The acquisitions of Strategic Simulation & Analysis Limited ("SSA") and Simuleon B.V. ("Simuleon") are in line with Addnode Group's strategy to be an international market-leading provider of software and services for simulation, design and engineering activities. SSA and Simuleon will become part of the Product Lifecycle Management (PLM) division of Addnode Group with TechniaTranscat and Intrinsys.

"SSA and Simuleon, two very successful simulation companies with specialist knowledge, will enable the Addnode PLM division to further extend its position as the knowledge leader, providing superior capabilities and service to our European and international customers. The combination of Intrinsys, TechniaTranscat and SSA/Simuleon will form the clear #1 Dassault Systèmes Value Solution partner with the most extensive experience selling, implementing and supporting the 3DEXPERIENCE platform," says Jonas Gejer, President of Addnode Group's PLM division.

SSA and Simuleon are both partners for the Dassault Systèmes SIMULIA product range and provide software, training and consulting services in Computer Aided Engineering and carry out product simulation using Finite Element Analysis (FEA) and multiphysics. SSA is located in Charlbury, England and Simuleon is located in Zaltbommel, the Netherlands. For more information please visit www.ssanalysis.co.uk and www.simuleon.com.

SSA and Simuleon will be consolidated as part of Addnode Group's PLM Division. Completion of the acquisition took place on November 30, 2018.