Fast Solvers Technologies GmbH (FaSoTec) was founded in December 2000 as spin-off company of GMD/SCAI. The purpose of FaSoTec is the marketing, sales and support of advanced numerical solvers developed at the Institute SCAI of former GMD, now Fraunhofer Gesellschaft. Currently the FaSoTec activities concentrate on the SAMG code, the product-quality implementation of the Algebraic Multigrid (AMG) technology.

The SAMG code is now marketed exclusively by Fraunhofer Institute SCAI. For further information see