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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