Dassault to Acquire IBM PLM for $600M

Also plans to become IBM Global Alliance Partner

DS and IBM have also defined the next steps in their long-standing relationship, and plan to establish DS as an IBM Global Alliance Partner and expand their services partnership.

The transaction is expected to be completed in the first half of 2010, subject to the execution of local agreements and completion of regulatory processes and applicable labor relations requirements in various countries.

While the transaction is being completed, both companies expect their existing operations, including customer service and product availability, to continue as usual. After completion of the transaction and integration of the two companies’ PLM operations, DS PLM customers will benefit from simplified engagement and support processes for DS's market-leading PLM product portfolio.

“The adoption and integration of PLM and 3D collaboration by a growing number of enterprises require deep industry knowledge," said Bernard Charlès, president and CEO of Dassault Systems. "The planned integration of the IBM sales force and related business operations represents the largest investment in our corporate history. We are putting our customers and partners first, creating a globally efficient sales organization to bring the value of V6 PLM applications to every enterprise in every industry.”

"We are reaching a new level of customer engagement built on commitment, multiindustry knowledge and high-value solutions for sustainable innovation," added Charlès. "Looking forward, the wide adoption of 3D lifelike experience and PLM will require the combination of direct sales, our network of partners and online communities."

Pursuant to the planned global alliance agreement, IBM and DS expect to continue to jointly invest in developing, deploying and supporting client PLM environments, delivering integrated PLM solutions to their clients worldwide.

The enhanced services agreement is expected to bring significant potential to the global marketplace with extended IBM resources and expertise to help transform client PLM environments, leveraging the DS V6 portfolio. Both companies are dedicated to strengthening and extending their cooperation in the areas of professional services, cloud computing, middleware, flexible financing, hardware, and sales and distribution.

"With this announcement, IBM is evolving its partnership with DS to better align our mutual strengths and better address our clients' PLM needs," said Tom Hawk, general manager, IBM Global Industrial Sector. "This transaction also helps fuel IBM's focus on PLM integration through middleware, business transformation and application services, and dynamic infrastructure."

Steve Mills, senior vice president and group executive, IBM Software Group, added: "Today's agreement positions both our companies for growth in the PLM space, allowing us to focus on our core competencies and better serve our clients. The extensive use of IBM Software platforms in the DS application portfolio will continue to make our partnership unique and valuable to our customers."

About Dassault Systems

As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Systems brings value to more than 115,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systems develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire lifecycle of products from conception to maintenance to recycling. The Dassault Systems portfolio consists of CATIA for designing the virtual product - SolidWorks for 3D mechanical design - DELMIA for virtual production - SIMULIA for virtual testing - ENOVIA for global collaborative lifecycle management, and 3DVIA for online 3D lifelike experiences. Dassault Systems’ shares are listed on Euronext Paris (#13065, DSY.PA) and Dassault Systems’ ADRs may be traded on the US Over-The-Counter (OTC) market (DASTY).

For more information, visit http://www.3ds.com.

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See Also

Dassault Systems Website
CATIA directory - by TenLinks.com
CATIA Reading Room - articles, tutorials, reviews and news, by CADdigest.com

