GE Additive acquires simulation software developer GeonX

GE Additive announced that it has acquired GeonX, a privately-owned developer of simulation software.  Terms of the deal are not being disclosed.

Headquarted 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. Continue reading “GE Additive acquires simulation software developer GeonX”