{"id":476986,"date":"2021-04-15T09:03:41","date_gmt":"2021-04-15T13:03:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cadence-acquires-pointwise-to-expand-system-analysis-offerings-addressing-cfd-meshing-for-aerospace-applications\/"},"modified":"2021-04-15T09:03:41","modified_gmt":"2021-04-15T13:03:41","slug":"cadence-acquires-pointwise-to-expand-system-analysis-offerings-addressing-cfd-meshing-for-aerospace-applications","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cadence-acquires-pointwise-to-expand-system-analysis-offerings-addressing-cfd-meshing-for-aerospace-applications\/","title":{"rendered":"Cadence Acquires Pointwise to Expand System Analysis Offerings Addressing CFD Meshing for Aerospace Applications"},"content":{"rendered":"

<\/p>\n

Cadence Acquires Pointwise to Expand System Analysis Offerings Addressing CFD Meshing for Aerospace Applications<\/b><\/p>\n

Broadens expansion into multiphysics domain with market-leading computational fluid dynamics mesh generation and pre-processing technology<\/span><\/i><\/p>\n

SAN JOSE, Calif.–(BUSINESS WIRE<\/a>)–
\nCadence Design Systems, Inc. (Nasdaq: CDNS) announced today that it has acquired Pointwise, Inc., a leader in mesh generation for computational fluid dynamics (CFD). The addition of Pointwise\u2019s technologies and experienced team supports the Cadence\u00ae<\/sup> Intelligent System Design\u2122<\/sup> strategy and further broadens its system analysis portfolio, complementing the recently acquired NUMECA CFD technology. Together, these acquisitions will enable advanced CFD solutions where accuracy, reliability, predictability and performance are paramount for high-fidelity characterization of fluids, such as air flowing over an airplane.\n<\/p>\n

\nPointwise\u2019s mesh generation technology addresses the high-growth pre-processing CFD market sub-segment. The acquisition builds on the recent NUMECA acquisition and Cadence\u2019s innovative multiphysics products including the Clarity\u2122<\/sup> 3D Solver for electromagnetic (EM) simulation, the Clarity 3D Transient Solver for finite difference time domain (FDTD) system-level EM simulation and the Celsius\u2122<\/sup> Thermal Solver for electrothermal co-simulation.\n<\/p>\n

\nPointwise\u2019s technology adds world-class mesh generation and pre-processing capabilities that read data from all of the leading CAD formats and export data to over 40 CAE formats. Pointwise\u2019s core competency in robust grid generation squarely addresses the aerospace industry\u2019s demand for high-fidelity discretization of aircraft geometries. Pointwise\u2019s technology creates multiple mesh types to provide the level of control needed to ensure converged and accurate CFD results. In addition to automation and ease of use being paramount for the widespread adoption of CFD, it is imperative to generate sophisticated meshes that adhere to stringent accuracy requirements. Pointwise\u2019s proven technologies are used by leading organizations such as Hermeus, senseFly and ONERA to enable purpose-built mesh for applications including drag prediction and internal flows through exhaust manifolds.\n<\/p>\n

\n\u201cCadence\u2019s computational software expertise and expanding multiphysics portfolio are accelerating digital wind tunnel experimentation for the aerospace industry,\u201d said Tom Beckley, senior vice president and general manager of the Custom IC & PCB Group at Cadence. \u201cThe acquisition of Pointwise\u2019s proven CFD meshing technology catapults Cadence into a leadership position by addressing critical complexities in the analysis workflow, giving engineering teams rapid insight, predictability and high accuracy of their system design well before physical production.\u201d\n<\/p>\n

\n\u201cPointwise is dedicated to delivering industry-leading mesh generation capabilities,\u201d said John Chawner, president of Pointwise. \u201cWe are very excited to enhance Cadence\u2019s CFD strategy with our deep meshing expertise and talented team. The combined technologies of Cadence, NUMECA and Pointwise significantly expand Cadence\u2019s CFD and electromechanical analysis solutions, customer base and engineering talent.\u201d\n<\/p>\n

