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CST STUDIO SUITE includes both 3D modeling and a schematic layout tool in a shared UI, so the user isn't moving between apps to complete his design.

The main point, however, is that these are integrated into a platform with a common user interface. CST says it has more than 2000 customers across the telecommunications, defense, automotive, electronics, and medical equipment markets. CST's best-known product is arguably CST STUDIO SUITE its modules include CST MICROWAVE STUDIO (MWS), for the analysis of antennas, filters, couplers, planar and multi-layer structures CST EM STUDIO for static and low frequency electromagnetic applications CST PARTICLE STUDIO for the consistent simulation of free moving charged particles CST CABLE STUDIO for simulating signal integrity - there are a lot more, too, since the company has been creating products since 1992. Much more coming on this as I go through the reams of earnings material, but the CST is known for its full spectrum EM simulation. CST is privately held, but DS says it had revenue of about €45 million in 2015 this gives us a 5xish revenue multiple for the purchase price.

Dassault Systèmes announced its Q2 results this morning (good, acceleration expected in the second half of the year) and also said that it has agreed to acquire acquire Computer Simulation Technology AG (CST), a maker of electromagnetic and electronics simulation, for about €220 million.