ANSYS (ANSS) Tops Q3 EPS by 3c; Issues Light Outlook

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ANSYS (ANSS) Announces Acquisition of KPIT medini Technologies

November 3, 2016 7:11 AM EDT

ANSYS (Nasdaq: ANSS) announced that it has acquired Berlin-based KPIT medini Technologies AG, a leading provider of systems safety analysis solutions.

As products from mobile phones to automobiles become smarter and more complex, the need to simulate the entire system, and not just its components, is increasing rapidly. That added complexity provides new ways for products to fail, making systems safety and reliability analysis more critical than ever.

Medini develops... More