ANSYS Acquires Evolutionary Engineering

ANSYS has acquired Evolutionary Engineering AG (EVEN), a provider of composite analysis and optimization technology relying on cloud computing. EVEN will become ANSYS Switzerland, a wholly owned subsidiary of ANSYS. The terms of the transaction were not disclosed.

Headquartered in Zurich, EVEN has 12 employees and has been a partner of ANSYS, offering EVEN's composite technologies through a product called ANSYS Composite PrepPost. This product is tightly integrated with ANSYS Mechanical in ANSYS Workbench and with ANSYS Mechanical APDL. EVEN also provides engineering services in composites applications and in other areas in its fields of expertise.

"We are very pleased that our long-standing partner relationship with the EVEN team has resulted in EVEN becoming part of the ANSYS family," said Jim Cashman, president and CEO of ANSYS. "Composites simulation is a fast growing market with application across multiple industries, broadening our industry knowledge and competencies in this area. The tight coupling of the EVEN products within our platform is highly beneficial, so we look forward to working with the EVEN employees and customers."

For more information, visit ANSYS and EVEN.

Sources: Press materials received from the company and additional information gleaned from the company's website.