to design, visualize, and simulate their ideas. "
target: Circuits.io
Circuits.io is an in-your-browser circuit design tool, that makes it fun and easy to design, share and produce electronic circuits.
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announced 11/18/2020 via PR Newswire

Autodesk, Inc., will acquire Spacemaker

synopsis: Autodesk, Inc., a leader in 3D design, engineering and entertainment software, will acquire Spacemaker, a Norwegian cloud-based AI software solution for early-stage real-estate development. Spacemaker enables architects, urban designers, and real estate developers to create proposals that maximize living qualities and density of a building site.
buyer: Autodesk, Inc. (ADSK:$4,386.40)
Autodesk, Inc., is a leader in 3D design, engineering and entertainment software. Autodesk continues to develop the broadest portfolio of 3D software for global markets across the manufacturing, architecture, building, construction, and media and entertainment industries. "
target: Spacemaker
Spacemaker is a Norwegian cloud-based AI software solution for early-stage real-estate development. Spacemaker enables architects, urban designers, and real estate developers to make more informed design decisions and create proposals that maximize living qualities and density of a building site.
price ($mm)
$240
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closed 9/25/2014 via BusinessWire

Bentley Systems, Inc., acquired SITEOPS

synopsis: Bentley Systems, Inc. announced that it has acquired SITEOPS a breakthrough site design optimization “software at your service.” SITEOPS uses cloud-based computing techniques to empower site development professionals to move beyond engineering to optioneering, which enables the exploration of engineering alternatives and their costs.
buyer: Bentley Systems, Inc. (:$965.05)
Bentley is the global leader dedicated to providing architects, engineers, geospatial professionals, constructors, and owner-operators with comprehensive software solutions for sustaining infrastructure. "
target: SITEOPS
SITEOPS® is a patented optimization software for the land development industry. This software gives civil engineers, architects, landscape architects, and land developers the ability to review multiple conceptual design options for a site within hours instead of months.
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closed 10/3/2018 via BNC Analysis

Siemens AG, acquired Electrocon International, Inc.

synopsis: Siemens announced the acquisition of the specialized software company Electrocon International Inc. (EII). EII, based in Ann Arbor, Michigan, develops and markets CAPE (Computer-Aided Protection Engineering) software which focuses on the protection of electrical systems and enables detailed protection modeling for grid analysis and simulations.
buyer: Siemens AG (DB:SIE:$64,691.00)
Siemens AG is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. "
target: Electrocon International, Inc.
Electrocon International Inc. (EII) based in Ann Arbor, Michigan, develops and markets CAPE (Computer-Aided Protection Engineering) software which focuses on the protection of electrical systems and enables detailed protection modeling for grid analysis and simulations.
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closed 9/8/2021 via BNC Analysis

Elisa IndustrIQ, acquired TenForce

synopsis: Elisa IndustrIQ, a Finnish company focused on intelligent manufacturing, has acquired a majority stake in TenForce, a Belgium-based industrial software provider. TenForce's EHSQ software enables manufacturers to mitigate risk without sacrificing efficiency. Their solutions also help utility companies to plan, track and manage utility roadworks.
buyer parent: Elisa Oyj
buyer: Elisa IndustrIQ
Elisa IndustrIQ is a Finnish company focused on intelligent manufacturing. Elisa IndustrIQ provides AI-powered software solutions to help manufacturers transform and empower them with new insights. They provide solutions for demand management, inventory optimization, factory scheduling, and more. "
target: TenForce
TenForce is a Belgium-based industrial health and safety software provider. TenForce's EHS & Operational Risk Management software enables manufacturers to mitigate risk without sacrificing efficiency. They also provide solutions that help utility companies plan, track and manage utility roadworks.
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closed 5/6/2020 via Company Press Release

ComplianceQuest, acquired Lifeguard Solutions

synopsis: ComplianceQuest, makers of a modern 100% native Salesforce-based Enterprise Quality Management System (EQMS), announced they have successfully acquired LifeGuard Solutions, complementing its core product offering with a comprehensive Environment, Health & Safety Management Solution that is also built natively on the Salesforce platform.
buyer: ComplianceQuest
ComplianceQuest is the fastest growing, 100% modern cloud Enterprise Quality Management System (EQMS) natively built and run on the Salesforce platform. Delivering best-in-class out-of-the-box solutions, ComplianceQuest fast-tracks an organization’s efficiency, safety, and overall performance. "
target: Lifeguard Solutions
Lifeguard Solutions is a registered Salesforce.com AppExchange partner that focuses on providing Health and Safety solutions to the Construction, Timber, Mining, Manufacturing, Oil and Gas, Transportation, Industrial and Environmental Services Industries.
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closed 6/21/2016 via PR Newswire

Enviance, acquired Actio Corporation

synopsis: Enviance, a leader in cloud-based Environmental, Health and Safety (EH&S) management software, announced its acquisition of Actio Corporation. Actio is a global software as a service (SaaS) technology company that is empowering manufacturing professionals with a robust, scalable platform to unleash the power of global compliance data.
buyer parent: Battery Ventures
buyer: Enviance
Enviance is a leading provider of cloud-based environmental, health and safety (EH&S) software, leveraging cloud computing technology to deliver its platform online in real-time—anytime, anywhere and enterprise-wide. "
target: Actio Corporation
Actio is a global software as a service (SaaS) technology company that is empowering manufacturing professionals with a robust, scalable platform to unleash the power of global compliance data. Actio's platform includes solutions for compliance with SEC conflict mineral rules and EPA.
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announced 9/30/2020 via BNC Analysis

Comet Group, will acquire Object Research Systems, Inc.

