Sat, 26 Jan 2019 | BUSINESS SALE
ANSYS, a NASDAQ-listed business which provides engineering simulation technologies, has successfully completed the acquisition of Cambridge-headquartered company Granta Design.
Granta Design boasts a team of 180 members of staff specialising in the design and creation of materials information technology. ANSYS’s acquisition of the company will allow its own customer base to gain access to material intelligence as a result.
Presently Granta designs and develops GRANTA MI and CES Selector, which are systems for enterprise materials information management and research to evaluate the impact of various materials on product behaviour respectively.
Beyond these two, Granta also produces the CES EduPack, which is used by companies like Airbus, General Motors and NASA, as a teaching resource for subjects in engineering, science, design and processing.
Vice president and general manager of ANSYS, Shane Emswiler, said: “Granta Design has pioneered the field of materials information technology. With materials engineering becoming an increasingly important aspect of product development, our customers require high-quality and comprehensive materials information for accurate simulation results.
“Integrating Granta's solutions into the ANSYS portfolio will provide a seamless user experience – and enable our customers to innovate like never before.”
Similarly, Granta Design’s co-founder and managing director, David Cebon, commented on the acquisition stating: “For nearly 50 years, ANSYS has been the leader in engineering simulation. Combining that expertise with Granta's decades of experience in material intelligence will help our customers make smarter decisions when developing their next-generation products.”
For more news stories about acquisitions, click here. For all our business for sale listings, click here.
Specialises in providing a range of reliable telecoms system maintenance and repair solutions, as well as expert telephony consultancy and full multi-site projects. Offers invited.
RELOCATABLE
Unique opportunity to acquire well established & highly regarded company supplying one-stop range of state-of-the-art drone systems from spacious warehouse & office premises in excellent commercial location. Offers invited.
LEASEHOLD
IT support provider servicing on-site and cloud-based systems for small to medium businesses. Client base is diverse, including a variety of accountancy, engineering, law & consultancy firms, not for profit organisations and nursing homes, where the...
|
21
|
|
Feb
|
Lakeside hotel enters administration | ADMINISTRATION
A historic but well-preserved hotel located on the banks of ...
|
19
|
|
Feb
|
Pharmaceutical manufacturer enters administration | ADMINISTRATION
A pharmaceutical manufacturing company based in Bristol has ...
|
16
|
|
Feb
|
Flybmi collapse - Ryanair, Loganair quick to take advantage and is Brexit really to blame? | ADMINISTRATION
Airlines Ryanair and Loganair are moving quickly to take ad...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources