Leuven, Belgium, August 24, 2011 -
LMS International, the leading partner in test and mechatronic
simulation today announced that it has acquired a 60% controlling
majority position of SAMTECH, the Liège-based European provider of
Computer Aided Engineering and structure analysis software. Under the
leadership of Eric Carnoy as CEO, LMS SAMTECH will become the centre of
the worldwide aerospace simulation business in the LMS Group. Including
SAMTECH, LMS projects for 2011 combined revenues of 175 Million Euros or
approximately 250 Million Dollars, and employs 1150 people over 35
countries.
Founded in 1986 as a spin-off of the
Aerospace Laboratory of University of Liège, SAMTECH develops and
markets the general-purpose Finite Element Analysis (FEA) code SAMCEF,
the Multi-Disciplinary Optimization platform BOSS quattro and the Open
Integration Framework CAESAM. These core engineering software tools
combined with Professional Applications answer to a wide range of
industrial needs from the preliminary phases of design to the most
advanced verification analyses. The software technology of SAMTECH has
an unsurpassed reputation for its quality and reliability. It has been
adopted by many major companies across all engineering disciplines as an
integral part of their design process.
During the last twenty five years, the
company has developed its aerospace and defense foundation (with
AIRBUS, EADS, SNECMA SAFRAN Group, EUROCOPTER, ALENIA Aeronautica,
THALES ALENIA Space, ONERA, SABCA, SONACA, TECHSPACEAERO, ESA, CNES,
...). More recently, important product diversifications were also
started in the automotive sector (with TOYOTA Motor Corporation, PSA,
RENAULT, DAIMLER ...), in wind energy sector (for example with ALSTOM,
REpower, AREVA ...) or in mechanical engineering...
For Dr. Urbain Vandeurzen, Chairman and CEO of LMS International,
the involvement of LMS in SAMTECH is a strategic next step in LMS'
ambition to be the undisputed leader in Test, Mechatronic Simulation
and, through SAMTECH, in Advanced Structures Analysis. The goal is to
become the preferred engineering innovation partner for the leading Top
Fortune 500 manufacturers in the automotive, aerospace and other
advanced manufacturing industries; “LMS is truly unique in
delivering mission-critical software and advanced engineering services
for product innovation to the advanced high-tech mechanical and
mechatronic industries. LMS combines hardware and software platforms for
advanced testing with most complete 1D and 3D platforms for realistic
mechatronic simulation and, with the help of SAMTECH, for advanced
structure analysis. These solutions enable our customers to take full
advantage of the emerging model-based system engineering approach, and
to win by superior product innovation. We truly empower our customers by
business transformation and next generation processes to develop more
attractive, sustainable and smart products.”
Over the past years, SAMTECH has
enjoyed healthy double digit growth year after year, and has developed
an undisputed leadership position for 3D simulation in the European
aerospace industries. The worldwide global presence of LMS and its
strong references across all high-end mechanical industries can further
accelerate the deployment of SAMTECH's innovative software in Asia and
the Americas. LMS and SAMTECH joining forces creates a win-win
opportunity for joint customers across aerospace, automotive and other
high-tech industries.
“Building on our outstanding
results in 2010, 2011 will become an absolute record year in LMS'
history with another year of 20% growth in revenues and record profits
forecasted. With the addition of SAMTECH, LMS will be able to double its
2009 business level over a period of maximum 4 years.” Added Urbain Vandeurzen.
Freddy Meurs, Deputy General Manager of Meusinvest and Michel Tilmant, former SAMTECH Board President, "After
a thorough review of all strategic alternatives the SAMTECH Board of
Directors has approved the decision to join LMS. This is truly a unique
fit for the international development of SAMTECH, representing excellent
opportunities for our customers, staff and shareholders. The
international sales network of LMS in Europe, in the Americas and Asia
will boost the promotion and the sales capacity of SAMTECH's software
and services business within all the key aerospace clients worldwide.