synopsis: The Comet Group, a globally leading Swiss technology firm, will acquire Object Research Systems (ORS), a provider of 3D-visualization and analysis solutions for research and industrial applications in Canada. ORS' Dragonfly platform delivers volume rendering and advanced analysis functions. They also offer a powerful medical imaging solution.
buyer: Comet Group (SWX:COTN:$412.18)
The Comet Group is a globally leading Swiss technology firm. Comet develops and produces innovative high-tech components and systems based on x-ray and radio frequency (RF). The group manufactures RF matching networks, RF generators, x-ray modules, x-ray tubes, x-ray systems, and more. "
target: Object Research Systems, Inc.
Object Research Systems (ORS) is a provider of 3D-visualization and analysis solutions for research and industrial applications in Canada. ORS' Dragonfly platform delivers state-of-the-art volume rendering and advanced analysis functions. They also offer a powerful medical imaging solution.
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closed 7/8/2019 via PR Newswire

Bublar Group AB, acquired Sayduck

synopsis: Bublar Group, the Nordic region's largest gaming studio and enterprise solutions company within Augmented Reality Virtual Reality technology, acquired Sayduck, a Finnish leading visualisation platform for design brands and manufacturers to create and showcase products in 3D and Augmented Reality.
buyer: Bublar Group AB (NGM:BUBL:$13.93)
Bublar Group AB is the Nordic region's largest gaming studio and enterprise solutions company within Augmented Reality (AR) Virtual Reality (VR) technology. The game development is run by the subsidiary Virtual Brains AB and enterprise solutions by the subsidiary Vobling AB. "
target: Sayduck
Headquartered in Finland, Sayduck is the leading visualisation platform for design brands and manufacturers to create and showcase products in 3D and Augmented Reality. Sayduck helps leading brands to drive product engagement and inspire customer confidence with 3D and AR.
price ($mm)
$1.27
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closed 4/27/2022 via BNC Analysis

Sogelink SAS, acquired Focus Software

synopsis: Sogelink, a provider of software solutions for infrastructure, construction, has completed the acquisition of Focus Software. Established in 1996 and headquartered in Billingstad, near Oslo (Norway), Focus Software is a market leading Building Information Modelling (BIM) software company.
buyer parent: Keensight Capital
buyer: Sogelink SAS
France-based Sogelink designs, develops, and markets software and SaaS solutions intended to simplify and optimise complex business processes in the building site, infrastructure, and property management industry. It is also the number one provider of topographic software. "
target: Focus Software
Established in 1996 and headquartered in Billingstad, near Oslo (Norway), Focus Software is a market leading Building Information Modelling (BIM) software company. It provides its software solutions to a wide array of clients and over 16 000 users.
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closed 2/8/2016 via PR Newswire

Trimble, acquired Sefaira

synopsis: Trimble announced the acquisition of London/New York based Sefaira Ltd., a leading developer of cloud-based software for the design of sustainable and high-performance buildings. Using Sefaira, architects and other building designers now have the real-time analysis capabilities that enable them to practice Performance-Based Design.
buyer: Trimble (TRMB:$3,659.10)
Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location—including surveying, construction, agriculture, fleet and asset management, public safety and mapping. "
target: Sefaira
Sefaira is a leader in software for high-performance building design. Using Sefaira, architects and other building designers now have the real-time analysis capabilities that enable them to practice Performance-Based Design.
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closed 10/17/2018 via GlobeNewswire

Altair Engineering Inc., acquired SimSolid

synopsis: Altair has acquired SIMSOLID, a company that provides structural analysis software developed specifically for design engineers. SIMSOLID’s unique approach works directly on large CAD assemblies and complex part geometry and does not use a mesh.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair transforms design and decision making by applying simulation, machine learning and optimization throughout product life cycles. Their broad portfolio of simulation technology and patented units-based software licensing model enable Simulation-Driven Innovation for their customers. "
target: SimSolid
SIMSOLID is structural analysis software developed specifically for design engineers. SIMSOLID’s unique approach works directly on large CAD assemblies and complex part geometry and does not use a mesh.
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closed 3/3/2022 via PR Newswire

Altair Engineering Inc., acquired Powersim, Inc

synopsis: Altair, a global technology company, has acquired Powersim, a market-leading provider of simulation and design tools for power electronics. Powersim helps businesses to increase their productivity and reduce development costs. Their tools are used for developing power supplies, motor drives, power conversion, control systems, and microgrids.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is a global technology company that provides software and cloud solutions in the areas of simulation, high-performance computing (HPC) and AI. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future."
target: Powersim, Inc
Powersim is a market-leading provider of simulation and design tools for power electronics. Powersim helps businesses to increase their productivity and reduce development costs. Their tools are used for developing power supplies, motor drives, power conversion, control systems, and microgrids.
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closed 2/23/2022 via Company Press Release

Altair Engineering Inc., acquired Cassini

synopsis: Altair, a global technology company, has acquired Cassini, a unified PLM cloud platform based in India that simplifies and accelerates product development cycles. Cassini allows users to manage the entire product lifecycle from concept to end-of-life by synergizing product data with their processes and providing actionable intelligence.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is a global technology company that provides software and cloud solutions in the areas of simulation, high-performance computing (HPC) and AI. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future."
target: Cassini
Cassini is a unified PLM cloud platform based in India that simplifies and accelerates product development cycles. Cassini allows users to manage the entire product lifecycle from concept to end-of-life by synergizing product data with their processes and providing actionable intelligence.
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closed 12/15/2021 via Company Press Release

Altair Engineering Inc., acquired World Programming Ltd.

synopsis: Altair, the global leader converging simulation, HPC, and AI, acquired World Programming, a UK-based technology company specializing in data analytics software used by many of the world’s leading companies including financial services and insurance organizations.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is a global technology company that provides software and cloud solutions in the areas of simulation, high-performance computing (HPC) and AI. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future."
target: World Programming Ltd.
World Programming is a UK-based technology company specializing in data analytics software used by many of the world’s leading companies including financial services and insurance organizations.
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closed 8/11/2021 via PR Newswire

