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Posted Tue February 04, 2003 @12:30PM
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ANSYS, Inc., a global leader in computer-aided engineering analysis and optimization software, today announced that it has entered into a definitive agreement to acquire CFX, a leading supplier of computational fluid dynamics software and services. Computational fluid dynamics (CFD) is the second largest segment of the computer-aided engineering market behind the solid mechanics segment, where ANSYS already is well recognized as a market leader. By acquiring CFX, ANSYS will broaden the scope of engineering and physics solutions it can offer to its customers, gain access to new customers, and enter new markets.
ANSYS has agreed to pay approximately $21 million in cash to CFX's parent company, AEA Technology PLC (London: AAT), to complete the acquisition. The Company estimates that the transaction will be accretive to adjusted earnings in fiscal year 2003, excluding the impact of purchase accounting adjustments relative to the recognition of deferred lease revenue and the amortization of purchased intangibles. The transaction, which is subject to certain closing conditions, is expected to close in February 2003. CFX, which will continue to be headquartered in Waterloo, Ontario, will separately maintain its product and service businesses.
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| New Service Cuts Time and Cost of CAE |
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| Events: CFD Seminar on Industrial Turblulent Flows
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| Events: Multiphase Flows in Industrial Applications Conference
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Posted Tue January 28, 2003 @02:08PM
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Multiphase Flows in Industrial Applications Course and Conference
April 28th - 30th 2003
Dresden, Germany
Multiphase flows are of great interest to a large variety of industries. The power generation, food production, chemical process, and automotive industries are all driving forces in this physically and phenomenologically complex field.
A one-day course will be followed by a two-day conference.
The goal of this conference is to bring together experimental and numerical practitioners, and foster the exchange of knowledge between the two sides. Experts from both areas are called upon to present their research and application results to a receptive worldwide audience. Sponsored by CFX Germany and Forschungszentrum Rossendorf e.V.
Abstracts are currently being accepted.
The short course is designed to provide knowledge on the use of numerical and experimental methods for multiphase flows.
Participants will receive an overview of the possibilities and limits of both modern experimental methods and computational fluid dynamics (CFD). Valuable information on the applicability of CFD for daily tasks will be provided.
The lecturers are acknowledged experts in the areas outlined above.
For more information or to register visit the Conference Website.
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| CFdesign v6.0 Named One of 2002's Top New Products |
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