Thursday, May 14, 2015
Amoeba Technologies Acquired By French Company
Austin-based Amoeba Technologies, a developer of simulation software used to simulate and analyze heat generated by electronic components, has been acquired by French company ESI Group. Financial terms of the buy were not disclosed. Amoeba was the developer of PRESTO, computation fluid dynamics software which was being applied to analyze the cooling design requirements of electronic devices. ESI said that Dr. Sanjay Mathur and Dr. Prabhu Sathyamurthy, who founded Amoeba Technologies, will join the company as a result of the acquisition.