AB Dynamics announces key acquisition
- 26 September 2022
- Posted by: Alan Feldberg
- Category: News
AB Dynamics has acquired Ansible Motion, a leading provider of advanced simulators to the global automotive market.
The acquisition was for a total fee of £31.2m, which comprises a £19.2m initial consideration and a £12m payment subject to meeting certain performance criteria.
Ansible Motion will now become part of the Group’s simulation portfolio supplying advanced simulation products and services to the automotive and motorsport industries. It will sit alongside the newly formed AB Simulation division and rFpro, which was acquired in 2019.
Dan Clark, managing director of AB Simulation, said: “We are delighted to welcome Ansible Motion onboard. It is a well-established, successful business that has an outstanding reputation for driving simulator solutions. Ansible Motion’s product offering complements our own range and creates a comprehensive family of simulator solutions. We are now positioned to be market leaders in the sector.”
Kia Cammaerts, technical director of Ansible Motion, said: “AB Dynamics’ acquisition of Ansible Motion marks an exciting and pivotal moment, and we are delighted to become a part of the AB Dynamics family. It’s a remarkable fit. Both companies have always shared a common vision: to provide superlative tools for automotive product development work.
“Now, we’ll be joining forces to better serve automotive customers worldwide, with broader and deeper offerings. Ansible Motion will continue to focus on the development of the world’s most immersive Driver-in-the-Loop simulation technologies, propelled further by the business and technical expertise of one of the world’s most trusted suppliers of automotive test systems and services.”