PRODUCTS, ENGINEERING TECH
PR Newswire | May 18, 2023
Ansys, the global leader and innovator of engineering simulation software, announced today that it has entered into a definitive agreement to acquire Diakopto. A provider of differentiated EDA solutions to accelerate integrated circuit (IC) development, Diakopto focuses on helping resolve critical issues caused by layout parasitics. The transaction is subject to the satisfaction of customary closing conditions and is expected to close in the second quarter of 2023. It is not expected to have a material impact on Ansys' consolidated financial statements in 2023.
Diakopto develops products that address the growing complexities and unintended effects of designing ICs in the modern era. Semiconductor designs increasingly employ advanced process node technologies, where interconnect parasitic effects limit the performance, reliability, and functionality of designs. Diakopto's market-leading products have been adopted by dozens of customers, including tier-one semiconductor companies, for a broad range of applications.
With the acquisition, Ansys will better enable design engineers to "shift left," and to detect interconnect parasitic problems early in the design cycle. Diakopto's products provide actionable analytics to guide designers to fix these problems – a capability that has not existed before. Through early identification and what-if analysis of parasitic problems, engineers can minimize costly iterations late in the design cycle – furthering cost and time savings.
"Diakopto's culture of strong engineering excellence and its innovative and highly differentiated products create a natural alignment with our organization. We are eager to welcome their team to the Ansys family," said Shane Emswiler, senior vice president of products at Ansys. "Incorporating Diakopto's unique methodology will support designers using Ansys to quickly and easily pinpoint the few elements, out of billions, causing bottlenecks. Designers can then optimize and debug designs more efficiently for enhanced IC performance and reliability, and accelerate time to market. The acquisition will complement Ansys' existing offerings for engineers at every level as Diakopto's intuitive and out-of-the-box experience doesn't require extensive training or complicated setups or configurations."
"Today's announcement brings together two like-minded companies on the forefront of innovation, and we are excited about becoming part of the Ansys family," said Maxim Ershov, CEO and CTO at Diakopto. "By joining forces with Ansys, we're confident that we can solve a broader set of problems in the chip design workflow together, strengthening offerings for our customers and driving more innovations in high-tech designs for data center, 5G, automotive, and mobile applications."
When visionary companies need to know how their world-changing ideas will perform, they close the gap between design and reality with Ansys simulation. For more than 50 years, Ansys software has enabled innovators across industries to push boundaries by using the predictive power of simulation. From sustainable transportation to advanced semiconductors, from satellite systems to life-saving medical devices, the next great leaps in human advancement will be powered by Ansys.
Core & Main | March 09, 2023
Core & Main, a leading distributor of water, storm drainage, wastewater, and fire protection products recently completed its acquisition of Landscape & Construction Supplies, LLC. As previously announced, all assets of Landscape & Construction Supplies will now be a part of Core & Main. With the completion of the acquisition of Landscape & Construction Supplies, Core & Main is set to enhance their market position by expanding their product offerings and services. The acquisition provides Core & Main with access to a wider range of high-quality products, including silt fence, erosion control products, and geosynthetics.
Landscape & Construction Supplies with two locations in Chicago’s metropolitan area is a full-service provider of geosynthetics products. Since 2004, Landscape & Construction Supplies has built a reputation as a top provider of silt fences, as well as geosynthetics, erosion control products, and drainage materials. Their products and services are available for customers in more than 15 states. Their steady commitment to quality and innovation has made them a go-to supplier of geosynthetics, erosion control products, and drainage materials for contractors, engineers, and municipalities alike.
Steve LeClair, Chief Executive Officer of Core & Main, stated, “The acquisition of Landscape & Construction Supplies allows Core & Main to expand our existing geosynthetics and erosion control product offering to our customers in the upper Midwest through the expertise and experience of this established and well-regarded company.”
