Applied Intuition Acquires Mechanical Simulation Corporation (CarSim)

Applied Intuition Acquires Embark Technology

May 25, 2023

Automotive

Applied Intuition agreed to acquire autonomous-trucking software developer Embark Technology in an all-cash transaction valued at approximately $71 million. Applied will integrate Embark's software, data and tools to enhance its autonomous-vehicle development platform; Embark plans to retire its test truck fleet and key employees are expected to join Applied.

Applied Intuition Acquires EpiSci

February 6, 2025

AI & Machine Learning

Applied Intuition has acquired EpiSys Science (EpiSci), a Poway, California–based developer of tactical AI and autonomy software for national security, with EpiSci operating as a wholly owned subsidiary. The deal expands Applied Intuition Defense's capabilities in mission-critical autonomy across land, air, sea and space and brings EpiSci's team and technology into Applied Intuition's simulation, validation and data-management product suite.

TriMech Acquires Adaptive Corporation and Forward Vision

January 4, 2023

Engineering Services

TriMech, a Halifax Group portfolio company, has acquired Adaptive Corporation and Forward Vision to expand its Dassault Systèmes enterprise offerings. The deals bolster TriMech’s capabilities in CAD, simulation, PLM, metrology, robotics and discrete-event simulation to better serve automotive, aerospace & defense, and industrial equipment clients.

Siemens Acquires MultiMechanics

November 25, 2019

Software

Siemens has acquired MultiMechanics, the developer of the MultiMech materials modeling and simulation software, from investors including Anzu Partners (and fellow investor Solvay). MultiMechanics will be integrated into Siemens Digital Industries Software and incorporated into the Simcenter offering within Siemens' Xcelerator portfolio to add materials-engineering and digital-twin capabilities.

Applied Intuition Acquires SceneBox from Caliber Data Labs

March 21, 2023

AI & Machine Learning

Applied Intuition has acquired SceneBox, a machine-learning data management platform developed by Caliber Data Labs, and added the core SceneBox team to its organization. The acquisition expands Applied Intuition’s data operations and ML tooling capabilities to help engineers more efficiently curate, search, and manage large perception datasets for autonomous systems and computer-vision models.

Siemens Acquires Altair Engineering

March 26, 2025

Software

Siemens AG has completed the acquisition of Altair Engineering Inc. for an enterprise value of approximately USD 10 billion. The deal adds Altair's capabilities in mechanical and electromagnetic simulation, high-performance computing (HPC), data science and AI to Siemens' Xcelerator platform, strengthening Siemens' industrial software and digital twin offerings.