ANSYS and Dynardo Sign Acquisition Agreement

ANSYS has entered into a definitive agreement to acquire Dynardo, a provider of simulation process integration and design optimization (PIDO) technology. The acquisition will give ANSYS customers access to a full suite of process integration and design tools.

The integration of Dynardo’s tools with ANSYS Minerva’s simulation data, processes and knowledge management solutions will further enable customers to integrate and manage critical simulation and optimization results, ANSYS reports.

Headquartered in Weimar, Germany, Dynardo has more than 60 employees, with locations in Austria and the United States. An existing ANSYS partner, Dynardo develops algorithms for optimization, uncertainty quantification, robustness, scenario variation, sensitivity analysis, simulation workflow building and data mining. Its product portfolio includes optiSLang, a software platform for process integration and multidisciplinary optimization. Dynardo products are deployed by worldwide customers such as Bosch, ZF, Shell, Lufthansa, Infineon and ArianeGroup across industries ranging from automotive, aerospace, energy and consumer electronics.

"Design space exploration and optimization is key for organizations looking to reduce development time and accelerate the evaluation of optimal product design alternatives for cost and performance," says Navin Budhiraja, vice president and general manager of cloud and platform at ANSYS. "This acquisition will accelerate ANSYS’ pervasive simulation vision, advance our industry-leading platform and will enable our customers to leverage an open ecosystem approach to connect simulation and optimization throughout their product lifecycle processes."

"We are thrilled to become part of the ANSYS family and look forward to enabling a broader set of customers to capitalize on the benefits of enterprise simulation management and to automate simulation and optimization activities across solution areas like autonomous systems, electrification, digital twins and simulation-driven data science," says Johannes Will, managing director and co-founder of Dynardo. "With digitization initiatives increasingly taking hold in virtually every major industry ANSYS serves, we see exciting opportunities and look forward to helping establish simulation-based design optimization workflows as the standardized process for customers worldwide."

The transaction is expected to close in the fourth quarter of 2019. It is not expected to have material impact on ANSYS’ consolidated financial statements in either 2019 or 2020. 

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