Computer Simulation Technology (CST)

Computer Simulation Technology specializes in software development for the analysis of electromagnetic fields. Among clients of the company — representatives of the most various industries industries which are engaged in development of the telecommunication, automobile, electronic, medical equipment. In particular, IBM, Intel, Samsung and Siemens use the solutions CST.

As of July, 2016 CST have more than 2 thousand clients, and official distributor of the software of CST in the territory of Russia and the CIS countries is the Eurointech company.

Performance Indicators

2015

In 2015 revenue of CST made 47 million euros

History

2016: Dassault Systemes buys CST for 220 million euros

On July 21, 2016 the producer of automated design engineering systems (CAD) Dassault Systemes announced purchase of CST. The cost of the transaction will be 220 million euros, all amount will be paid from own means of the buyer.

It is going to close the transaction in the fourth quarter 2016. At first regulators of some countries, including Germany and Austria should approve it. Purchase will begin to bring income right after official completion of the transaction, says Dassault Systemes.

Dassault Systemes buys competitors of CST for 220 million euros

Thanks to acquisition of CST the Dassault Systemes company will be able to complement possibilities of realistic multiphysical modeling of the platform 3DExperience with a full range of solutions for simulation of electromagnetic fields.

The electromagnetism is an integral part of strategy of multiphysical modeling for development of smart and network products and also devices of Internet of Things — from creation of difficult design before ensuring performance, reliability and safety of interaction with the environment — the CEO of Dassault Systemes Bernard Charles says. — Purchase of CST became a part of our big mission for ensuring universality 3DExperience for a research, development and use of the innovations providing big harmony between a product, the nature and life.

Dassault Systemes is going to integrate the solutions CST with the product portfolio for modeling of construction mechanics, the multiparticle systems, heat transport and liquid to meet requirements of the growing market of modeling of electromagnetic fields which volume is estimated at $600 million^[1]

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