Virfac software can help to assess additive manufacturing prototype issues for enhanced product durability.

GE Additive, the digital industrial company, announced that it has acquired GeonX, a firm that specializes in virtual manufacturing and simulation software.

GeonX is headquartered in Belgium. It is known for its Virfac simulation software tool which helps engineers to assess their products before going into production. The company’s software is being used by engineers who develop additive manufacturing products, welding as well as heat treatment processes across industries such as aerospace, automotive as well as the energy sector.

Virfac, which stands for Virtual Factory, helps to assess product predicting defects, distortions and stresses. It can also predict what impact the manufacturing process can have on a product’s durability.

Virfac Speeds Up Development Time, Reduces Costs

Essentially, the software aims to reduce the number of prototypes engineers have to build in order to create a quality, durable product. The advantage is that development time and cost are significantly reduced. According to GE Additive, Virfac will be a valuable addition for its clients.

Terms of the deal were not disclosed and it is not entirely clear if GeonX will continue to function as a separate company or will be fused with GE Additive.

Laurent D’Alvise and Michel Delanaye, Co-founders and CEOs, GeonX, said: “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.”

The acquisition follows a series of investments made by GE Additive including a $1.4 billion investment in Concept Laser, a German metal printing company and Arcam, the Additive Manufacturing for Implants and Aerospace firm.

In addition, GE Additive has invested around $1.5 billion into manufacturing and additive technologies over the last 10 years and developed additive applications for its GE businesses. The company holds hundreds of material science patents. GE Additive was established in 2016 to become a leading player in supplying additive technology, materials, and services globally.

(Source: Press Release)