LMS To Acquire IMAGINE

Posted on January 5, 2007

LMS International said it has entered into an exclusive negotiation to acquire 100% of the share capital of IMAGINE, of which 7% are publicly held. IMAGINE is a France-based provider of 1-D multiphyics simulation solutions for mechanical and mechatronic systems. Through the acquisition, LMS extends its current solutions portfolio for functional performance simulation and physical testing, delivering a complete set of applications to model, simulate and test the real-life behavior of mechanical and mechatronic systems.

As soon as the contemplated acquisition of the shares of the private shareholders will be completed, LMS intends to make a public offer to buy all shares of IMAGINE which are publicly held and to request the delisting of the latter from the Marché Libre of Euronext Paris

Since its inception in 1986, IMAGINE has been active in the development of mechatronic and control systems simulation systems. The AMESim software suite offers a 1-D virtual system analysis platform that allows users to model multi-domain mechatronic systems and to simulate their multi-physics performance. Typical applications include the engineering of engine valve train or injection systems, vehicle safety systems, and a wide range of hydraulic and pneumatic components such as pumps, compressors and actuators.

“The acquisition of IMAGINE with its leading solutions for mechatronic systems simulation represents a major milestone in expanding the leadership of LMS in intelligent system simulation,” said Dr. Urbain Vandeurzen, chairman and CEO of LMS. “Through the acquisition, we can deliver a unique combination of 3-D system simulation and 1-D mechatronic system
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