Altair Engineering Inc., acquired S-FRAME Software

synopsis: Altair, a global technology company, has acquired S-FRAME Software, a leading innovator in structural engineering software. S-FRAME Software's 3D structural engineering analysis and design software enables engineers to analyze, design, and detail structures regardless of geometric complexity, material type, or design code requirements.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is a global technology company that provides software and cloud solutions in the areas of simulation, high-performance computing (HPC) and AI. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future."
target: S-FRAME Software
S-FRAME Software is a leading innovator in structural engineering software. S-FRAME Software's 3D structural engineering analysis and design software enables engineers to analyze, design, and detail structures regardless of geometric complexity, material type, or design code requirements.
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closed 10/8/2020 via GlobeNewswire

Altair Engineering Inc., acquired M-Base Engineering + Software GmbH

synopsis: Altair, a global technology company, has acquired Germany-based M-Base Engineering + Software GmbH, a leading international supplier of material database and material information systems, with a focus on plastics. The acquisition of M-Base will allow Altair to offer the most comprehensive, high-fidelity plastics database available on the market.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is a global technology company that provides software and cloud solutions in the areas of data analytics, product development, and high-performance computing (HPC). Altair enables organizations to compete more effectively in a connected world while creating a more sustainable future. "
target: M-Base Engineering + Software GmbH
Germany-based M-Base Engineering + Software is an international supplier of material database and material information systems, with a focus on plastics. The company's systems cover the complete life cycle of material data, from testing and test evaluation to Computer-Aided Engineering Interfaces.
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closed 9/16/2020 via GlobeNewswire

Altair Engineering Inc., acquired Ellexus Ltd.

synopsis: Altair, a global technology company providing solutions in data analytics, product development, and high-performance computing (HPC), has acquired UK-based Ellexus, a leading input/output (I/O) analysis tool, which helps customers find and address issues quickly, improving speed accuracy and cloud readiness.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is a global technology company that provides software and cloud solutions in the areas of data analytics, product development, and high-performance computing (HPC). Altair enables organizations to compete more effectively in a connected world while creating a more sustainable future. "
target: Ellexus Ltd.
UK-based Ellexus is a leading input/output (I/O) analysis tool, which helps customers with finding and addressing issues quickly, improving speed accuracy, and cloud readiness. The Ellexus software products, Mistral and Breeze, are used for I/O diagnostics, optimization, and dependency detection.
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closed 9/9/2020 via GlobeNewswire

Altair Engineering Inc., acquired Univa Corporation

synopsis: Altair, a global technology company providing solutions in data analytics, product development, and high-performance computing (HPC), announced the acquisition of Univa, a leading innovator in enterprise-grade workload management, scheduling, and optimization solutions for HPC and artificial intelligence (AI) on-premises and in the cloud.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is a global technology company that provides software and cloud solutions in the areas of product development, high performance computing and data intelligence. It enables organizations to compete more effectively in a connected world while creating a more sustainable future. "
target: Univa Corporation
Univa is a leading innovator in enterprise-grade workload management, scheduling, and optimization solutions for HPC and artificial intelligence (AI) on-premises and in the cloud.
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closed 7/27/2020 via BNC Analysis

Altair Engineering Inc., acquired S&WISE Co., Ltd.

synopsis: Altair, a global technology company providing solutions in product development, high-performance computing (HPC), and data analytics, announced the acquisition of S&WISE Co., Ltd., a Seoul-based leading provider of polyurethane foaming simulation. S&WISE accurately simulates the injection, foaming, and gelling processes.   
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is a global technology company that provides software and cloud solutions in the areas of product development, high performance computing and data intelligence. It enables organizations to compete more effectively in a connected world while creating a more sustainable future. "
target: S&WISE Co., Ltd.
S&WISE Co., Ltd. is a Seoul-based leading provider of polyurethane foaming simulation. S&WISE accurately simulates the injection, foaming, and gelling processes, accounting for the important effects of chemical reactions during the process.
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closed 5/7/2020 via Company Press Release

Altair Engineering Inc., purchased Wrap Software Business from WRAP International AB

synopsis: Altair has announced the acquisition of the WRAP software business from Swedish company WRAP International AB. WRAP software covers a wide range of applications with focus on controlling radio spectrum assets for maximum utilization, including radio planning, interference, and coverage calculations.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is a global technology company that provides software and cloud solutions in the areas of product development, high performance computing and data intelligence. It enables organizations to compete more effectively in a connected world while creating a more sustainable future. "
seller: WRAP International AB
WRAP software covers a wide range of applications with focus on controlling radio spectrum assets for maximum utilization, including radio planning, interference, and coverage calculations. WRAP is a world-leading software technology for spectrum management and radio network planning.
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closed 1/8/2020 via Company Press Release

Altair Engineering Inc., acquired newFASANT

synopsis: Altair, a global technology company providing solutions in product development, high-performance computing and data analytics, has acquired newFASANT, a Spanish provider of electromagnetic simulation software. newFASANT’s solutions address a wide range of electromagnetic problems in areas such as antenna design and radar cross section analysis.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is a global technology company that provides software and cloud solutions in the areas of product development, high performance computing and data intelligence. It enables organizations to compete more effectively in a connected world while creating a more sustainable future. "
target: newFASANT
newFASANT is a Spanish provider of electromagnetic simulation software. newFASANT’s solutions address a wide range of electromagnetic problems in areas such as antenna design and placement, radar cross section (RCS) analysis, automotive V2V/ADAS, and infrared/thermal signatures.
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closed 11/7/2019 via Company Press Release

Altair Engineering Inc., acquired EDEM

synopsis: Altair, a global technology company providing solutions in product development, high-performance computing and data analytics, announced the acquisition of DEM Solutions, makers of EDEM, the market-leader in Discrete Element Method (DEM) software for bulk material simulation.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is a global technology company that provides software and cloud solutions in the areas of product development, high performance computing and data intelligence. It enables organizations to compete more effectively in a connected world while creating a more sustainable future. "
target: EDEM
EDEM is the market-leader in Discrete Element Method (DEM) software for bulk material simulation. Powered by state-of-the-art Discrete Element Modeling (DEM) technology, EDEM accurately simulates and analyzes the behavior of bulk materials such as coal, mined ores, soil, tablet, and powders.
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closed 10/10/2019 via GlobeNewswire