\nThe terms of the transaction were not disclosed. The acquisition is expected to be immaterial to revenue and earnings this year.\n<\/p>\n

About Cadence<\/b><\/p>\n

\nCadence is a pivotal leader in electronic design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world\u2019s most innovative companies, delivering extraordinary electronic products from chips to boards to systems for the most dynamic market applications, including consumer, hyperscale computing, 5G communications, automotive, mobile, aerospace, industrial and healthcare. For seven years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com<\/a>.\n<\/p>\n

About Pointwise<\/b><\/p>\n

\nPointwise is recognized as a worldwide provider of mesh generation software for computational fluid dynamics (CFD) applications. Pointwise software is used by expert analysts, primarily in aerospace, to achieve accurate representations of designs for analysis, leading to superior product quality and performance at a reduced engineering cost. Learn more at pointwise.com<\/a>.\n<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis press release contains forward-looking statements, including statements regarding the expected benefits to Cadence, its products and its customers from the acquisition and the expected timing of the closing, that are based on current expectations and preliminary assumptions that are subject to factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside Cadence\u2019s control, including the effects of the acquisition on Cadence\u2019s financial results and business, the ability to successfully operate or integrate Pointwise into Cadence, the ability to retain and integrate Pointwise employees into Cadence, the changes in customer demands and markets and other risk factors set forth in Cadence\u2019s most recent reports on Form 10-K and Form 10-Q. Cadence undertakes no obligation to update any forward-looking statement in this press release.\n<\/p>\n

\u00a9 2021 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com\/go\/trademarks<\/a> are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210415005222\/en\/<\/a><\/span><\/p>\n

\nCadence Newsroom
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408-944-7039
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newsroom@cadence.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Electronic Design Automation Semiconductor Technology Aerospace Manufacturing Software Hardware<\/p>\n

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Cadence Acquires Pointwise to Expand System Analysis Offerings Addressing CFD Meshing for Aerospace Applications Broadens expansion into multiphysics domain with market-leading computational fluid dynamics mesh generation and pre-processing technology SAN JOSE, Calif.–(BUSINESS WIRE)– Cadence Design Systems, Inc. (Nasdaq: CDNS) announced today that it has acquired Pointwise, Inc., a leader in mesh generation for computational fluid dynamics (CFD). The addition of Pointwise\u2019s technologies and experienced team supports the Cadence\u00ae Intelligent System Design\u2122 strategy and further broadens its system analysis portfolio, complementing the recently acquired NUMECA CFD technology. Together, these acquisitions will enable advanced CFD solutions where accuracy, reliability, predictability and performance are paramount for high-fidelity characterization of fluids, such as air flowing over an airplane. Pointwise\u2019s mesh generation technology addresses the … <\/p>\n

Continue reading “Cadence Acquires Pointwise to Expand System Analysis Offerings Addressing CFD Meshing for Aerospace Applications”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-476986","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCadence Acquires Pointwise to Expand System Analysis Offerings Addressing CFD Meshing for Aerospace Applications - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cadence-acquires-pointwise-to-expand-system-analysis-offerings-addressing-cfd-meshing-for-aerospace-applications\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cadence Acquires Pointwise to Expand System Analysis Offerings Addressing CFD Meshing for Aerospace Applications - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cadence Acquires Pointwise to Expand System Analysis Offerings Addressing CFD Meshing for Aerospace Applications Broadens expansion into multiphysics domain with market-leading computational fluid dynamics mesh generation and pre-processing technology SAN JOSE, Calif.–(BUSINESS WIRE)– Cadence Design Systems, Inc. (Nasdaq: CDNS) announced today that it has acquired Pointwise, Inc., a leader in mesh generation for computational fluid dynamics (CFD). The addition of Pointwise\u2019s technologies and experienced team supports the Cadence\u00ae Intelligent System Design\u2122 strategy and further broadens its system analysis portfolio, complementing the recently acquired NUMECA CFD technology. Together, these acquisitions will enable advanced CFD solutions where accuracy, reliability, predictability and performance are paramount for high-fidelity characterization of fluids, such as air flowing over an airplane. 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