Today ANSYS announced today that it has entered into a definitive agreement to acquire Livermore Software Technology Corporation (LSTC), the premier provider of explicit dynamics and other advanced finite element analysis technology. Once closed, the acquisition will empower ANSYS customers to solve a new class of engineering challenges, including developing safer automobiles, aircraft and trains while reducing or even eliminating the need for costly physical testing.
LSTC has been a decades-long ANSYS partner, and we have tremendous respect for the deep ties that they have built with their customers for more than 30 years,” said Ajei Gopal, ANSYS president and CEO. “Upon close, we expect our shared customer-centric approach, coupled with access to our combined portfolio of simulation solutions, will deliver enormous value to our mutual customers. Additionally, this acquisition will enable ANSYS to significantly advance our existing integration of LS-DYNA into the ANSYS Workbench environment, providing ANSYS customers seamless access to an even wider range of advanced simulation technology. Driven by the vision of its founder John Hallquist, LSTC has focused on customer success throughout its history. I am personally thrilled for the opportunity to work more closely with this industry legend.”
The automotive industry has widely adopted the Livermore, California company’s gold-standard solution, LS-DYNA, a highly scalable multiphysics solver, to accurately predict a vehicle’s behavior and the effects on occupants during a collision. To do this, LS-DYNA simulates the behavior of the vehicle structure and all components including tires, seats, seatbelts, airbags, accelerometers, sensors and batteries in a fully coupled mathematical framework. LSTC counts the vast majority of tier one automotive suppliers among its customers. The combined company’s strengths in simulation for structures, fluids, electromagnetics, optics, safety and machine learning will deliver a powerful solution for autonomous and electric vehicles to global automotive manufacturers and their suppliers.
The ability of LS-DYNA to scale to industry-leading levels on high-performance computers has propelled its usage outside of the automotive sector. LSTC’s solutions are widely used in aerospace, civil engineering, defense, manufacturing, and the biomedical industries.
As an ANSYS partner for nearly 25 years, I am excited to formally join ANSYS and contribute to their place as the leader in engineering simulations,” said John O. Hallquist, founder and CEO of LSTC. “ANSYS is the perfect home for LSTC’s world-class team of scientists, mathematicians and engineers to continue advancing state-of-the-art, scalable and fully coupled, multiphysics computations. The ANSYS Workbench platform provides their customers with access to a uniquely broad portfolio of simulation technologies packaged into a user-friendly interface that is the envy of the industry. I expect that the combination of Workbench and LS-DYNA will expand our user base by at least an order of magnitude. Here at LSTC, nothing makes all of us happier than when our research enables more customers to imagine, design and implement ambitious projects that were previously impossible.”