CST and SimLab Sign Participation and Cooperation Agreement
Darmstadt, Germany, and Munich, Germany, July 9th 2007 - Computer Simulation Technology GmbH (CST), and SimLab Software GmbH (SimLab) today announce the signing of a participation and cooperation agreement. By this agreement: CST has acquired a stake in SimLab; joint research and development activities will become more intense; and the two companies will work together more closely in the area of sales and marketing. Design engineers interested in SI/PI and EMC/EMI effects will profit from this cooperation through increased intensity in SimLab’s product development and support. In addition, the agreement will facilitate the smooth integration of SimLab’s cutting edge tools with CST’s full wave analysis. SimLab’s extensive know-how in the EMC market complements CST’s expertise in the 3D EM simulation market. SimLabs flagship tools are PCBMod, for the analysis of electromagnetic effects on printed circuit boards, and CableMod, for the simulation of signal integrity and EMC effects of complex cable harnesses. “CST’s financial investment will help SimLab reinforce its efforts in R&D and sales,” said Florian Glaser, Managing Director, SimLab. “We are looking forward to working very closely with the CST team to further improve our products capabilities. In particular, this will enable us to meet the continuously growing demands from the industrial EMC market. Through this agreement, SimLab will benefit from greater visibility which in turn will accelerate expansion within the US and Asia.” “SimLab has great products and a dynamic R&D team,” commented Bernhard Wagner, Managing Director, CST. “We have noticed a strong increase in demand for our 3D EM tools from the EMC market and have recognized the necessity for an extended range of products to truly satisfy our customers’ needs in EMC simulation.”