Altair Engineering Inc., acquired Polliwog Co. Ltd.

synopsis: Altair, a global technology company providing solutions in product development, high-performance computing and data analytics, announced the acquisition of Polliwog Co. Ltd., a high-tech software company based near Seoul, providing EDA software to the rapidly growing electronics industry.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is a global technology company that provides software and cloud solutions in the areas of product development, high performance computing and data intelligence. It enables organizations to compete more effectively in a connected world while creating a more sustainable future. "
target: Polliwog Co. Ltd.
Established in 2000, Polliwog has provided the global electronics industry with unique sets of Electronic Design Automation software allowing the users to efficiently verify and evaluate their product designs. They are based in South Korea.
price ($mm)
$27*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/3/2019 via Company Press Release

Altair Engineering Inc., acquired SEAM

synopsis: Altair, a global technology company providing solutions in product development, high-performance computing and data intelligence, announced the acquisition of Cambridge Collaborative’s SEAM. SEAM software provides a method of analysis that is well-suited for studying the dynamic response of complex structures at mid and high frequencies.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is a global technology company that provides software and cloud solutions in the areas of product development, high performance computing and data intelligence. It enables organizations to compete more effectively in a connected world while creating a more sustainable future. "
target parent: Cambridge Collaborative, Inc
target: SEAM
Cambridge Collaborative's SEAM® software provides a method of analysis that is particularly well-suited for studying the dynamic response of complex structures at mid and high frequencies. SEAM is used to predict interior noise and vibration, radiated noise and vibroacoustic environments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/5/2018 via GlobeNewswire

Altair Engineering Inc., acquired Datawatch Corporation

synopsis: Altair, a product design and development, engineering software and cloud computing software company, has acquired Datawatch, the data intelligence provider with market leading enterprise data preparation, predictive analytics and visualization solutions that fuel business analytics.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair transforms design and decision making by applying simulation, machine learning and optimization throughout product life cycles. Their broad portfolio of simulation technology and patented units-based software licensing model enable Simulation-Driven Innovation for their customers. "
target: Datawatch Corporation (DWCH:$40.30)
Datawatch Corporation is the data intelligence provider with market leading enterprise data preparation, predictive analytics and visualization solutions that fuel business analytics.
price ($mm)[EV]
$179 [$174]
rev ($mm)
$40
EBITDA ($mm)
EV / rev
4.3x
EV / EBITDA
closed 10/17/2018 via GlobeNewswire

Altair Engineering Inc., acquired SimSolid

synopsis: Altair has acquired SIMSOLID, a company that provides structural analysis software developed specifically for design engineers. SIMSOLID’s unique approach works directly on large CAD assemblies and complex part geometry and does not use a mesh.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair transforms design and decision making by applying simulation, machine learning and optimization throughout product life cycles. Their broad portfolio of simulation technology and patented units-based software licensing model enable Simulation-Driven Innovation for their customers. "
target: SimSolid
SIMSOLID is structural analysis software developed specifically for design engineers. SIMSOLID’s unique approach works directly on large CAD assemblies and complex part geometry and does not use a mesh.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/10/2018 via GlobeNewswire

Altair Engineering Inc., acquired FluiDyna

synopsis: Altair has acquired Germany-based FluiDyna GmbH, a renowned developer of NVIDIA CUDA and GPU-based Computational Fluid Dynamics (CFD) and numerical simulation technologies. Their core expertise lies particularly in the development and application of numerical and experimental methods of flow simulation and thermodynamics.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair transforms design and decision making by applying simulation, machine learning and optimization throughout product life cycles. Their broad portfolio of simulation technology and patented units-based software licensing model enable Simulation-Driven Innovation for their customers. "
target: FluiDyna
FluiDyna GmbH develops integrated hard- and software solutions. Its core expertise lies particularly in the development and application of numerical and experimental methods of flow simulation and thermodynamics.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/4/2018 via BNC Analysis

Altair Engineering Inc., will acquire CANDI Controls

synopsis: Altair has acquired all of the intellectual property assets of California-based CANDI Controls, Inc. Founded in 2009 with significant start-up capital, CANDI developed a modern platform which supports multiple data protocols for edge gateway computers to communicate with a constellation of IoT devices.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair transforms design and decision making by applying simulation, machine learning and optimization throughout product life cycles. Their broad portfolio of simulation technology and patented units-based software licensing model enable Simulation-Driven Innovation for their customers. "
target: CANDI Controls
CANDI Controls located in Oakland, CA connects devices and data in mainstream commercial buildings to cloud-based services for energy and facilities management. CANDI enables IoT administrative services, data gathering, mobile apps, API integration, web portals and gateways.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/28/2017 via GlobeNewswire

Altair Engineering Inc., acquired Runtime Design Automation

synopsis: Altair has acquired Runtime Design Automation, a technology company specializing in scalable solutions for high performance computing. Runtime primarily serves customers leveraging electronic design automation tools to design semiconductor devices such as CPUs, GPUs, chipsets, and System on Chip integrated circuits.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. Today, Altair serves more than 5,000 corporate clients across broad industry segments. "
target: Runtime Design Automation
Runtime Design Automation is a technology company specializing in scalable solutions for high performance computing. Runtime primarily serves customers leveraging electronic design automation tools to design semiconductor devices such as CPUs, GPUs, chipsets, and System on Chip integrated circuits.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/14/2017 via GlobeNewswire

Altair Engineering Inc., acquired Componeering Inc.

synopsis: Altair, a developer of simulation technology, has acquired Componeering Inc., a Helsinki, Finland-based technology company specializing in structural analysis and design of composite structures. Componeering is the developer of ESAComp composites simulation software.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. "
target: Componeering Inc.
Componeering Inc., is a Helsinki, Finland-based technology company specializing in structural analysis and design of composite structures. They are the developer of ESAComp composites simulation software.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/20/2017 via GlobeNewswire

