Cadence Acquires Pointwise to Expand System Analysis Offerings Addressing CFD Meshing for Aerospace Applications

Rhea-AI Summary

Cadence Design Systems (NASDAQ: CDNS) has acquired Pointwise, a leader in mesh generation for computational fluid dynamics (CFD). This acquisition enhances Cadence's Intelligent System Design strategy by broadening its CFD capabilities alongside the recent NUMECA acquisition. Pointwise’s robust mesh generation technology addresses the aerospace industry's need for high-fidelity simulations, contributing to accurate CFD results. The financial details of the transaction remain undisclosed, but it is expected to have an immaterial impact on revenue and earnings this year.

Positive

• Acquisition expands Cadence's CFD capabilities, enhancing its Intelligent System Design strategy.
• Pointwise's technology addresses the high-growth pre-processing CFD market, particularly in the aerospace sector.
• Combined technologies of Cadence, NUMECA, and Pointwise significantly enhance customer base and engineering talent for CFD solutions.

Negative

• Financial details of the acquisition were not disclosed, creating uncertainty.
• The acquisition is expected to be immaterial to revenue and earnings this year.

Cadence Design Systems, Inc. (Nasdaq: CDNS) announced today that it has acquired Pointwise, Inc., a leader in mesh generation for computational fluid dynamics (CFD). The addition of Pointwise’s technologies and experienced team supports the Cadence^® Intelligent System Design^™ strategy and further broadens its system analysis portfolio, complementing the recently acquired NUMECA CFD technology. Together, these acquisitions will enable advanced CFD solutions where accuracy, reliability, predictability and performance are paramount for high-fidelity characterization of fluids, such as air flowing over an airplane.

Pointwise’s mesh generation technology addresses the high-growth pre-processing CFD market sub-segment. The acquisition builds on the recent NUMECA acquisition and Cadence’s innovative multiphysics products including the Clarity^™ 3D Solver for electromagnetic (EM) simulation, the Clarity 3D Transient Solver for finite difference time domain (FDTD) system-level EM simulation and the Celsius^™ Thermal Solver for electrothermal co-simulation.

Pointwise’s technology adds world-class mesh generation and pre-processing capabilities that read data from all of the leading CAD formats and export data to over 40 CAE formats. Pointwise’s core competency in robust grid generation squarely addresses the aerospace industry’s demand for high-fidelity discretization of aircraft geometries. Pointwise’s technology creates multiple mesh types to provide the level of control needed to ensure converged and accurate CFD results. In addition to automation and ease of use being paramount for the widespread adoption of CFD, it is imperative to generate sophisticated meshes that adhere to stringent accuracy requirements. Pointwise’s proven technologies are used by leading organizations such as Hermeus, senseFly and ONERA to enable purpose-built mesh for applications including drag prediction and internal flows through exhaust manifolds.

“Cadence’s computational software expertise and expanding multiphysics portfolio are accelerating digital wind tunnel experimentation for the aerospace industry,” said Tom Beckley, senior vice president and general manager of the Custom IC & PCB Group at Cadence. “The acquisition of Pointwise’s proven CFD meshing technology catapults Cadence into a leadership position by addressing critical complexities in the analysis workflow, giving engineering teams rapid insight, predictability and high accuracy of their system design well before physical production.”

“Pointwise is dedicated to delivering industry-leading mesh generation capabilities,” said John Chawner, president of Pointwise. “We are very excited to enhance Cadence’s CFD strategy with our deep meshing expertise and talented team. The combined technologies of Cadence, NUMECA and Pointwise significantly expand Cadence’s CFD and electromechanical analysis solutions, customer base and engineering talent.”

The terms of the transaction were not disclosed. The acquisition is expected to be immaterial to revenue and earnings this year.

About Cadence

Cadence is a pivotal leader in electronic design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to systems for the most dynamic market applications, including consumer, hyperscale computing, 5G communications, automotive, mobile, aerospace, industrial and healthcare. For seven years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com.

About Pointwise

Pointwise is recognized as a worldwide provider of mesh generation software for comp

FAQ

What is the strategic importance of Cadence's acquisition of Pointwise?

The acquisition enhances Cadence's CFD capabilities, supporting its Intelligent System Design strategy and addressing complexities in aerospace analysis workflows.

How does Pointwise's technology benefit Cadence Design Systems?

Pointwise's mesh generation technology improves the accuracy and reliability of CFD simulations, vital for high-fidelity analysis in various applications.

What are the expected financial impacts of the Pointwise acquisition on CDNS?

The acquisition is anticipated to have an immaterial impact on Cadence's revenue and earnings for the current year.

Which industries will benefit most from Cadence's acquisition of Pointwise?

The aerospace industry is expected to benefit significantly due to the demand for high-fidelity discretization in CFD applications.