Ansys completes acquisition
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CANONSBURG – Engineering simulation software provider Ansys Inc. said Friday it has completed its acquisition of Reaction Design, a leading developer of chemistry simulation software based in San Diego, Calif.
Ansys said in a news release it will provide further details regarding the transaction and its impact on the 2014 financial outlook at the time of its 2013 year-end earnings announcement.
Headquartered in San Diego, Reaction Design has about 25 employees and more than 400 customers around the world. Its flagship product, CHEMKIN-PRO is considered to be the gold standard for modeling and simulating gas-phase and surface chemistry.
When it announced the acquisition in early December, Southpointe-based Ansys said the combination of its proven computational fluid dynamics solutions with Reaction Design’s industry-leading chemistry solvers will provide the best-in-class combustion simulation tools available on the market.
Ansys noted understanding and predicting the effects of chemistry in a combustion system is critical to developing competitive products in transportation, energy and materials processing applications.