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Friday, 17 November 2017

GE Additive buys simulation software developer GeonX


GE Additive has acquired GeonX, a privately-owned developer of simulation software.
Headquartered in Belgium, GeonX provides software for engineers when developing new products, to simulate additive manufacturing, welding, machining and heat treatment processes in various industries such as aerospace, automotive and energy.
GeonX’s simulation software tool, Virfac (short for Virtual Factory), assesses products prior to production; predicting defects, distortions and stresses and the impact manufacturing has on a product’s durability. This helps to reduce the number of prototypes built during the development phase while improving the quality and lifetime of the manufactured products. This can minimize the time to market and development costs.
“As a business, GE Additive is committed to accelerating the additive manufacturing industry. Innovative simulation software solutions like Virfac do just that by adding real value to our customers who want to speed up product design and development, while maintaining the best possible quality. We’re delighted to welcome GeonX to the GE Additive family,” said Mohammad Ehteshami, vice president and general manager, GE Additive.

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