Bentley Acquires FormSys to Expand SACS Offerings for Floating Structures
November 8, 2011Bentley Systems, Incorporated announced the acquisition of FormSys, based in Perth, Australia. FormSys has a proven, twenty-year track record in 3D design, analysis, and construction software for structural engineering, offshore engineering, and naval architecture.
According to the announcement, the acquisition will expand Bentley’s SACS offerings for the design and analysis of floating structures, further extending the company’s reach in the offshore energy market. SACS is an integrated finite element structural analysis suite of programs that uniquely supports the design, fabrication, installation, operations, and maintenance of offshore structures, including oil platforms and wind farms. Thirty-eight years of focus on these specialized requirements have made SACS the analysis mainstay for most of the world’s offshore engineers. FormSys brings complementary capabilities to this market leader.
CEO Greg Bentley said, “I’m pleased that we are further expanding our leadership role in deeper offshore opportunities with this acquisition. We are nowhere near the point of diminishing returns in engineering software for better-performing offshore structures – ranging from shallow water fixed oil platforms to deep water tethered wind farms – particularly as to their safety and resilience. We are mindful that ‘offshore’ makes up seventy percent of the Earth’s surface, and we would like to contribute even more toward its vital role in sustaining infrastructure.”
Said Santanu Das, Bentley vice president, Integrated Engineering, “On behalf of my colleagues at Bentley, I welcome our new team members from FormSys, many of whom are seasoned structural engineers and naval architects. In providing advanced tools for intact and damage stability as well as motions prediction for ships like FPSOs, Maxsurf from FormSys augments the powerful functionality of our SACS offerings, particularly for floating offshore structures. The acquired software adds to our broad range of flexible and scalable integrated structural analysis and design offerings, including STAAD, RAM, ProSteel, and Structural Modeler, and the strong presence of FormSys in the Japanese and Australian markets presents us with new opportunities for additional growth in these regions. Most importantly, our ongoing integration work, using the Integrated Structural Modeling methodology, will soon deliver uniquely comprehensive solutions across the fuller breadth of offshore structures.”
Said Philip Christensen, founder of FormSys, “My FormSys colleagues and I are extremely happy to be a part of the Bentley team. Our organizations share design priorities in the key areas of intuitive user interfaces, information modeling incorporating parametric design capabilities and advanced algorithms, and industry standards to promote interoperability among our own and other suppliers’ software and systems. Together we will enable more complete information modeling for all marine conditions, leading to offshore structures that are safer and more efficient to deliver and operate.”
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