ANSYS, a Pittsburgh-headquartered provider of engineering simulation software, has agreed to acquire Dynardo, which provides simulation process integration and design optimization (PIDO) technology. The acquisition will give ANSYS customers access to process integration and design tools — empowering users to identify optimal product designs faster and more economically.

The transaction is expected to close in the fourth quarter of 2019. It is not expected to have material impact on ANSYS’ consolidated financial statements in either 2019 or 2020.

Headquartered in Weimar, Germany, Dynardo has more than 60 employees, with locations in Austria and the U.S. An existing ANSYS partner, Dynardo develops algorithms for optimization, uncertainty quantification, robustness, scenario variation, sensitivity analysis, simulation workflow building and data mining.

Its product portfolio includes optiSLang, a software platform for process integration and multidisciplinary optimization, and Dynardo products are deployed by worldwide customers such as Bosch, ZF, Shell, Lufthansa, Infineon and ArianeGroup.

“This acquisition will accelerate ANSYS’ pervasive simulation vision, advance our industry-leading platform and will enable our customers to leverage an open ecosystem approach to connect simulation and optimization throughout their product lifecycle processes,” said Navin Budhiraja, vice president and general manager of cloud and platform at ANSYS.