Announced
Completed
Financials
Tags
Software
Private
Application software products
Cross Border
Germany
Acquisition
Private Equity
Friendly
Single Bidder
safety systems
software development
scanning software
Majority
Completed
Synopsis
Humanetics, a provider of precision test systems and sensor solutions, completed the acquisition of Human Solutions, a developer of software, with which vehicle interiors can be optimally designed to meet ergonomic requirements, and Avalution, a bodyanalytics database provider, from Pinova Capital. Financial terms were not disclosed. "We are thrilled to welcome Human Solutions and Avalution to the Humanetics Group. There are natural complementary synergies with our solutions, customers and capabilities. Humanetics and Human Solutions share a unique purpose that puts humans at the center of design and innovation. Both companies create highly sophisticated models of human bodies that enable engineers to design vehicles that keep humans safe, in proper position and in full control of the vehicle at critical moments in the driving experience," Christopher O’Connor, Humanetics Group President and CEO.
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