Pittsburgh-based Ansys, an engineering simulation company, recently agreed to purchase Zemax, a high-performance optical imaging system simulation company, from EQT Private Equity.
The purchase allows Ansys to expand its offerings by adding solutions for simulating next-generation optical and photonics products.
“Zemax has been a leader in optical simulation since our founding 30 years ago,” S. Subbiah, Zemax CEO, said. “Our mission is enabling customers to design sophisticated optical products and bring them to market faster. By joining forces with Ansys, we will quickly deliver Zemax’s gold-standard imaging products to a wider audience and have an even greater impact on optical product development. It is a winning combination for our customers and for Ansys users across the globe.”
Solutions include photonics-enabled circuits, precision vision systems and system-level illumination. They are used in product such as autonomous vehicles, aerospace and defense applications, machine-vision cameras and robotic surgery-assist systems.
The deal is forecasted to close during the fourth quarter and is subject to customary closing conditions and regulatory approval.
The purchase is not expected to significantly impact Ansys’ 2021 financial results.
Zemax is based in Kirkland, Wash., and is approximately 30 years old. It works with customers in multiple global industries and employs more than 100 people worldwide.