Altair Engineering Inc., acquired Carriots

synopsis: Altair has acquired Carriots S.L, an Internet of Things (IoT) technology company based in Spain. The company is the developer of Carriots®, a complete IoT application enablement platform (AEP) to rapidly connect and manage devices, collect and analyze data, and build intelligent applications together with enterprise business systems.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. "
target: Carriots
Carriots is an Internet of Things (IoT) technology company. The company is the developer of Carriots®, a complete IoT application enablement platform (AEP) to rapidly connect and manage devices, collect and analyze data, and build intelligent applications together with enterprise business systems.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/17/2018 via GlobeNewswire

Altair Engineering Inc., acquired SimSolid

synopsis: Altair has acquired SIMSOLID, a company that provides structural analysis software developed specifically for design engineers. SIMSOLID’s unique approach works directly on large CAD assemblies and complex part geometry and does not use a mesh.
buyer: Altair Engineering Inc. (ALTR:$532.18)
Altair transforms design and decision making by applying simulation, machine learning and optimization throughout product life cycles. Their broad portfolio of simulation technology and patented units-based software licensing model enable Simulation-Driven Innovation for their customers. "
target: SimSolid
SIMSOLID is structural analysis software developed specifically for design engineers. SIMSOLID’s unique approach works directly on large CAD assemblies and complex part geometry and does not use a mesh.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/23/2014 via BusinessWire

Stratasys Ltd., acquired GrabCAD

synopsis: Stratasys Ltd., a leading global provider of 3D printing and additive manufacturing solutions, announced the completion of its acquisition of privately-held GrabCAD, Inc., a leading 3D CAD collaboration platform.
buyer: Stratasys Ltd. (SSYS:$688.10)
Stratasys Ltd., headquartered in Minneapolis, Minnesota, and Rehovot, Israel, is a leading global provider of 3D printing and additive manufacturing solutions. The company's patented 3D Printing technologies produce prototypes and manufactured goods directly from 3D CAD files or other 3D content. "
target: GrabCAD
GrabCAD is leading the Open Engineering movement, helping engineers get products to market faster by connecting people, content and technology. GrabCAD Workbench makes it easy for engineers to share files, work with partners and complete projects on time.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/22/2012 via BusinessWire

Itasca Consulting Group, Inc., acquired Simulation Works, Inc.

synopsis: Itasca Consulting Group, Inc. has purchased Simulation Works, Inc. Simulation Works designs and develops the KUBRIX1® software used by design engineers and researchers in the automotive, aerospace, manufacturing, biomedical, petroleum and electronics industries to automate the more human-intensive and costly aspects of computer-aided engineering.
buyer: Itasca Consulting Group, Inc.
Itasca International Inc. is an employee-owned engineering firm that solves hydrogeological, geomechanics, and microseismological problems in many fields including the mining, civil, petroleum, waste isolation, and environmental industries. "
target: Simulation Works, Inc.
Simulation Works designs software that automate the most human intensive and costly aspects of Mechanical Computer-Aided Engineering. Its products, KUBRIX® and the Rhino3D KUBRIX® Plug-in, serve the MCAE software and services market, and are used by engineers and researchers worldwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/7/2011 via BusinessWire

Hawk Ridge Systems, L.L.C., acquired Next Level Engineering Services, LLC

synopsis: Hawk Ridge Systems, a leading worldwide reseller of SolidWorks® 3D design solutions, has acquired Canadian SolidWorks Reseller, Next Level Engineering Services. With the addition of Next Level Engineering Services, Hawk Ridge Systems has become the principal SolidWorks Reseller in the Canadian provinces of British Columbia and Alberta.
buyer: Hawk Ridge Systems, L.L.C.
Hawk Ridge Systems is a leading worldwide SolidWorks reseller and innovator in 3D CAD Design Solutions. Founded in 1996, Hawk Ridge Systems has the largest worldwide team of SolidWorks engineering professionals with 45 Certified SolidWorks Engineers. "
target: Next Level Engineering Services, LLC
Next Level Engineering Services is a Canadian SolidWorks Reseller.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/19/2009 via BusinessWire

Firehole Technologies, Inc., purchased CompositePro Software from Peak Composites, Inc.

synopsis: Firehole Technologies, Inc., a leader in advanced composite analysis and simulation, announced the acquisition of CompositePro from Peak Composites, Inc. The acquisition of CompositePro will allow Firehole to enhance and extend the composite design and analysis capabilities already available in the Helius portfolio.
buyer: Firehole Technologies, Inc.
Firehole Technologies supplies innovative computer-aided simulation software and services for composite materials to the aerospace, defense, automotive and energy industries. "
seller: Peak Composites, Inc.
Peak Composites (PCI) has been serving the composites industry since 1996 offering unique engineering solutions for composite material and structural applications. PCI customers number in the hundreds and include Boeing, NASA, Goodrich, Easton Sports, GE, and Halliburton.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/15/2008 via PR Newswire

Autodesk, Inc., acquired Robobat

synopsis: Autodesk, Inc. has completed the acquisition of Robobat for approximately $42.5 million in USD cash subject to a working capital adjustment.
buyer: Autodesk, Inc. (ADSK:$4,386.40)
Autodesk, Inc., is a world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art digital prototyping solutions. "
target: Robobat
Robobat writes and distributes market leading analysis, design and drafting software solutions for structural engineers that help clients to integrate the various facets of the structural engineering process, thereby improving accuracy, efficiency and profitability.
price ($mm)
$43
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/2/2006 via PR Newswire

Trimble Navigation Limited, acquired BitWyse Solutions, Inc.

synopsis: Trimble announced today it has acquired the assets of privately-held BitWyse Solutions, Inc. of Salem, Massachusetts in an all-cash transaction. BitWyse is a leading data management company specializing in 2D and 3D software applications for engineering and construction plant design. Financial terms were not disclosed.
buyer: Trimble Navigation Limited (TRMB:$3,659.10)
Trimble is a leading innovator of Global Positioning System technology. In addition to providing advanced GPS components, Trimble augments GPS with other positioning technologies as well as wireless communications and software to create complete customer solutions. "
target: BitWyse Solutions, Inc.
BitWyse is a world leader in providing software that creates, manages, and integrates existing conditions and dimensional control data between data collection systems and engineering, design and viewing environments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/10/2006 via BusinessWire

