| ANSYS and Simulation Process Integration and Design Optimization Leader Dynardo Sign Definitive Acquisition Agreement investors.ansys.com
 Headquartered in Weimar, Germany, Dynardo has more than 60 employees, with locations in Austria and the United States. An existing ANSYS partner, Dynardo develops leading-edge algorithms for optimization, uncertainty quantification, robustness, scenario variation, sensitivity analysis, simulation workflow building and data mining. Its product portfolio includes optiSLang, a leading software platform for process integration and multidisciplinary optimization. Dynardo products are successfully deployed by worldwide customers such as Bosch, ZF, Shell, Lufthansa, Infineon and ArianeGroup across industries ranging from automotive, aerospace, energy and consumer electronics.
 
 "Design space exploration and optimization is key for organizations looking to reduce development time and accelerate the evaluation of optimal product design alternatives for cost and performance," said Navin Budhiraja, vice president and general manager of cloud and platform at ANSYS. "This acquisition will accelerate ANSYS' pervasive simulation vision, advance our industry-leading platform and will enable our customers to leverage an open ecosystem approach to connect simulation and optimization throughout their product lifecycle processes."
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