Additional News

Jan 8 - Dassault Sponsors 5th Annual EyesOn Design Competition
Dec 16 - Russian Space Agency JSC ISS Reshetnev Uses CATIA, ENOVIA
Dec 1 - Dassault 3DVIA Composer Integrates with KineoWorks
Nov 25 - Dassault Shows Virtual Pavillion at Shanghai Expo
Nov 18 - Dassault, IBM, Panasonic Join to Develop Cooking Appliances
Nov 18 - Dassault Offers Collaborative Innovation Initiative for CPG
Nov 17 - Dassault Launches V6R2010x PLM 2.0 Platform
Nov 17 - Zaha Hadid Architects Expands Use of Gehry Digital Project
Nov 17 - Germany's STIHL Selects Dassault DELMIA Process Engineer
Nov 17 - Dassault, Sogeti Publish Digital Manufacturing Book
Nov 16 - UAE's KUSTAR to Use Dassault PLM, 3D Products
Nov 16 - DASBAT to Sell Dassault Products in Abu Dhabi
Nov 16 - SM Saudi Arabia to Sell Dassault Products
Nov 9 - Dassault, artizone Join to Support ENOVIA SmarTeam V5
Nov 5 - Dassault, India's JBM Announce Strategic Partnership
Nov 5 - Dassault Launches ENOVIA CSM High Tech PLM Platform
Oct 29 - Dassault Q3 Revenue Down 8% to 292M Euros with 39M Profit
Oct 27 - Dassault to Acquire IBM PLM for $600M
Oct 22 - CHIDI Picks Dassault PLM for Hydropower Plants
Oct 22 - Taiwan's OCU Selects Dassault 3DVIA Composer
Oct 22 - Dassault to Offer CATIA V4 R2.5 Support Until 2011
Oct 15 - Dassault to Support Phiaro Design Contest at Tokyo Show
Oct 6 - Dassault Customer Conference in Orlando Opens Today
Oct 6 - Dassault Picks blueKiwi Web 2.0 Community Platform
Oct 5 - Austria's Ars Electronica Selects Dassault 3DVIA Virtools
Sep 23 - Dassault Offers 3DVIA Mobile App for iPhone, iPod Touch
Sep 17 - Entergy Nuclear Picks Dassault CATIA, DELMIA
Aug 27 - Germany's ATG Picks Dassault DELMIA
Aug 26 - Oakland University, Dassault Join to Offer PLM Short Course
Aug 26 - Sweden's Komatsu Forest Selects Dassault 3DVIA Composer
Aug 26 - Dassault Launches Online Community for Aerospace, Defense
Aug 6 - Focus: HOPE Selects Dassault DELMIA, CATIA
Aug 4 - 3DVIA Supports COLLADA .dae Format
Jul 30 - Dassault Q2 Revenue Down 5% to 311M Euros with 26M Profit
Jul 9 - Pentair Deploys Dassault ENOVIA, Microsoft SQL Server 2005
Jul 2 - Brazil's T-Systems, Dassault Expand Automotive Partnership
Jun 29 - Renault Selects Dassault Full V6 PLM Portfolio
Jun 26 - Italy's Eldo Selects Dassault ENOVIA Apparel Accelerator
Jun 23 - Dassault Launches V6R2010 PLM Platform
Jun 23 - 3DVIA.com to Offer 'Ready-to-Use' 3D Models
Jun 22 - France's blueKiwi, Dassault Join for Social Innovation
Jun 18 - Ukraine's Antonov ASTC to Extend Use of Dassault Products
Jun 9 - 3DVIA.com Passes 100,000-Member Mark
Jun 9 - Energy Service Firm Sanjel Corp Picks SolidWorks
Jun 8 - UK Wind Energy Firm quietrevolution to Use CATIA
Jun 5 - Tata Technologies Named a 'Best Reseller' by Dassault
Jun 5 - 3DVIA Used to Create Online Shanghai World Expo
June 3 - Germany's Fraunhofer IAO to Use DELMIA
June 2 - Japan's Utsunomiya University Picks CATIA
May 28 - Dassault 3DVIA Used in Modeling for Mobi3 Program
Apr 27 - DSCC 2009 Call for Presentation Extended to April 30
Apr 16 - Dassault Expects Q1 Revenue Flat at 310M Euros
Apr 14 - Dassault Co-Sponsors SAE 2009 Opening Ceremonies
Mar 27 - Dassault India Names Andy Kalambi as President
Mar 26 - Dassault Plans 2009 Customer Conference in October, Florida
Mar 12 - Dassault Touts 'Single Digital Software Environment' at BMW
Feb 19 - Dassault Forms Strategic Alliance with Intercim
Jan 29 - 3D ContentCentral 09 Includes Array of Self Publishing Tools
Jan 26 - Jaguar Land Rover, Abbott Vascular to Speak at 09 SIMULIA
Jan 20 - Austrian Felder KG Selects Dassault 3DVIA Composer
Jan 16 - Dassault Expects Q4 Revenue Up 3% to €382M
Jan 16 - Dassault Sponsors 4th Annual EyesOn Design Competition
Jan 16 - Dassault Dominates Automotive Design
Dec 24 - Korea's STX Shipbuilding Deploys Dassault ENOVIA
Dec 17 - Brazil's Semcon/IVM Selects Dassault CATIA
Dec 17 - Japan's Kana Tech College Selects Dassault CATIA
Dec 9 - Israel's ISCAR Selects IBM, Dassault ENOVIA SmarTeam, CATIA
Dec 8 - Chanel Research, Dassault Partner for Life Sciences
Nov 26 - EADS Selects Dassault, IBM PLM Products
Nov 26 - Dassault Launches DS Design Studio
Nov 25 - Dassault Launches V6R2009x PLM Platform
Nov 12 - Bell Helicopter Standardizes on Dassault ENOVIA, CATIA
Oct 29 - Dassault Q3 Revenue Up 6% to 318M Euros with 43M Profit
Oct 29 - P&G Expands Use of ENOVIA to 'Enterprise Wide' PLM
Oct 6 - Dassault Q3 Conference Call on October 29, 10AM ET
Oct 1 - Dassault, Creaform Sign VAR Agreement for Europe
Sep 24 - Dassault, CENIT Launch NAVAL ARCHITECT for Boat Design
Sep 23 - Dassault Releases V5R19 PLM Portfolio
Sep 22 - Dassault Announces Virtual Earth-3DVIA
Sep 15 - Dassault Offers Free 3DVIA Shape 2.0 for 3D Modeling
Sep 3 - Dassault Confirms Siemens Trade Secret Violation
Jul 31 - Dassault Q2 Revenue Up 7% to 326M Euro with 42.5M Profit
Jul 9 - Dassault Renews R&D Support for K-Challenge
Jul 8 - Dassault Gets Microsoft's ISV Technology Partner Award
Jul 8 - Dassault Releases ENOVIA High Tech Accelerator
Jul 7 - Stephane Massas Joins Dassault as VP HR Europe
Jul 7 - Dassault, Sogeti Signs Industry Solution Partnership
Jul 2 - Dassault Spins Off France Sales Division to Keonys
ENOVIA Press Releases
SIMULIA Press Releases
SMARTEAM News

Source: Material used in press releases is often supplied by external sources and used as is.