Tech Company M&A Transactions
MultiMechanics Acquisition
MultiMechanics, based in Omaha, was acquired by Siemens. No transaction price was announced.
Transaction Overview
Company Name
Acquired By
Announced On
11/26/2019
Transaction Type
M&A
Amount
Unknown
M&A Terms
Following the close of the deal, MultiMechanics will be integrated into Siemens Digital Industries Software, and its software platform incorporated into Siemens' Simcenter software, within its Xcelerator portfolio, implementing materials engineering into the digital workflow and establishing a strong connection between material developers, manufacturing process developers and part designers. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
6825 Pine St. A11
Omaha, NE 68106
USA
Omaha, NE 68106
USA
Phone
Website
Email Address
Overview
We develop MultiMech, a state-of-the-art multiscale finite element software package that helps companies using advanced materials greatly reduce physical prototyping and testing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Leandro Castro
Chief Technical Officer
Flavio Souza
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