Today we confirm the completion of our acquisition of Optimad Engineering, a company specializing in advanced engineering solutions, Reduced Order Modelling and computational fluid dynamics (CFD). This strategic acquisition enhances our position in the simulation and analysis market and broadens our product portfolio to better serve our global customer base.
The integration of Optimad Engineering’s cutting-edge technologies with ESTECO's robust suite of digital engineering software solutions promises to offer unparalleled capabilities by combining process automation, design optimization and simulation data management with the AI data-driven technology of Optimad. By bringing together the strengths of both companies, we aim to deliver more comprehensive and innovative solutions to industries including aerospace, automotive, energy, and manufacturing.
“We’re happy to welcome Optimad Engineering to the ESTECO team - Carlo Poloni, our President, commented. - This acquisition marks a significant milestone in our 25 years of creating trailblazing digital engineering software. Specifically, Optimad Engineering’s expertise and technological advancements perfectly complement our mission to empower engineers and designers with the tools they need to innovate and excel.”
Haysam Telib, CEO of Optimad Engineering, added: “This is an exciting new chapter for Optimad Engineering. Joining forces with ESTECO will allow us to leverage their extensive resources and global reach, accelerating the development of our AI data-driven technologies and expanding our impact on the industry. Our combined efforts will provide our clients with more powerful and integrated solutions, enhancing their ability to solve complex engineering challenges.”
The unified portfolio will provide a more cohesive and streamlined experience, enabling engineers to achieve higher levels of performance and innovation. As part of the acquisition, Optimad Engineering will continue to operate from its headquarters in Turin, Italy, ensuring continuity of service for its clients. The integration process will be carefully managed to guarantee a smooth transition, with a focus on maintaining the high standards of service and support that both companies are known for.