PLANO, TX and MONTREAL, Canada, Sep 22, 2017 – Siemens has entered into an agreement to acquire Montreal, Canada-based Infolytica Corp., expanding the company’s simulation suite into electromagnetics (EM). Infolytica was one of the original pioneers in the field of simulating low-frequency EM and its market-leading simulation software is used by manufacturers worldwide to predict EM and thermal performance. This accelerates the development of reliable and optimized solutions for electric and electromagnetic devices such as electric machines – including motors, generators and transformers – as well as sensors, induction heating, MRI, and shielding. The Infolytica business will be incorporated into the Mechanical Analysis Division of Mentor, a Siemens business. Closing of the transaction is expected in October 2017.
The addition of Infolytica enhances Siemens’ Simcenter portfolio for simulation and test, which covers mechanical, thermal, fluid dynamics and electromagnetic simulations. Infolytica’s products are widely used in the design of high-performance electromechanical products across industries such as aerospace, automotive, consumer electronics, electrical appliances, medical equipment, heavy industry and power generation.
“From our inception we were always dedicated to providing leading software solutions for the engineering community,” said Professor David Lowther, CEO and co-founder of Infolytica. “We offer high-powered 3D electromagnetic simulation including inter-operability to other analysis packages and CAD, plus our MotorSolve product is a unique motor and drive design application. We are joining forces with a PLM market leader in Siemens to access new technologies, resources and market opportunities.”
“We have been a close partner with Infolytica for a number of years and share their vision for best-in-class engineering simulation,” said Roland Feldhinkel, general manager of the Mechanical Analysis Division of Mentor, a Siemens business. “Infolytica brings domain expertise and state-of-the-art electromagnetic simulation to Siemens. It is a perfect fit for Siemens’ and Mentor‘s combined strategy of providing full-physics and integrated engineering solutions. We especially look forward to those combined offerings in electromagnetics and thermal engineering for electrification of transportation and autonomous vehicles.”
About Siemens PLM Software
Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of product lifecycle management (PLM) and manufacturing operations management (MOM) software, systems and services with over 15 million licensed seats and more than 140,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works collaboratively with its customers to provide industry software solutions that help companies everywhere achieve a sustainable competitive advantage by making real the innovations that matter.
For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.
About Siemens AG
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide.
Further information is available on the Internet at www.siemens.com.