Today Vela Software announced that it has acquired Tecplot, a leading provider of fluid dynamics visualization and analysis software for engineers and scientists in the aerospace and oil & gas vertical markets.
Mike Peery and I are delighted that we can place the company that we have grown and nurtured for 35 years into the strong hands of Vela,” said Don Roberts, co-founder of Tecplot. “Their expertise in growing software companies gives Tecplot a solid foundation upon which it can build into the future.”
Tecplot, founded in 1981, develops, designs, and sells a variety of Computational Fluid Dynamics (CFD) post-processing solutions used by tens-of-thousands of engineers and scientists worldwide to help them unlock insights from complex data via visual analysis. Tecplot’s core product suite includes the 360 and RS solutions. Tecplot 360 enables aerospace engineers and scientists to effectively plot CFD data, analyze complex solutions, arrange multiple layouts, and communicate output effectively in order to enhance aerodynamic design. Tecplot RS gives oil & gas engineers the ability to manage and analyze simulation data, uncover knowledge about reservoir model behavior, and gain confidence in making crucial decisions.
“We are excited to enter the aerospace and oil & gas vertical markets with the acquisition of Tecplot and we welcome their employees and customers to the CSI family,” said John Billowits, CEO of Vela. “We look forward to working with the Tecplot team to continue to build on their innovative industry-leading visual data analysis solutions.”