ESI: acquisition Presto – Capital.fr

(AOF) – Courses – News ESI Group announced the acquisition of Presto, developed by AMOEBA society and specially adapted to the electronics industry. The purchase of this product will allow the group to expand its positioning focused and specific to a particular segment of the numerical simulation of fluid dynamics market and, specifically, the buoyant cooling in the field of electronics, by taking advantage of the initial portfolio of prestigious clients Presto.

Apple, Amazon (Lab123) and Qualcomm are among the first industrial users to adopt this software, which helps to establish the product’s reputation in the market. On the services side, Google, Mobile MagicLeap and VSN are also among the first customers

The specialist in virtual prototyping will host the two co-founders of the company, two top scientists. Dr. Sanjay Mathur and Dr. Prabhu Sathyamurthy, which enjoy an international reputation in the field of numerical simulation and the specific application for the electronics industry of the fluid dynamics.

This should have an effect short-term accretive because this software is already generating revenues at the start of its commercial activity, currently limited to the United States. ESI Group intends to promote actively around the world.