NEWS
Tags: 

LMS completes share acquisition of Imagine

LMS has completed the acquisition of the privately held shares of Imagine, and now plans to make an offer to buy the remaining 7 per cent currently in the hands of the public.

The shareholders will be individually informed of the conditions proposed by LMS, which include a fixed acquisition price of €32 per share. Once it owns all the public shares, LMS plans to remove Imagine’s listing from the Marché Libre of Euronext Paris.

The acquisition is a move to expand LMS’s simulation software line with Imagine’s 1D multi-domain system simulation software for mechanical and mechatronic systems.

Twitter icon
Google icon
Del.icio.us icon
Digg icon
LinkedIn icon
Reddit icon
e-mail icon
Feature

For functionality and security for externalised research, software providers have turned to the cloud, writes Sophia Ktori

Feature

Robert Roe investigates the growth in cloud technology which is being driven by scientific, engineering and HPC workflows through application specific hardware

Feature

Robert Roe learns that the NASA advanced supercomputing division (NAS) is optimising energy efficiency and water usage to maximise the facility’s potential to deliver computing services to its user community

Feature

Robert Roe investigates the use of technologies in HPC that could help shape the design of future supercomputers