Realis Simulation announced as the new name for Ricardo Software
Further to the communication in August 2022, we are pleased to announce Realis Simulation as the new name for Ricardo Software following the purchase from Ricardo plc by FOG Software Group, a division of Constellation Software Inc. based in Toronto, Canada.
This applies to Ricardo Software only; all other parts of Ricardo plc remain unchanged.
All the trusted Ricardo Software products remain in the portfolio and will be rebranded as Realis over the coming weeks and all of Ricardo Software’s technology experts have now transferred to Realis Simulation to continue delivering simulation software to the world’s leading transport manufacturers and suppliers for propulsion and transmission design. With industry trusted, class leading products such as VECTIS, WAVE and WAVE-RT as well as emerging tools including IGNITE, focused on the design and modelling of complete systems such as battery electric and alternative fuel vehicles, Realis Simulation is poised to support customers today and through the transition from internal combustion to carbon neutral transportation.
Our mission is to continue enabling expert design engineers to model propulsion technologies fit for the future. Realis engineering analysis tools deliver rapid results for fluids, structures and systems which empower our customers to address the planet’s biggest transport decarbonisation challenges. Based on nearly 30 years of software expertise, Realis focuses on delivering highly tailored tools to provide fast, repeatable and predictive results across existing and emerging technologies.
Chris Hopper, Managing Director, Realis Simulation describes the new branding and ownership as: "An exciting development for both the business and our customers. The new brand paves the way for exciting opportunities ahead to support customers today and in the future, through the transition from internal combustion engines to lower carbon transportation solutions."
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About FOG Software Group a Division of Constellation Software Inc.
FOG Software Group is the home to Constellation Software’s science, technology, engineering, and mathematics portfolio. Constellation Software is a leading provider of software and services to a select group of public and private sector markets. We acquire, manage and build industry specific software businesses which provide specialized, mission-critical software solutions that address the particular needs of our customers.
Our businesses continuously develop innovative solutions that enable our customers to achieve their objectives. With over 125,000 customers in over 100 countries and a proven track record of solid growth, we’re establishing a broad portfolio of software businesses to provide our customers and shareholders with exceptional returns.