Acquisition of 3D visualization software company VSG
FEI announced that it has acquired the French VSG Group (Visualization Sciences Group), the purchase price of 44.8 million euros, about $ 55 million. VSG provides high performance 3D visualization software products and tools, whose clients include oil and gas, geology,3d Architectural Visualization mining, life sciences, materials science and industrial inspection.
“Our strategy is to provide our customers with complete imaging and visualization solutions, acquisition of VSG acceleration and extension of the strategy,” said Don Kania, president and chief executive officer of the FEI. VSG products and development capabilities are a perfect fit with our target market, especially in high-growth natural resources and life sciences business.
The increasing demand of our customers imaging system to create a data analysis. At the same time, FEI intends to continue to develop the the VSG growing software business. we impressed by the solution of the VSG, including advanced 3D rendering, open application framework, object-oriented 3D databases, and powerful 3D data management capabilities.3d rendering design VSG has a strong management team and talented employees. ”
Combining with the FEI, so we increased the breadth and distribution capabilities continue to grow VSG president and CEO Jean-Bernard Cazeaux commented. “We look forward to contribute to the high-growth market opportunities for FEI, and a solid customer base in those markets, FEI, such as life sciences and natural resources, and look forward to in all FEI’s market contribute our expertise