Skip to main content
| News

Gamma Technologies acquires ProFEMAG portfolio

18.11.2022

The Basel-based firm ProFEMAG AG has sold its FEMAG software for electrical machine applications to Gamma Technologies. The company based in the US State of Illinois is now planning to establish a Global Center of Excellence for electrical machines in Basel.

Gamma Technologies (GT) is acquiring the FEMAG software portfolio. FEMAG is an electromagnetic simulation solution for electrical machines based on the physical finite element method. It has been continually further developed and enhanced by ProFEMAG AG and Semafor Informatik und Energie AG, which are both based in Basel. The project was first launched at the Institute of Electrical Machines at the Swiss Federal Institute of Technology in Zurich (ETH) in 1982.

FEMAG technologies have been integrated in the GT-SUITE system simulation platform from Gamma Technologies. They facilitate “a complete design solution for batteries, electric drives and power electronics”, explains Dimple Shah, GT President and CEO, in a press release issued by his company.

Global Center of Excellence in Basel

“The tight integration of our solutions into the GT-SUITE system simulation platform has opened new possibilities for the engineering community”, comments Walter Egli, CEO of ProFEMAG, in the press release, before adding that GT’s culture of innovation “provides an excellent home for FEMAG technologies and people”.  According to Dr. Ronald Tanner, CTO of Semafor, this “next chapter with GT” will enable the company “to accelerate the pace of development”.

For future cooperation with ProFEMAG and Semafor, GT plans to set up a Global Center of Excellence in Basel. This will be an innovation hub for the research, development and deployment of multiphysics simulation technologies for the next generation of high-efficiency electric machine applications. The investment and innovation promotion agency Basel Area Business & Innovation will be supporting this project.

Share this article

Sign up to receive our newsletter in your inbox.

You may also be interested in

Advanced Manufacturing/AI, Basel Area Business & Innovation, Innovation, Invest, Sustainability

KUORI developing biodegradable plastics

The Basel-based cleantech company KUORI GmbH develops alternative materials for conventional plastics. The aim is to reduce the accumulation of...

Read More
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Cell and gene therapies gain momentum in Basel

Companies specializing in the research and development of innovative cell and gene therapies continue to spring up all around the...

Read More
BLKB expanding support for startups
Basel Area Business & Innovation, Innovation, Invest

BLKB expanding support for startups

BLKB offers particularly promising SMEs and startups financial support within the framework of the “100 fürs Baselbiet” program. These companies...

Read More
Combatting the rise of antimicrobial resistance
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Combatting the rise of antimicrobial resistance

Antimicrobial resistance (AMR) is a growing global threat that, without intervention, could lead to as many as 10 million deaths...

Read More
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

AMR Action Fund invests in new antibiotics developed by BioVersys

The AMR Action Fund has made its first European investment in BioVersys, which is headquartered at Tech Park Basel. The...

Read More
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Investors give Resistell 8.5 million Swiss francs

Resistell AG has secured 8.5 million Swiss francs in the first part of its series B funding round. The biotechnology...

Read More
1 2 3 60

Do you have a question? We'd like to hear from you.