Exton-based Analytical Graphics Inc., which makes mission simulations that warn satellite operators of possible collisions of their products with burned-out rockets and other space debris, is being acquired by Ansys for $700 million, writes Joseph DiStefano for The Philadelphia Inquirer.

Based in Canonsburg, a suburb of Pittsburgh, Ansys develops and markets engineering simulation software for product design, testing, and operation and boasts $1.5 billion in annual sales. AGI has $80 million in annual sales. Both companies have U.S. military, intelligence, space, and commercial customers.

AGI is headed by chief executive Paul Graziani, who started the company three decades ago with a group of former colleagues from General Electric’s satellite and missile center. The company employs 221 people, all of whom will keep their jobs. The company will also remain at its current Exton location as an Ansys unit.

“In the three decades since our founding, we have continuously invested in our technology to create and advance digital mission engineering,” said Graziani. “We are thrilled to become part of Ansys, so we can dramatically extend the reach of our world-class products and help more customers accomplish their critical missions.”

AGI’s system warns space users faster and more accurately than the U.S. military system because it combines data from more sources.

Read more about AGI in The Philadelphia Inquirer here.

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