Cranes Software International Limited, acquired Engineering Mechanics Research Corporation

synopsis: Cranes Software International Ltd., a global scientific and engineering software solutions provider, has announced the completion of its acquisition of Engineering Mechanics Research Corporation's (EMRC) U.S. operations. Cranes has agreed to pay a total consideration of US$ 1.5 million for EMRC, including its operations in India.
buyer: Cranes Software International Limited
Cranes Software is a global scientific & engineering products and solutions provider. The Company's business interests straddle products, services, RD in future technologies, training and high-end consultancy for engineers and scientist worldwide. "
target: Engineering Mechanics Research Corporation
For more than 29 years, EMRC has been one of the world leaders in engineering software and consulting. EMRC is a pioneer in the fields of finite element analysis and computer-aided-engineering.
price ($mm)
$1.50
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/6/2016 via Reuters

Glaser -isb cad- Programmsysteme GmbH, acquired Glaser -isb cad- Programmsysteme GmbH

synopsis: Nemetschek ag, a globally leading software provider for the AEC industry, has sold its 70% stake in Glaser -isb cad- programmsysteme gmbh, a company that develops programs and graphic solutions for structural engineering, to its CEO.
buyer: Glaser -isb cad- Programmsysteme GmbH
Glaser -isb cad- Programmsysteme GmbH designs and develops programs and graphic solutions for structural engineering. The company is based in Wennigsen, Germany. "
target parent: Nemetschek
target: Glaser -isb cad- Programmsysteme GmbH
Glaser -isb cad- Programmsysteme GmbH designs and develops programs and graphic solutions for structural engineering. The company is based in Wennigsen, Germany.
price ($mm)
$2.16*
rev ($mm)
$3
EBITDA ($mm)
EV / rev
1.2x
EV / EBITDA
closed 11/21/2013 via Company Press Release

Trimble Navigation Limited, acquired CSC World

synopsis: Trimble announced that it has acquired privately-held CSC (UK) Ltd. headquartered in Leeds, United Kingdom from ISIS Equity Partners LLP and senior management. CSC's products include software solutions for the analysis and design of steel and concrete buildings.
buyer: Trimble Navigation Limited (TRMB:$3,659.10)
Trimble Navigation Limited applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location: including surveying, construction, agriculture, fleet and asset management, and more. "
target parent: ISIS Equity Partners LLP
target: CSC World
CSC has been an innovative structural software and technical support provider to structural engineers for more than 35 years. Thousands of engineers across the globe choose CSC software for their structural design calculations, general analysis, and steel and concrete building design.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/27/2011 via BusinessWire

Dassault Systemes SA, acquired Elsys

synopsis: Dassault Systèmes announced the acquisition of Elsys, an innovative provider of interactive electrical engineering and disruptive multi-discipline generative schematics solutions. Elsys generative technology enables the automatic creation of millions of 2D schematics from functional-logical master data.
buyer: Dassault Systemes SA (ENXTPA:DSY:$5,318.32)
As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Systèmes brings value to more than 130,000 customers in 80 countries. Dassault Systèmes applications provide a 3D vision of the entire lifecycle of products from conception to maintenance to recycling. "
target: Elsys
Elsys provides innovative software and services to industries which develop products combining mechanical and electrical technologies and require specialized electrical diagram, bundle and harness design, and wiring applications.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/28/2017 via BNC Analysis

Altium Ltd., acquired Upverter

synopsis: Electronic design software company Altium Limited announced that it has acquired Upverter, Inc., the developer of the world's first fully-cloud, fully- collaborative electronics design system. Based in Toronto, Canada Upverter's entire team of engineers, including its CEO and Co-Founder Zak Homuth, will join Altium.
buyer: Altium Ltd. (ASX:ALU:$110.90)
Altium Limited is a multinational software corporation headquartered in San Diego, California, that focuses on electronics design systems for 3D PCB design and embedded system development. "
target: Upverter
Upverter is building browser-based electronic design tools focused on collaboration and usability. Specifically Upverter is building web-based, collaborative schematic capture and PCB layout software aimed at hobbyists, students and the open source hardware community.
price ($mm)
$5.56
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/4/2022 via PR Newswire

ANSYS, Inc., acquired Motor Design Limited

synopsis: Ansys, the global leader in engineering simulation, has acquired Motor Design Limited (MDL), a world leader in developing advanced software tools for electric machine design. MDL's Motor-CAD is a class-leading motor design software solution that supports electric machine designers at aerospace, automotive and industrial companies.
buyer: ANSYS, Inc. (ANSS:$1,906.72)
Ansys is the global leader in engineering simulation. By offering the best and broadest portfolio of engineering simulation software, Ansys helps companies solve the most complex design challenges and create products limited only by imagination. "
target: Motor Design Limited
Motor Design Limited (MDL) is a world leader in developing advanced software tools for electric machine design. MDL's Motor-CAD is a class-leading motor design software solution that supports electric machine designers at aerospace, automotive and industrial companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/13/2019 via Company Press Release

SolidWorks Corp., will acquire Elecworks

synopsis: The French company Trace Software International announced the signing of a definitive agreement for the sale of elecworks™, the software for designing electrical and automation projects, to Dassault Systèmes Solidworks, the world leader in 3D solutions.
buyer parent: Dassault Systemes
buyer: SolidWorks Corp.
Dassault Systèmes SolidWorks Corp. offers complete 3D software tools that let users create, simulate, publish, and manage their data. SolidWorks products are easy to learn and use, and work together to help users design products better, faster, and more cost-effectively. "
target parent: Trace Software
target: Elecworks
Elecworks, the French new electromechanical integrated design solution, not only helps electrical engineers produce schematic designs efficiently, but also provides them with a better design structure and true 3D models of the actual arrangements.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/5/2018 via Company Press Release