Both companies have the same drive for innovation and growth. The fact
that SAMTECH Liège will become the world centre for all further
aerospace simulation business of the LMS Group activities is a sign of
trust in the combined talent, competences and technologies of the
SAMTECH team. We are looking forward to this next stage in the company's
successful development.”
For Dr Eric Carnoy, CEO of LMS SAMTECH; “The
powerful complementary between SAMTECH and LMS will greatly extend the
SAMTECH leading company position in structural analysis, including
linear and non-linear CAE simulation, structural optimization and
coupled multiphysics. The unique combination of SAMTECH's simulation
solutions with the LMS hybrid engineering portfolio creates tremendous
value for really all manufacturing companies.”
Together with SAMTECH, LMS becomes the
first and the only provider in the industry to deliver a full and
unique portfolio of test, mechatronic simulation and advanced structure
analysis solutions for model-based system engineering, using 1D- and 3D
simulation and supporting all phases of product development – from the
concept to the detailed design stages, through the final refinement and
physical prototype validation stages. With the unique combined
strategies of LMS and SAMTECH, manufacturing companies can realize
significant strategic competitive advantages.
About LMS
LMS, the leading partner in test and mechatronic simulation in the automotive, aerospace and other advanced manufacturing industries, helps customers get better products to market faster. With a unique combination of mechatronic simulation software, testing systems and engineering services, LMS tunes into mission critical engineering attributes, ranging from system dynamics, structural integrity and sound quality to durability, safety and power consumption. With multi-domain and mechatronic simulation solutions, LMS addresses complex engineering challenges associated with intelligent system design and model-based systems engineering. More than 1150 LMS professionals serve over 5000 manufacturing companies worldwide.
About LMS
LMS, the leading partner in test and mechatronic simulation in the automotive, aerospace and other advanced manufacturing industries, helps customers get better products to market faster. With a unique combination of mechatronic simulation software, testing systems and engineering services, LMS tunes into mission critical engineering attributes, ranging from system dynamics, structural integrity and sound quality to durability, safety and power consumption. With multi-domain and mechatronic simulation solutions, LMS addresses complex engineering challenges associated with intelligent system design and model-based systems engineering. More than 1150 LMS professionals serve over 5000 manufacturing companies worldwide.
About LMS SAMTECH
Over the last 25 years, SAMTECH software packages have been recognized by engineering departments and leading industries worldwide to be the reference in the linear and non-linear mechanical simulation world. SAMTECH is a major player in the Computer Aided Engineering (CAE) software industry and is the editor of the Finite Element Analysis (FEA) software SAMCEF, the first simulation software editor to efficiently mix Finite Elements (FEA) and Multi Body Simulation (MBS) techniques. The SAMTECH offer ranges from classical linear Finite Elements Analysis to advanced non-linear applications, thermal analysis and multi-disciplinary optimization. SAMTECH offers software platforms that encapsulate in a common Graphical Interface customers simulation processes and their own tools.LMS Press Contacts:
Over the last 25 years, SAMTECH software packages have been recognized by engineering departments and leading industries worldwide to be the reference in the linear and non-linear mechanical simulation world. SAMTECH is a major player in the Computer Aided Engineering (CAE) software industry and is the editor of the Finite Element Analysis (FEA) software SAMCEF, the first simulation software editor to efficiently mix Finite Elements (FEA) and Multi Body Simulation (MBS) techniques. The SAMTECH offer ranges from classical linear Finite Elements Analysis to advanced non-linear applications, thermal analysis and multi-disciplinary optimization. SAMTECH offers software platforms that encapsulate in a common Graphical Interface customers simulation processes and their own tools.LMS Press Contacts:
Press Contacts:
Peter VandeborneVice-President Marketing and Corporate Communication
LMS International
Eva MoysanLMS International
Communication and Marketing Manager
LMS SAMTECH
