ESI Group, pioneer and world-leader in Virtual Prototyping and Virtual Engineering solutions, today announces the acquisition of OpenCFD Ltd., the leader in the Open Source Computational Fluid Dynamics (CFD) software segment, from SGI, the trusted leader in Technical Computing. ESI Group consequently becomes the owner of the OpenFOAM® trademark, widely recognized in automotive, energy, aerospace and other industry sectors, and assumes responsibility and initiative for the further development, quality and support of the software. ESI and SGI will be expanding their partnership and go to market collaboration to improve accessibility of CFD, at affordable cost, reliable quality, and competitive performance.
DDA & Company represented ESI Group in the acquisition of Open CFD Ltd DDA & Company represented ESI Group in the acquisition of Open CFD Ltd, the developer of the OpenFOAM® open source Computational Fluid Dynamics (CFD) toolbox
This acquisition is in line with our selective external growth strategy, and it reaffirms our ability to adapt to, welcome and anticipate changes in the Virtual Engineering market. Indeed we believe that the ‘Open source’ software model and the associated use of cloud computing will accelerate the low cost and gradual adoption of numerical simulation and, when applicable, will facilitate the further migration to the high value creation of ESI’s “End-to-End Virtual Prototyping” solutions. OpenCFD Ltd. and its team of experts will allow us to reaffirm our leadership in CFD as a means to an end, namely Enabling Virtual Engineering for all. And it will also support the diversification of our business sectors and the adaptation of our business models. Important to our ‘go-to-market’ strategy, OpenFOAM®’s broad popularity will provide us with preferred access to its vast and global user base, giving further opportunities for our extended software and services offer, creating substantial value for our clients, staff and shareholders, while opening new, collaborative, innovative and promising perspectives