ARQIS has advised Indian KPIT Group on the sale of KPIT medini Technologies AG, a leading provider of systems safety analysis solutions.
The Berlin-based entity was acquired by ANSYS, a global leader and innovator of engineering simulation software. ANSYS is headquartered in the USA and employs almost 3,000 professionals.
Medini develops and markets solutions for systems safety analysis, reliability engineering and quality management. Its flagship solution, medini™ analyze, implements core functional safety analysis activities and integrates them with customers’ existing engineering workflows. Medini™ analyze provides wide support, including at the concept, system, software and hardware levels. A combined ANSYS-medini solution enables companies to have one system simulation solution for the entire product development cycle.
“This unique combination will help us to extend our reach into other sectors, including aircraft and energy, where ANSYS is strong,” said Olaf Kath, co-founder and CEO of medini. “And we will be able to work with our existing customers in the automotive industry to reduce their reliance on costly physical testing and streamline system engineering processes, while also improving the speed and success of their product development efforts.”
“We are very happy about synergy in the tools strategy for medini and ANSYS,” said KPIT CEO Kishor Patil, “KPIT will continue to focus on functional safety services and be a long-term strategic partner to medini and ANSYS.”
ARQIS advised the KPIT Group, a global technology company, for the first time. The M&A team around Dr. Jörn-Christian Schulze was recommended by goetzpartners. The corporate finance team at goetzpartners, led by Christian Muthler, managed the transaction for the KPIT Group.
Advisors for KPIT Group
ARQIS Rechtsanwälte (Düsseldorf): Dr. Jörn-Christian Schulze (Lead; M&A), Marcus Nothhelfer (IT/Software Distribution Law; Munich); Associates: Franziska Korn, Olivia Barth, Dorothea Kienzle, Patrick Schöldgen (all M&A), Dr. Philipp Maier (IT/Software Distribution Law; Munich)