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ASM’s Investment in Granta Design Ltd. Generates Returns: Collaborations to Continue under New Ownership
January 25, 2019
Source: ASM International
MATERIALS PARK, OH – ASM International is excited to announce that our long standing relationship with Granta Design Ltd. has started a new chapter with the recent announcement of Granta’s acquisition by ANSYS, Inc. ANSYS, the global leader and innovator of engineering simulation software offers the best and broadest portfolio of engineering simulation software that helps solve the most complex design challenges and create products limited only by imagination.
ASM International joined Cambridge University in May of 2000 as the two initial outside investors in Granta Design. ASM International has maintained a minority ownership stake and a seat on Granta’s board since 2000. Over this period of 19 years, ASM and Granta have worked together to enhance the materials science community by developing databases and data-sets that include Alloy Center Database, Medical Materials Database, and the Alloy Phase Diagram Database, to name a few.
In 2018 ASM and Granta Design worked together to enhance and renew our long standing Collaboration Agreement that governs our intent to work together in mutually beneficial areas. It is with additional excitement that ASM can confirm that the Collaboration Agreement will stay in place and be assumed by ANSYS Inc. For ASM Membership and the materials science community as a whole, this transaction will offer new possibilities for furthering ICME, material properties data simulations, and the advancement of materials enabled Digital Twin strategies. In addition, existing ASM databases will continue to be enhanced with new materials data and features tailored for materials intensive responsibilities within product or processing corporations.
About ANSYS, Inc.
If you’ve ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you’ve used a product where ANSYS software played a critical role in its creation. ANSYS is the global leader in engineering simulation. Through our strategy of Pervasive Engineering Simulation, we help the world’s most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, ANSYS is headquartered south of Pittsburgh, Pennsylvania, U.S.A., Visit www.ansys.com for more information.
About ASM International
ASM International is a member-driven organization that serves the information needs of scientists, engineers, and technicians who develop, test, select, and apply advanced materials, including metals, composites, polymers, and ceramics. As the world's largest and most established materials information society, ASM engages and connects members to a global network of peers and provides access to trusted materials information through reference content and data, education courses, international events, and applied research. Visit www.asminternational.org for more information.