Dassault Systemes announce acquisition of Safe Technology Limited
Dassault Systemes, a leading company in 3D design software and Digital Mock Up besides Product Lifecycle management Solutions has acquired Safe Technology Limited, of Sheffield, UK. This noteworthy acquisition not only enhances Dassault Systemes 3DEXPERIENCE platform, but also expands its realistic simulation applications (SIMULIA) in a complete and accurate way.
It is not for the first time that Dassault Systemes and Safe Technologies have come together. In fact, the two companies have been working closely for over 15 years and have formed a global customer base besides developing state of the art technologies. The two together will work closely to accelerate product development, integrate fatigue solutions into designer software tools and together form a global support network which will boost each other’s growth plans. The all cash transaction between Safe Technologies and Dassault Systemes was signed and sealed on August 7, 2013.