Waterloo, Canada; 30 July 2009: Maplesoft today announced that it has signed a definitive agreement to be acquired by Cybernet Systems Co., Ltd., a Tokyo-based major Japanese importer/distributor of CAE (computer aided engineering) software. By combining the skills of two leading-edge organizations, the intent is to drive further innovation in the development and promotion of advanced math and engineering software worldwide. The acquisition is expected to be completed at the beginning of September of this year.
Cybernet recognizes the potential of Maplesoft products, and supports Maplesoft’s efforts to be a leading provider of high-performance software tools for engineering, science, and mathematics. Cybernet worked with Maplesoft for many years as a highly successful reseller of Maplesoft products in Japan, substantially growing the math and engineering customer base in both the academic and professional markets.
“We at Cybernet Systems are confident that Maplesoft will bring to us world-class technology, expertise and know-how, combined with an expanding international client base in technical calculation and physical modeling,” says Kuniaki Tanaka, President of Cybernet Systems.
Maplesoft will continue to function as a separate entity and existing Maplesoft customers will experience no change in the way they interact with Maplesoft. Customer contacts for Sales, Support and Customer Service will remain the same and Maplesoft’s products and solutions will continue along a consistent development cycle, without interruption.
“I’m pleased with the ability this partnership gives us to further advance our products and solutions,” says Jim Cooper, Maplesoft President and CEO. “With long-term support and investment from Cybernet into further research and development for our products, I am excited about the possibilities that lie ahead as we continue to develop a state-of-the-art environment that will transform the way engineers, scientists, mathematicians, educators and students use technology.”
Maplesoft is a leading provider of high-performance software tools for engineering, science, and mathematics. Its product suite reflects the philosophy that given great tools, people can do great things. Maplesoft’s core technologies include the world’s most advanced symbolic computation engine and revolutionary physical modeling techniques. Combined together, these technologies enable the creation of cutting-edge tools for design, modeling, and high-performance simulation. Maplesoft’s products help to reduce errors, shorten design times, lower costs, and improve results. The Maplesoft product suite includes Maple, the technical computing and documentation environment, and MapleSim, the high-performance, multi-domain modeling and simulation tool for physical systems.
Engineers, scientists, and mathematicians use Maplesoft products to enable them to work better, faster, and smarter. Maplesoft’s customers include Ford, BMW, Bosch, Boeing, NASA, Canadian Space Agency, Canon, Motorola, Microsoft Research, Bloomberg, and DreamWorks, covering sectors such as automotive, aerospace, electronics, defense, energy, financial services, consumer products, and entertainment. With Toyota, Maplesoft founded the Plant Modeling Consortium to promote the development of new design techniques for automotive and related industries.
About Cybernet Systems Co. Ltd.
Cybernet Systems is one of the leading providers of cutting-edge technology software solutions in technological computation fields, especially related to Computer Aided Engineering (CAE). Cybernet Systems provides software, educational services, technical support and consulting services in various businesses and application fields such as electric, transportation and precision equipment, machinery and educational and research institutes. They respond to diverse customer needs by promoting a wide range of world-class CAE software for structural, acoustic, mechanical, control system and communication systems, illumination and high-frequency circuit analyses, signal processing and optical design.
Cybernet has contracts with over 2,500 corporations, as well as a large number of governmental agencies, universities and research institutions throughout Japan. For more information, visit www.cybernet.co.jp