Colonnade advises Engineering Animation on the sale of its EAI-Delta GmbH subsidiary to Dassault Systemes



In March 2000, Dassault Systemes S.A. (NASDAQ: DASTY) acquired EAI-DELTA GmbH, a subsidiary of Engineering Animation Inc. (NASDAQ:EAII), for $31 million.

EAI-DELTA provides software and services for customers to virtually define and simulate general manufacturing activities within the factory floor aimed at building the flexible and efficient production systems. It focuses on production process planning and engineering of manual and partially automated assembly lines, and on plant operation control such as production work plans generation, line balancing, capacity planning, time and cost tuning.

The combination of EAI-DELTA, DENEB and SAFEWORK product lines will accelerate the execution of Dassault Systèmes’ vision to address the Digital Manufacturing Market. Dassault Systemes offers an integrated suite of manufacturing software solutions to define and simulate manufacturing processes and to monitor and control the production consistently and concurrently with digital product, digital process and digital plant & resources managed through ENOVIA. The suite of applications allows development, simulation and optimization of Manufacturing activities involving human beings, robots and machine tools within the factory shop floor and Manufacturing processes for workcell, production line, up to extended enterprise production flow.

Colonnade Advisors served as financial advisor to EAI.