Cadence to acquire NUMECA
And the consolidation continues. Cadence announced this morning that it will acquire NUMECA, maker of the OMNIS CAE framework (though you probably know it for its FINE/Design3D optimization solution and its FINE/Marine virtual towing tank/CFD naval architecture tools — that’s what I first learned about, years ago). I don’t follow Cadence in enough detail to know, so here’s what they said about the logic behind the deal:
The addition of NUMECA’s technologies and talent supports the Cadence Intelligent System Design strategy and broadens its system analysis portfolio with CFD solutions, servicing a fast-moving market segment [by which they mean CFD, I think] where accuracy, reliability and predictability are paramount concerns for high-fidelity modeling … The acquisition builds on the momentum of recent Cadence system innovation developments with the Clarity 3D Solver for electromagnetic (EM) simulation, the Clarity 3D Transient Solver for finite difference time domain (FDTD) system-level EM simulation and the Celsius Thermal Solver for electrical-thermal co-simulation product introductions. NUMECA’s technology will also contribute to Cadence best-in-class system analysis solutions for integrated circuits (ICs), electronic subsystems and full system designs.
Cadence President Anirudh Devgan, said, “The acquisition of NUMECA’s proven CFD technology and talented team complements Cadence’s finite element analysis and other system innovation technologies and is another successful step that will advance our customers’ ability to design the exciting products of tomorrow.”
Tom Beckley, SVP of the Custom IC & PCB Group at Cadence, added, “With the addition of NUMECA’s technology to the Cadence portfolio, we are broadening our system analysis capabilities and integrated design solutions, addressing critical customer challenges in areas such as internal and external flows, acoustics, heat transfer, fluid-structure interaction and optimization.”
Terms of the transaction were not disclosed. The acquisition is expected to close in the first quarter of 2021, subject to customary closing conditions.
It’s amazing that I just this week wrote a piece for NAFEMS on consolidation in CAE — and commented that these acquisitions will only foster more innovation since there’s an obvious path to a payout. I’ll need to add NUMECA+Cadence to that list.
As I said above, I haven’t followed Cadence to any level of detail. That’s because they’ve historically been EDA (electronic design automation)-focused, and that’s not my wheelhouse. But as they stretch into new areas of CAE add more 3-D solvers to their electromagnetic and thermal offerings (and the NUMEACA OMNIS platform becomes more widely promoted), Cadence can move further into marine, aerospace, automotive, and industrial markets. Definitely, something to watch.