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Siemens to acquire simulation software supplier CD-adapco

Munich, Germany (January 25, 2016) -- Siemens and CD-adapco have entered into a stock purchase agreement for the acquisition of CD-adapco by Siemens. The purchase price is $970 million. CDadapco is a global engineering simulation company with software solutions covering a wide range of engineering disciplines including Fluid Dynamics (CFD), Solid Mechanics (CSM), heat transfer, particle dynamics, reactant flow, electrochemistry, acoustics and rheology. Last fiscal year, CD-adapco had over 900 employees and revenue of close to $200 million with software-typical double digit margins. On average, CD-adapco increased its revenue at constant currencies by more than 12 percent annually over the past three fiscal years. Siemens expects this business to continue to experience strong growth in the future. 

• Siemens expands portfolio for industry software
• CD-adapco a leader in computational fluid dynamics (CFD) simulation
• Purchase price of $970 million

Red Cedar Technology Announces Optimize This! 2016 International HEEDS User Conference

Optimize This! 2016East Lansing, MI (December 22, 2015) -- Red Cedar Technology is pleased to announce Optimize This! 2016, the International HEEDS User Conference, scheduled for October 11-14, 2016 at The Dearborn Inn Marriott Hotel in Dearborn, Michigan. Optimize This! 2016 will bring individuals responsible for product development together to learn and share how HEEDS is being used in a wide variety of industries and applications to help discover better designs, faster! With over a hundred attendees from across the globe, Optimize This! 2016 is a special event. The setting gives attendees the chance to participate in deeper discussions about design exploration challenges and innovations in their area of interest. The conference will feature presentations from key stakeholders and industry leaders currently using HEEDS to automate their design exploration processes.

► Visit conference website

Red Cedar Technology Releases HEEDS 2015.11

HEEDSEast Lansing, MI (November 24, 2015) – Red Cedar Technology is pleased to announce the release of the newest version of HEEDS. HEEDS MDO 2015.11 This version was released on 11/23/2015 and is available for download. To download a copy, please login to our Customer Portal with your credentials and choose HEEDS MDO 2015.11 from the Software and Documentation window. This release includes several new features that enhance usability and provide tools for better insights into your design space.

Read the release notes

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The HEEDS design exploration team provides software and services to help you discover innovative solutions, reduce product development time and risks, and meet or exceed customer expectations.

 

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 heeds.plm (@) siemens.com
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