GE Additive acquires GeonX to strengthen software simulation capabilities

GE Additive has acquired GeonX, a privately owned developer of simulation software. Terms of the deal are not being disclosed. Headquartered in Belgium, GeonX provides software for engineers developing new products, to simulate additive manufacturing, welding, machining and heat treatment processes in various industries such as aerospace, automotive and energy.

GeonX’s simulation software tool Virfac (short for Virtual Factory) assesses products prior to production, predicting defects, distortions and stresses, and the impact manufacturing has on a product’s durability. This helps to reduce the number of prototypes built during the development phase, while improving the quality and lifetime of the manufactured products.

Mohammad Ehteshami, VP and GM of GE Additive, said, “As a business, GE Additive is committed to accelerating the additive manufacturing industry. Innovative simulation software solutions like Virfac do just that by adding real value to our customers who want to speed up product design and development, while maintaining the best possible quality. We’re delighted to welcome GeonX to the GE Additive family.”

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.”

For many years, GE has been an end user and innovator in the additive manufacturing space. In addition to the $1.4 billion investment in Concept Laser and Arcam, GE has also invested approximately $1.5 billion in manufacturing and additive technologies over the past 10 years, developed additive applications across all GE businesses, created new services applications across the company and earned hundreds of patents in material science. In 2016, the company established GE Additive to become a leading supplier of additive technology, materials and services for industries and businesses worldwide.

Image: Pictured from left to right are Michel Delanaye, co-founder and CEO, GeonX; Mohammad Ehteshami, VP and GM, GE Additive; Laurent D'Alvise co-founder and CEO, GeonX.