(Source – Business Wire)
Brad Cowles, President of Core & Main, remarked, “We are pleased to welcome the Landscape & Construction Supplies associates into the Core & Main family.” He further added, "Their team’s breadth of knowledge and strong local relationships will strengthen our ability to serve our combined customer base in the region."
(Source – Business Wire)
About Core & Main
Core & Main, founded in 2017 and headquartered in St. Louis, MO, is a major national distributor serving municipal, non-residential, and residential end markets for water, wastewater, storm drainage, and fire prevention products and services. They have over 300 locations throughout the country, allowing them to provide their customers with local expertise and a reliable supply network.
ENGINEERING TECH, CONSTRUCTION
PR Newswire | June 01, 2023
Aurigo Software, the leading provider of capital planning and construction management software for infrastructure and private owners, is partnering with the University of Florida's Department of Mechanical and Aerospace Engineering to develop a revolutionary system for underwater surveying, mapping, and inspection, provisionally named Bathydrone.
The current process to gather data for new underwater construction or the inspection of existing assets such as bridges, docks, and levees consists of manual surveying from divers or survey sensors mounted to a boat. With the new, safer, and more efficient Bathydrone system, a drone drags a small vessel on the water's surface, eliminating the need for manual surveying. The vessel is equipped with a COTS sonar unit mounted on its bottom. The sonar unit has down-scan, side-scan, and chirp capabilities and logs data onboard the console, which is located inside the hull. Data can then be retrieved post-mission from the console and plotted in various ways.
"We are excited to be working on this groundbreaking technology with the team at the University of Florida," said Balaji Sreenivasan, CEO and founder of Aurigo Software. "The Bathydrone system will vastly expand the possibilities for underwater endeavors while providing a cheaper, safer, and more eco-friendly alternative for our customers."
Not only is data collected more easily, but the technology can also be operated remotely and autonomously using AI navigation software to overcome obstacles in or under the water, creating a faster and cheaper solution. The system will also integrate with Aurigo's Masterworks Cloud Platform to properly store and categorize project data and route any inspections or other results for approval or further action.
Additional Bathydrone differentiators include:
Fully battery-operated and better for the environment—no fuel or loud noise
Lightweight and easily transportable
Does not require a dock or boat ramp to get in the water
Able to be deployed in a wide variety of water systems, including shallow water and rivers with strong currents
Able to survey a large area on a single charge
"This project supports our department's mission to conduct state-of-the-art research to advance science and technology," said Peter Ijfu, University of Florida's Mechanical and Aerospace Engineering Excellence Term Professor and Associate Chair of Faculty Affairs. "This pioneering approach to underwater surveying and mapping has multiple real-world applications that are not currently commercially available."
Aurigo will work closely with the Department of Mechanical and Aerospace Engineering's staff and students to bring this leading-edge solution to the infrastructure market in the next 12 to 18 months.
About Aurigo Software
Aurigo builds software that helps build the world. Aurigo provides modern, cloud-based solutions for capital infrastructure and private owners to help them plan with confidence, build with quality, and maintain their assets efficiently. With more than $300b of capital programs under management, Aurigo's solutions are trusted by over 300 customers in transportation, water and utilities, healthcare, higher education, and the government on over 40,000 projects across North America. Aurigo helps capital program executives make better decisions based on proprietary artificial intelligence and machine learning technology. Aurigo is a privately held US corporation headquartered in Austin, Texas, with global offices in Canada and India. Learn more at www.aurigo.com.
About the University of Florida
The University of Florida is a major, public, comprehensive, land-grant, research university. The state's oldest and most comprehensive university, UF is among the nation's most academically diverse public universities. UF traces its beginnings to a small seminary in 1853. It opened its doors in Gainesville in 1906 with 102 students. Today, it is one of the most comprehensive and academically diverse universities in the nation, with an enrollment of some 52,000 students annually. UF is home to 16 colleges and more than 170 research centers and institutes and UF offers nearly 300 graduate degree programs. Only five other universities nationwide have as many programs of study on one campus as the University of Florida.