ANSYS Inks Agreement to Buy Granta Design

ANSYS has entered into a definitive agreement to acquire Granta Design, a provider of materials information technology. The acquisition expands ANSYS' portfolio, giving ANSYS customers access to material intelligence, including data that is critical to successful simulations. The transaction is expected to close in the first quarter of 2019. Management will provide further details regarding the transaction and its impact on the 2019 financial outlook after the closing.

With this acquisition, ANSYS customers can access a comprehensive system for managing corporate material intelligence and a solution for materials sources, selection and management, according to ANSYS. Granta customers can expect easier access to ANSYS' simulation technology. Granta will continue its open ecosystem, integrating with a wide range of product lifecycle management, CAD and computer-aided engineering solutions.

Granta Design's products include GRANTA MI, a system for enterprise materials information management and CES Selector, which enables users to explore the impact that different materials have on the behavior of their products. Granta also develops CES EduPack, a teaching resource for materials topics in engineering, science, processing and design which is used by more than 1,000 universities worldwide. Granta's customers include Airbus, General Motors, Emerson Electric, Lockheed Martin, NASA, Saudi Aramco and Rolls-Royce.

“Granta Design has pioneered the field of materials information technology,” says Shane Emswiler, ANSYS vice president and general manager. “With materials engineering becoming an increasingly important aspect of product development, our customers require high-quality and comprehensive materials information for accurate simulation results. Integrating Granta's solutions into the ANSYS portfolio will provide a seamless user experience – and enable our customers to innovate like never before.”

“For nearly 50 years, ANSYS has been the leader in engineering simulation,” says David Cebon, co-founder and managing director of Granta Design. “Combining that expertise with Granta's decades of experience in material intelligence will help our customers make smarter decisions when developing their next-generation products.”

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Sources: Press materials received from the company and additional information gleaned from the company’s website.

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