Ansys (NASDAQ: ANSS), a Pittsburgh, PA-based provider of engineering simulation software, acquired Engineering Simulation and Scientific Software Rocky DEM, a Florianópolis, Brazil-based provider of a discrete element method (DEM) tool.
The amount of the deal was not disclosed.
With this acquisition, Ansys adds Rocky’s tool, and a skilled team of developers, application support technicians and customer-facing staff in Brazil, Spain, and the United States. The transaction is not expected to have a material impact on Ansys’ consolidated financial statements in 2023. Rocky was a subsidiary of Engineering Simulation and Scientific Software (ESSS), a long-term Ansys Channel Partner, and developer of engineering software dedicated to modeling discrete mechanics problems.
Rocky is a DEM software package that simulates the dynamic flow behavior of discrete solids and particle-laden free-surface flows in multiple industries. The company’s simulations provide insight to help reduce waste, improve product quality, increase product uniformity, predict performance and durability of equipment during operation, meet resource management, and address sustainability concerns. The software, with specific strengths in GPU computing and applying particle methods to multiphysics simulations, is used in wide variety of cross-industry applications that involve discrete solids of any size and shape.
FinSMEs
04/01/2023