Software simulation company Ansys Inc. has announced its first acquisition of the new year, which will see the Canonsburg-based company expand its footprint in South America and elsewhere as a result.
By acquiring Rocky DEM, a subsidiary of Florianópolis, Brazil-based Engineering Simulation and Scientific Software (ESSS), Ansys said it will be able to enhance its joint particle modeling workflow solutions. Ansys also noted that Rocky possesses strengths in graphical computing as well as its ability to apply particle methods to multiphysics simulations, all of which are used in cross-industry applications requiring discrete solids of various sizes and shapes, Ansys said.
An undefined number of developers, application support technicians and customer-facing staff in Brazil, Spain and the U.S. will join Ansys following the deal's close.
Ansys did not disclose the financial terms of the deal, though it noted that the "transaction is not expected to have a material impact on [the company's] consolidated financial statements in 2023."
"Rocky's unique approach to discrete particle modeling empowers our customers to solve a wide variety of problems across virtually all industries," Shane Emswiler, senior vice president of products at Ansys, said in a prepared statement. "Fully integrating Rocky into Ansys' portfolio and welcoming its distinguished experts to our team builds upon our demonstrated success and enables Ansys to provide an even more efficient and powerful solution for our customers. We are delighted to welcome Rocky into the Ansys family."
Added Marcos Damiani, numerical development principal at Rocky: "The Rocky team is elated to join Ansys and further combine Rocky's state-of-the-art particle simulation capabilities with Ansys' flagship simulations — allowing engineers to design more reliable products, slash development time, and win the race to market."