Dassault Systèmes buys firm specializing in plastic injection molding simulation
Dassault Systèmes, a French company with roughly 1,000 employees at a campus in Waltham, said it has acquired Simpoe, a French firm focused on plastic injection molding simulation.
The amount of the transaction was not disclosed.
The specialty of Dassault Systèmes is computer-aided design and 3D design software, and big clients include Honda, BMW, and Boeing. Simpoe customers include Canon and Panasonic.
The acquisition of Simpoe expands Dassault Systèmes’ 3DEXPERIENCE platform and its SIMULIA, CATIA, and SolidWorks applications to create a powerful portfolio of materials-intensive manufacturing simulation solutions, Dassault Systèmes said.
In a statement, Bernard Charlès, president and chief executive of Dassault Systèmes, said: “Plastics form a crucial part of today’s products. They are increasingly complex, both in shape and production, as well as the speed with which they are brought to market. Simplifying the design and manufacturing of plastics is therefore a critical part of many industries’ product creation. Simpoe’s simulation technology will contribute to the 3DEXPERIENCE platform by helping our clients validate designs and injection molding approaches quickly.”Chris Reidy can be reached at firstname.lastname@example.org.