Dassault Systèmes to Acquire Trace Software’s elecworks Product Line
Elecworks is at the core of SolidWorks Electrical applications used for smart product development in high-tech, industrial equipment and energy industries.
February 22, 2019
Dassault Systèmes has signed a definitive agreement to acquire the elecworks electrical and automation design software product line from Trace Software, a developer of software solutions and services dedicated to industrial engineering. Through the deal, a team of 21 skilled professionals will join Dassault Systèmes. The acquisition of the elecworks assets will streamline and boost Dassault Systèmes’ development of an integrated mechatronics solution on the 3DEXPERIENCE platform to help its SolidWorks customers address electrical design challenges in the development of smart products.
Through an asset transfer deal, Dassault Systèmes will acquire 100% of the Trace Software elecworks electrical design and automation product line and intellectual property. An elecworks team of 21 software developers, technical support engineers and quality assurance engineers dedicated to electrical schematics will join Dassault Systèmes. Elecworks software provides schematic design, electrical control panel design and small wiring-cabling-harnessing design capabilities that form the basis of Dassault Systèmes’ SolidWorks Electrical applications, which enable mechanical and electrical teams to improve collaboration and deliver more accurate designs. Included in the asset purchase is a library of over half a million electrical symbols and manufacturer data for commonly used electrical components during design.
“As the demand for smart products grows, Dassault Systèmes is ready to serve the needs of SOLIDWORKS users by integrating methods that will streamline mechatronics design and help them leverage the benefits of the 3DEXPERIENCE platform,” says Gian Paolo Bassi, CEO, SolidWorks, Dassault Systèmes. “The elecworks development team brings skills that have already contributed to the success of SolidWorks Electrical applications.”
With elecworks assets, Dassault Systèmes plans streamline the development of SolidWorks Electrical applications and new electrical offerings on the 3DEXPERIENCE platform by combining best practices, electrical design technology and SOLIDWORKS mechanical applications under common research and development management.
Trace Software International has been a SolidWorks applications partner since 1997. In 2012, Dassault Systèmes created a strategic partnership with them to integrate and sell elecworks technology under the name of SolidWorks Electrical applications.
The asset transfer transaction is expected to close in March 2019.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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