SAN RAFAEL, Calif., Feb. 17, 2011 — Autodesk, Inc., (NASDAQ: ADSK), a leader in 3D design, engineering and entertainment software, announced that it has signed a definitive agreement to acquire Blue Ridge Numerics, Inc., a leading provider of simulation software, for approximately $39 million in cash. The transaction is subject to customary closing conditions and is expected to close in Autodesk’s first quarter of fiscal 2012 (which ends on April 30, 2011).
Charlottesville, VA-based Blue Ridge Numerics, Inc. is a provider of fluid flow and heat transfer simulation software for industries including automotive, aerospace, medical, consumer products, electronics, industrial machinery, oil and gas and more. Founded in 1992, it is the fastest growing computational fluid dynamics (CFD) software company in the world. Its CFdesign® CFD software helps engineers to determine ―will it work?‖ reducing the need for repeated physical testing in the lab. The company's CFD software integrates comprehensive fluid-flow and heat-transfer simulation into early phases of design and engineering, when companies can dramatically improve product quality, time-to-market, and ultimately profitability. The company’s software is based on finite element analysis, a numerical technique for comprehensive engineering simulations that can be widely applied to products like pumps, fans or turbines or to mechanical, electrical or plumbing systems in buildings.
Blue Ridge Numerics software allows mechanical and building system engineers to virtually test and predict real-world behavior of new and existing designs and eliminate expensive physical prototyping cycles in the lab. Its CFD software allows engineers to make informed, up-front decisions about air flow, fluid flow or electronics cooling to help design and manufacture safer, quality products or construct more energy efficient buildings.
Blue Ridge Numerics has successfully broken down technological barriers that previously prevented the integration of CFD within the mainstream product development process. The company’s robust, general-purpose analytical engine produces accurate simulations from within a range of CAD systems with little human time or simulation experience required. Recognized by Desktop Engineering magazine as ―high-power CFD that operates from the designer's point of view,‖ CFdesign automates and removes the complexities of CFD set-up and meshing. Blue Ridge Numerics’ product line includes a broad spectrum of simulation capabilities focused on fluid flow and heat transfer. Engineers can visualize a digital prototype of a product, such as a hair
dryer, vacuum cleaner, oven, or blender, to test single or multi-scenario flow and thermal properties at once, so they can digitally optimize the design, placement, and performance of critical components. In the construction industry, engineers can use CFdesign with Autodesk® Revit® MEP to more accurately predict air flow and plan optimum ventilation for their building design to meet environmental regulations or energy efficiency objective
See the full press release here:
http://images.autodesk.com/adsk/files/Autodesk_Blue_Ridge_Numerics_Final_News_Release0.pdf
What is Blue Ridge Numerics, Inc.?
Charlottesville, VA-based Blue Ridge Numerics, Inc. is a provider of fluid flow and heat transfer simulation software for industries including automotive, aerospace, medical, consumer products, electronics, industrial machinery, oil and gas and more. Founded in 1992, it is the fastest growing computational fluid dynamics (CFD) software company in the world. Its CFdesign® CFD software helps engineers to determine ―will it work?‖ reducing the need for repeated physical testing in the lab. The company's CFD software integrates comprehensive fluid-flow and heat-transfer simulation into early phases of design and engineering, when companies can dramatically improve product quality, time-to-market, and ultimately profitability. The company’s software is based on finite element analysis, a numerical technique for comprehensive engineering simulations that can be widely applied to products like pumps, fans or turbines or to mechanical, electrical or plumbing systems in buildings.
What technology does Blue Ridge Numerics provide?
Blue Ridge Numerics software allows mechanical and building system engineers to virtually test and predict real-world behavior of new and existing designs and eliminate expensive physical prototyping cycles in the lab. Its CFD software allows engineers to make informed, up-front decisions about air flow, fluid flow or electronics cooling to help design and manufacture safer, quality products or construct more energy efficient buildings.
Blue Ridge Numerics has successfully broken down technological barriers that previously prevented the integration of CFD within the mainstream product development process. The company’s robust, general-purpose analytical engine produces accurate simulations from within a range of CAD systems with little human time or simulation experience required. Recognized by Desktop Engineering magazine as ―high-power CFD that operates from the designer's point of view,‖ CFdesign automates and removes the complexities of CFD set-up and meshing. Blue Ridge Numerics’ product line includes a broad spectrum of simulation capabilities focused on fluid flow and heat transfer. Engineers can visualize a digital prototype of a product, such as a hair
dryer, vacuum cleaner, oven, or blender, to test single or multi-scenario flow and thermal properties at once, so they can digitally optimize the design, placement, and performance of critical components. In the construction industry, engineers can use CFdesign with Autodesk® Revit® MEP to more accurately predict air flow and plan optimum ventilation for their building design to meet environmental regulations or energy efficiency objective
See the full press release here:
http://images.autodesk.com/adsk/files/Autodesk_Blue_Ridge_Numerics_Final_News_Release0.pdf
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