Siemens PLM Software, acquired COMSA GmbH

synopsis: Siemens announced it has acquired COMSA Computer und Software GmbH, a Munich-based company which develops software for electrical systems design and wire harness engineering. Its LDorado suite is the leader in automotive harness design and engineering software in Germany.
buyer parent: Siemens AG
buyer: Siemens PLM Software
Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of product lifecycle management (PLM) and manufacturing operations management (MOM) software, systems and services with over 15 million licensed seats and more than 140,000 customers. "
target: COMSA GmbH
COMSA Computer und Software GmbH is a Munich-based company which develops software for electrical systems design and wire harness engineering.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/8/2017 via BNC Analysis

Schneider Electric SE, will acquire IGE+XAO Group

synopsis: Schneider Electric, the global specialist in energy management and automation, will acquire the IGE+XAO Group through its subsidiary Schneider Electric Industries SAS. The IGE+XAO Group designs, produces, sells, and supports a range of Computer Aided Design, Product Lifecycle Management and Simulation software dedicated to Electrical Engineering.
buyer: Schneider Electric SE (ENXTPA:SU:$28,905.00)
Schneider Electric is the global specialist in energy management and automation. From the simplest of switches to complex operational systems, their technology, software and services improve the way their customers manage and automate their operations. "
target: IGE+XAO Group (ENXTPA:IGE:$35.72)
For over 31 years, the IGE+XAO Group has been a software publisher designing, producing, selling and supporting a range of Computer Aided Design (CAD), Product Lifecycle Management (PLM) and Simulation software dedicated to Electrical Engineering.
price ($mm)
$219
rev ($mm)
$35
EBITDA ($mm)
$9
EV / rev
6.2x
EV / EBITDA
23.3x
closed 5/23/2016 via PR Newswire

Synopsys, Inc., acquired Gold Standard Simulations Ltd.

synopsis: Synopsys, Inc., a global leader in electronic design automation (EDA) and semiconductor IP, announced it has completed the acquisition of Gold Standard Simulations Ltd. (GSS), a leading provider of TCAD and EDA simulation solutions for design technology co-optimization (DTCO) of advanced process nodes.
buyer: Synopsys, Inc. (SNPS:$4,504.13)
Synopsys, Inc. is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications. Synopsys is a global leader in electronic design automation and semiconductor IP and is also growing its leadership in software quality and security solutions. "
target: Gold Standard Simulations Ltd.
Gold Standard Simulations is a provider of TCAD and EDA simulation solutions for design technology co-optimization of advanced process nodes. GSS is the leader in physical simulation of statistical variability, statistical compact model extraction and generation and statistical circuit simulation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/8/2007 via BusinessWire

FISHER/UNITECH, acquired Solid Insight

synopsis: FISHER/UNITECH, a leading engineering technologies firm serving the Midwest, has completed its acquisition of Solid Insight. The acquisition is expected to further extend FISHER/UNITECH’s leadership as a SolidWorks® 3D mechanical design software reseller and PLM consulting organization.
buyer: FISHER/UNITECH
FISHER/UNITECH provides Product Lifecycle Management solutions to discrete manufacturing companies. The company's focus is on process improvement for product development. Process improvement is obtained through the integration of advanced software solutions to replace legacy systems. "
target: Solid Insight
Solid Insight has developed an extensive customer set and an excellent track record of over 200 successful CAD/CAM implementations. It's flagship product is SolidWorks® 3D, mechanical design software.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/26/2009 via PR Newswire

Autodesk, Inc., purchased Water Analysis Software from BOSS International, Inc.

synopsis: Autodesk, Inc., a world leader in 2D and 3D design, engineering and entertainment software, has announced the acquisition of certain assets from BOSS International, Inc. to further expand its water resources analysis capabilities for the architecture, engineering and construction (AEC) industry.
buyer: Autodesk, Inc. (ADSK:$4,386.40)
Autodesk, Inc., is a world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art digital prototyping solutions. "
seller: BOSS International, Inc.
BOSS International provides the most powerful, comprehensive engineering software on the market today. Thier business is not only to provide cutting-edge software products, but to continually refine and improve those products as well.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/26/2022 via BNC Analysis

Hyperganic Group GmbH, acquired DirectFEM UG

synopsis: Munich-based Hyperganic has acquired DirectFEM, a German mesh-less simulation technology company, forming a ‘key part’ of the Hyperganic Core platform as the company looks to build a one-stop solution from engineering to manufacturing. DirectFEM’s technology aims to produce fast, cost-effective simulations of early designs and even flawed models.
buyer: Hyperganic Group GmbH
Headquartered in Munich, Hyperganic radically accelerates innovation through artificial intelligence-based engineering. The company builds software to design physical objects and machinery that are as complex, functional, and sustainable as Nature. "
target: DirectFEM UG
Based in Germany, DirectFEM provides all-in-one quasi-meshless numerical solutions for non-standard engineering applications. DirectFEM’s ReveaL technology gives users insights into the mechanics of objects that are commonly considered to be very difficult or even impossible to simulate.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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National Instruments Corporation
National Instruments Corporation
National Instruments ("NI") is transforming the way engineers and scientists design, prototype and deploy systems for measurement, automation and embedded applications. NI empowers customers with off-the-shelf software such as NI LabVIEW and modular cost-effective hardware.
year
2021
rev ($mm)
$1,312.47
EBITDA ($mm)
$162.42
EBIT ($mm)
$99.45
Net Income ($mm)
$15.50
Employees
7000
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Ticker: ALTR
 
 
 
 
 
 
 
 
Altair Engineering Inc.
Altair Engineering Inc.
Altair transforms design and decision making by applying simulation, machine learning and optimization throughout product life cycles. Their broad portfolio of simulation technology and patented units-based software licensing model enable Simulation-Driven Innovation for their customers.
year
2021
rev ($mm)
$532.18
EBITDA ($mm)
$43.04
EBIT ($mm)
$17.39
Net Income ($mm)
Employees
3050
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Ticker: ASX:ALU
 
 
 
 
 
 
 
