Ansys, an engineering simulation software services provider, completed the acquisition of Phoenix Integration, a provider of software that enables model-based engineering. Financial terms were not disclosed. “Phoenix Integration has seen firsthand the benefits that engineering simulation and MBE have in transforming the product development process. We are looking forward to joining forces with Ansys to help our existing customers benefit from expanded access to physics-based simulation within their model-based engineering workflows, and we are excited to see the ModelCenter platform provide increased value to the Ansys community," Jane Trenaman, Phoenix Integration President and CEO.