Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Siemens acquires Nextflow Software to speed simulations with advanced meshless technology

TRN

- Siemens to integrate Nextflow Software's meshless CFD technology into the Xcelerator software portfolio for fast and automated analysis of complex applications with transient flows and motion

- Acquisition to enable sophisticated CFD earlier in the design process to deliver more competitive products in less time and cost

PR Newswire

PLANO, Texas , June 3, 2021 /PRNewswire/ -- Siemens announced today that it has acquired Nextflow Software, an independent provider of advanced particle-based computational fluid dynamics (CFD) solutions. Nextflow Software will become part of Siemens Digital Industries Software, where its offering will expand the Simcenter™ software portfolio, part of the Siemens' Xcelerator™ portfolio of software and services, with rapid meshless CFD capabilities to accelerate the analysis of complex transient applications in the automotive, aerospace, and marine industries such as gear box lubrication, tank sloshing or electric motor spray cooling.

Nextflow Software is a startup company focused on the development of innovative SPH meshless CFD methods.

"Our customers need to leverage sophisticated simulations earlier and more often in their design process, and this is creating a strong demand for rapid and automated CFD of dynamic gas-liquid flows," said Jean-Claude Ercolanelli, Senior Vice President, Simulation and Test Solutions, Siemens Digital Industries Software. "Meshless technology has emerged as a leading solution to greatly reduce the setup and solving times for this class of problems, accelerating time to results and prove the behavior of products at a reduced time and cost."

Siemens Digital Industries Software is already positioned strongly in the CFD market, providing both CAD-centric and high-fidelity solutions across mechanical and electrical design scenarios. The addition of Nextflow Software's Smooth-Particle Hydrodynamics (SPH) technology into the Simcenter portfolio can enable analysts to leverage the complementary nature of meshless and mesh-based solvers to capitalize on each of their strengths, opening the door to new applications that were previously difficult to address.

"We are very excited to join Siemens and expand the scope of CFD simulation for our customers," said Vincent Perrier , CEO of Nextflow Software. "Today, there is no single validation approach that fits all industrial applications. As engineering problems become more complex and design cycles are shortened, analysts must find the optimal trade-off between accuracy and computation time. Nextflow Software's SPH solutions nicely complement the existing CFD offering in the Simcenter Portfolio to overcome challenges of complexity and long run-times."

Founded in 2015 and headquartered in Nantes, France , Nextflow Software is a startup company focused on the development of innovative SPH meshless CFD methods. They have played a critical role in moving SPH from academic labs into the hands of analysts across industries, helping simulate complex transient problems faster and earlier in the product development cycle.

The transaction closed on June 1, 2021 . Terms were not disclosed.

Siemens Digital Industries Software is driving transformation to enable a digital enterprise where engineering, manufacturing and electronics design meet tomorrow. The Xcelerator portfolio helps companies of all sizes create and leverage digital twins that provide organizations with new insights, opportunities and levels of automation to drive innovation. For more information on Siemens Digital Industries Software products and services, visit www.sw.siemens.com or follow us on LinkedIn , Twitter , Facebook and Instagram . Siemens Digital Industries Software – Where today meets tomorrow.

Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI's unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany , and has around 76,000 employees internationally.

Siemens AG ( Berlin and Munich ) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power. In fiscal 2020, which ended on September 30, 2020, the Siemens Group generated revenue of €55.3 billion and net income of €4.2 billion. As of September 30, 2020 , the company had around 293,000 employees worldwide. Further information is available on the Internet at www.siemens.com .

Note: A list of relevant Siemens trademarks can be found here . Other trademarks belong to their respective owners.

The addition of Nextflow Software’s Smooth-Particle Hydrodynamics (SPH) technology into the Simcenter portfolio can enable analysts to leverage the complementary nature of meshless and mesh-based solvers to capitalize on each of their strengths, opening the door to new applications that were previously difficult to address.

Siemens Logo (PRNewsfoto/Siemens) (PRNewsfoto/Siemens)

Cision View original content to download multimedia: http://www.prnewswire.com/news-releases/siemens-acquires-nextflow-software-to-speed-simulations-with-advanced-meshless-technology-301305440.html

SOURCE Siemens Digital Industries Software



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today