Ansoft to Acquire SIMEC GmbH and Co. KG

July 13, 2000 by Jeff Shepard

Ansoft Corp. (Pittsburgh, PA) announced that it is acquiring SIMEC GmbH and Co. KG (Germany) and has recruited Mark Markel of General Motors (Detroit, MI) to be technical lead for its latest business venture, APT Solutions. Ansoft intends to move aggressively to tackle the automotive design services market through APS Solutions.

Mark Markel, who has been with General Motors for twelve years, commented, “The big three in automotive have moved away from engineering in favor of system integration. The combination of Ansoft's best-in-class electromagnetic software coupled with SIMEC's mixed-signal system simulation technology positions Ansoft favorably as an outsourced system integrator as well as component technologist."