Announced
Financials
Sources
Tags
Majority
United Kingdom
Acquisition
Pending
electronic engineering
motor design software
Electronic Components and Equipment
Cross Border
Friendly
Private
Single Bidder
Synopsis
Ansys, a software company, agreed to acquire Motor Design, an electronic engineer in Wrexham, Wales. Financial terms were not disclosed. "Motor-CAD is the leading electric machine design tool. Bringing its technology into the Ansys family of multiphysics analysis software solutions will allow us to deliver tighter integrations and seamless workflows for all aspects of electric machine design. Together, we will provide customers with the most comprehensive solution for electric machine design, which is critical as industries and companies around the world pursue more electrification and sustainability initiatives," Shane Emswiler, Ansys senior vice president of products.
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