Under the terms of the merger agreement, unanimously approved by Exa’s Board of Directors, a subsidiary of Dassault Systèmes has commenced a tender offer to acquire all of the issued and outstanding shares of Exa common stock.
With the addition of Exa, Dassault Systèmes’ 3DEXPERIENCE platform will provide customers with a proven, diverse portfolio of combined Lattice Boltzmann fluid simulation technologies, as well as Exa’s fully industrialised solutions and nearly 350 highly experienced simulation professionals. This set of solutions solves challenging fluids problems faster and more accurately than traditional methods for aerodynamics, aeroacoustics, thermal management, and a growing list of applications in other industries.
Exa’s software is used by designers and engineers at more than 150 leading companies in transportation and mobility, as well as aerospace and defence, natural resources, and others to evaluate highly dynamic fluid flow throughout the design process. Customers include BMW, Tesla, Toyota, NASA, Embraer, British Petroleum, and others. Nearly every transportation and mobility manufacturer uses Exa’s solutions to simulate aerodynamic flow, aeroacoustics, and thermal management.
Simulation of fluid flow, such as the cooling of an engine or the lift of a wing, is a necessary component of simulating the physical behaviour of products, nature and life. For the many situations where fluid flow conditions change rapidly, simulation of dynamically variable flows is critical to accurate assessments of a product and its behaviour in its environment. For these applications, the combination of Exa’s accuracy and timeliness provides results that are superior to those of alternative fluid simulation methods.
While providing continuity for Exa’s customers, Dassault Systèmes will integrate Exa’s solutions into its existing portfolio of industry solution experiences. This will offer a new industry standard in multiphysics and multiscale simulation. Combining the two companies greatly enhances collaboration with customers, facilitating the ability to offer integrated solutions and simplify both commercial and technical interactions. Customers will be able to quickly create and analyse fluid behavioral models that simulate highly dynamic fluid flow across a wide range of applications.
