ANSYS, a provider of engineering simulation software, agreed to acquire Dynardo, a provider of simulation process integration and design optimization technology. Financial terms were not disclosed. "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. 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," Navin Budhiraja, vice president and general manager of cloud and platform at ANSYS.