e-Xstream engineering
e-Xstream engineering develops Digimat, an advanced material modeling and simulation software platform. It allows engineers to predict the nonlinear, multi-scale behavior of complex composite materials and structures, reducing the need for physical prototyping.
- CEO / Founder
- Roger Assaker (President, Design & Engineering business unit, Hexagon Manufacturing Intelligence)
- Team Size
- 51-200
- Stage
- Subsidiary
- Total Funding
- $337K
- Latest Round
- Acquired
- Key Investors
- MSC Software (part of Hexagon)
Technology & Products
Key Products
Digimat (platform for multi-scale material modeling), Digimat-MF (micro-mechanics), Digimat-MX (material exchange), Digimat-RP (reinforced plastics), Digimat-CAE (CAE interfaces)
Technological Advantage
The Digimat platform provides a comprehensive and integrated solution that covers the entire process from material development to final product performance analysis. Its acquisition by MSC and then Hexagon integrated it into a larger ecosystem of CAE tools.
Differentiation
Value Proposition
To accelerate the development of innovative and high-performance products by providing accurate simulation of composite materials, thus reducing development time and costs.
How They Differentiate
e-Xstream focuses specifically on the multi-scale modeling of composite materials, offering deep expertise and a specialized toolset in this niche, which is now integrated into the broader Hexagon simulation ecosystem.
Market & Competition
Target Customers
Engineers, material scientists, and manufacturers in industries like automotive, aerospace, and consumer goods.
Industry Verticals
Automotive, Aerospace/Defense, Industrial, Consumer Goods
Competitors
Dassault Systèmes (Abaqus), Ansys, Siemens Digital Industries Software
Growth & Milestones
Growth Metrics
The company grew from a university spin-off to a global leader in its field, leading to its acquisition.
Major Milestones
2003: Company founded., 2012: Acquired by MSC Software., 2017: Became part of Hexagon through the acquisition of MSC Software., 2022: Co-founder Roger Assaker departs to found MDsim, a health-tech spinoff., 2026: Cadence Design Systems completes ~€2.7B acquisition of Hexagon's Design & Engineering business (incl. e-Xstream/Digimat), closed Feb 23, 2026.
Notable Customers
Airbus, BMW, Solvay, Toray