 
Altium Ltd.
Altium Ltd.
Altium creates the tools designers need to help them make the most of modern technologies, successfully manage projects, and deliver connected, intelligent products.
year
2017
rev ($mm)
$110.90
EBITDA ($mm)
$35.80
EBIT ($mm)
$32.00
Net Income ($mm)
$28.10
Employees
403
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Ticker: DB:MUM
 
 
 
 
 
 
 
 
Mensch und Maschine Software SE
Mensch und Maschine Software SE
Mensch und Maschine Software (M+M) is a global supplier of Computer Aided Design and Manufacturing, Product Data Management and Building Information Modelling/Management software. M+M’s offers solutions for many industries, including mechanical and electrical engineering, architecture, and more.
year
2018
rev ($mm)
$204.14
EBITDA ($mm)
$24.26
EBIT ($mm)
$21.52
Net Income ($mm)
$12.28
Employees
818
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Ticker: SNPS
 
 
 
 
 
 
 
 
Synopsys, Inc.
Synopsys, Inc.
Synopsys, Inc. is the Silicon to Software partner for innovative companies developing the electronic products and software applications. Synopsys is a leader in electronic design automation and semiconductor IP, and in software quality and security testing with its Coverity solutions.
year
2022
rev ($mm)
$4,504.13
EBITDA ($mm)
$1,173.51
EBIT ($mm)
$958.78
Net Income ($mm)
Employees
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Ticker: CDNS
 
 
 
 
 
 
 
 
Cadence Design Systems
Cadence Design Systems
Cadence Design Systems, Inc. develops electronic design automation software and hardware for worldwide. Its products and services are used to design and develop integrated circuits (ICs), and electronics systems.
year
2021
rev ($mm)
$2,682.89
EBITDA ($mm)
$800.42
EBIT ($mm)
$654.77
Net Income ($mm)
$590.64
Employees
8800
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Ticker: JASDAQ:4734
 
 
 
 
 
 
 
 
Being Co., Ltd.
Being Co., Ltd.
Being Co. Ltd. is a publicly traded software development company in Japan. Being has developed several highly successful software programs since its establishment in 1984. Their products include civil construction estimating software, critical chain project management software, and more.
year
2019
rev ($mm)
$54.58
EBITDA ($mm)
$6.81
EBIT ($mm)
$6.36
Net Income ($mm)
$4.55
Employees
356
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Ticker: ANSS
 
 
 
 
 
 
 
 
ANSYS, Inc.
ANSYS, Inc.
ANSYS is the global leader of engineering simulation software. ANSYS brings clarity and insight to customers' complex design challenges through fast, accurate and reliable engineering simulation. Their technology enables organizations to predict that their products will thrive in the real world.
year
2022
rev ($mm)
$1,906.72
EBITDA ($mm)
$634.63
EBIT ($mm)
$527.76
Net Income ($mm)
Employees
0
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Ticker: TSE:6947
 
 
 
 
 
 
 
 
Zuken Inc.
Zuken's proprietary software and services have provided wide-reaching support for various manufacturing processes. These software and services are utilized by corporations across the globe engaged in the development of electronics, automobiles, industrial machinery and other cutting-edge products.
year
2018
rev ($mm)
$233.05
EBITDA ($mm)
$33.46
EBIT ($mm)
$25.82
Net Income ($mm)
$19.65
Employees
1267
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Ticker: ENXTPA:DSY
 
 
 
 
 
 
 
 
Dassault Systemes SA
Dassault Systemes SA
Dassault Systèmes, the 3DEXPERIENCE Company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported.
year
2021
rev ($mm)
$5,318.32
EBITDA ($mm)
$1,369.79
EBIT ($mm)
$1,150.02
Net Income ($mm)
$835.65
Employees
20000
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Ticker:
 
 
 
 
 
 
 
 
Bentley Systems, Inc.
Bentley Systems, Inc.
Bentley Systems is an infrastructure engineering software company. Its software solutions are used by professionals for the design, construction and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, and industrial facilities.
year
2021
rev ($mm)
$965.05
EBITDA ($mm)
$167.58
EBIT ($mm)
$122.08
Net Income ($mm)
$93.18
Employees
4626
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Ticker: XTRA:NEM
 
 
 
 
 
 
 
 
Nemetschek
Nemetschek
Nemetschek, Munich, is a globally leading software provider for the AEC industry. With its 12 brands, the Nemetschek Group now serves more than 1.8 million users in 142 countries from more than 50 locations worldwide.
year
2021
rev ($mm)
$737.04
EBITDA ($mm)
$191.68
EBIT ($mm)
$172.54
Net Income ($mm)
$142.07
Employees
3139
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Ticker: ENXTBR:AGFB
 
 
 
 
 
 
 
 
Agfa Group
Agfa is a Belgian-German multinational corporation that develops, manufactures, and distributes analogue and digital imaging products and systems, as well as IT solutions.
year
2017
rev ($mm)
$3,012.33
EBITDA ($mm)
$212.08
EBIT ($mm)
$155.36
Net Income ($mm)
$45.62
Employees
9840
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Ticker: PTC
 
 
 
 
 
 
 
 
PTC Inc.
PTC Inc.
PTC is a global provider of technology platforms and solutions that transform how companies create, operate, and service the “things” in the Internet of Things. The company’s ThingWorx® platform gives developers the tools they need to capture, analyze, and capitalize on the vast amounts of data.
year
2022
rev ($mm)
$1,835.83
EBITDA ($mm)
$546.93
EBIT ($mm)
$421.67
Net Income ($mm)
Employees
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Ticker: ECOM
 
 
 
 
 
 
 
 
ChannelAdvisor
ChannelAdvisor
ChannelAdvisor is a leading provider of cloud-based e-commerce solutions that enable retailers and manufacturers to integrate, manage and optimize their merchandise sales across hundreds of online channels including Amazon, Google, eBay, Facebook and more.
year
2020
rev ($mm)
$130.42
EBITDA ($mm)
$14.67
EBIT ($mm)
$9.50
Net Income ($mm)
$7.82
Employees
642
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