Ansys Acquires Phoenix Integration, Inc.

November 5, 2021

Ansys acquired Phoenix Integration, Inc., the developer of the ModelCenter platform for model-based engineering and model-based systems engineering (MBSE), to expand its process-integration and MBSE capabilities. The acquisition, announced May 17, 2021, will broaden Ansys' solution offering by enabling multi-tool workflows and tighter integration between engineering analysis and systems models; financial terms were not disclosed.

Buyers
Ansys, Inc.
Targets
Phoenix Integration, Inc.
Industry
Software
Location
Virginia, United States
Transaction Type
Buyout

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