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ORANGE COUNTY BRIEFLY

Simulation Sciences

March 26, 1997|Dow Jones

BREA — Simulation Sciences Inc. said Tuesday it has agreed to acquire two privately held companies, Visual Solutions Inc. and Salumunek & Associates.

Simulation Sciences said it will acquire Visual Solutions, which provides commercial simulation software, for $1.6 million in cash and $4.6 million in stock. Terms of the Salumunek acquisition were not disclosed. Salumunek provides plant performance monitoring software and services.

Brea-based Simulation Sciences provides commercial simulation software and related services to the petroleum, petrochemical and industrial chemical process industries as well as to engineering and construction firms.

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