MSC Nastran is a FEA solver that enables simulation of various multidisciplinary engineering problems for aerospace, automotive, defense, energy, manufacturing and other high-tech industries. The transaction will be fully financed via bank facilities and Hexagon’s net debt to EBITDA target of 2.MSC Software has released MSC Nastran 2019.0.The acquisition will further strengthen Hexagon’s smart connected factory strategy to deliver enterprise solutions within manufacturing verticals.In 2016 MSC generated proforma sales of $230 Million USD, with strong profitability and a high percentage of recurring revenue.Purchase price of $834 Million USD on a cash and debt free basis (Enterprise Value).Its strong brand and reputation in industries such as automotive, aerospace and electronics spans more than 50 years. Headquartered in Newport Beach, CA, United States, MSC has over 1,200 highly-skilled professionals in 20 countries. The acquisition strengthens Hexagon’s ability to connect the traditionally separate stages of design and production – integrating real-world data generated on the production floor with simulation data to further improve a customer’s ability to reveal and correct design limitations and production problems prior to manufacturing. MSC’s simulation analysis capabilities empower customers to optimise design for production, ensuring downstream productivity, product quality and durability. The acquisition will also open up new markets and touchpoints for MSC via our PPM division.” “We can now leverage the data our MI division is generating to improve design choices and processes upstream in the workflow. MSC represents a game changer in our mission to deliver actionable manufacturing intelligence, taking us another step closer to realizing our smart connected factory vision in discrete manufacturing industries such as automotive and aerospace,” said Hexagon President and CEO Ola Rollén. Today Hexagon AB from Sweden announced an agreement to acquire MSC Software, a leading provider of computer-aided engineering solutions, including simulation software for virtual product and manufacturing process development.
0 kommentar(er)
