Ansys, a Pittsburgh headquarter provider of engineering simulation software, has agreed to acquire Lumerical Inc., which develops photonic design and simulation tools. The acquisition will add photonics products to the Ansys multi-physics portfolio.
The transaction is subject to the customary closing conditions and is expected to close in the second quarter of 2020. It is not expected to have a material impact on Ansys’ consolidated financial statements in 2020.
Lumerical’s photonic simulation products enable designers to model the most challenging problems in photonics, including interacting optical, electrical and thermal effects. The company’s solutions can improve the performance of data center architectures by removing networking bottlenecks, potentially slashing the total cost of ownership. Additionally, the acquisition of Lumerical is expected to enable Ansys customers to predict light’s behavior within complex photonic structures and systems.
“Ansys provides a comprehensive solution for semiconductors and high-performance electronics,” said Shane Emswiler, Ansys senior vice president of the physics business units. “With the acquisition of Lumerical, we will extend Ansys’ capabilities to exploit the potential of photonics to further empower our customers to develop next-generation products like autonomous vehicles and other smart-connected products.”