GE Additive acquires GeonX for enhanced software simulation capabilities
November 17, 2017
GE Additive has announced its acquisition of GeonX, a privately-owned developer of simulation software. Headquarted in Belgium, GeonX provides simulation software for Additive Manufacturing, welding, machining and heat treatment processes in various industries such as aerospace, automotive and energy.
GeonX’s simulation software tool, Virfac®, 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 is said to have the potential to minimise time to market and development costs.
Mohammad Ehteshami, Vice President and General Manager, GE Additive, stated, “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.”
Laurent D’Alvise and Michel Delanaye, Co-founders and CEOs, GeonX, added, “GE Additive is the innovator in the Additive Manufacturing sector and we’re thrilled to join the team. Software is of course integral to digital transformation, so we are equally excited to be part of GE’s Digital Industrial journey.”
