ANSYS Acquires KPIT Medini Technologies - Quick Facts

(RTTNews) - ANSYS (ANSS) announced it has acquired Berlin-based KPIT medini Technologies AG, a provider of systems safety analysis solutions. Medini develops and markets solutions for systems safety analysis, reliability engineering and quality management. Its flagship solution, medini analyze, implements core functional safety analysis activities and integrates them with customers' existing engineering workflows. Medini analyze provides wide support, including at the concept, system, software and hardware levels.

Jim Cashman, ANSYS CEO, stated: "With trends like autonomous vehicles and the Internet of Things, innovation has never been more important for companies, regardless of their industry. But system complexity can be a barrier to innovation for some organizations. That's why we're excited about the systems functional safety capabilities medini adds to the broad ANSYS portfolio."

A combined ANSYS-medini solution enables companies to have one system simulation solution for the entire product development cycle.