Solvay Ventures Finalizes Divestment of MultiMechanics to Siemens

December 09 2019

Solvay Ventures, the Venture Capital fund of Solvay, acquired its portfolio company, MultiMechanics, by Siemens. The integration of MultiMechanics virtual testing software, TRUE Multiscale technology, into Siemens’ Simcenter 3D is a new step for the automotive and aerospace industry to adopt advanced materials for a cleaner mobility.

“The strategic partnership with Solvay was key to the success of the company. Working hand-in-hand with its Composite Materials division for many years enabled MultiMechanics to improve materials, tailor them to market needs and bring them to the Solvay network,” said Flavio Souza, CTO of MultiMechanics.

The multi-year partnership with MultiMechanics enables to accelerate the development of Solvay’s pipeline of high performance polymer and composite materials for the aerospace and automotive industries while decreasing development costs drastically.

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