Dassault Systemes Completes Merger with MatrixOne

By DE Editors

Dassault Systemes (DS; Paris, France) announced yesterday it had completed the acquisition of MatrixOne Inc.(Westford, MA), a provider of collaborative PLM solutions, for anall-cash purchase price of $410 million. That amount does not reflectcash balances or estimated tax benefits.

“MatrixOne brings key assets to DS: an innovative and knowledgeableglobal team, and powerful business process technology that willaccelerate our ability to serve our customers,” said Dassault SystemesPresident and CEO Bernard Charlès. In a press release announcingcompletion of the deal, Charles notes the merger “broadens our industrycoverage, particularly in the high-tech, semiconductor, apparel, andconsumer goods areas…. DS is pleased to welcome the MatrixOneemployees, customers, and partners into the DS family.”

The acquisition of MatrixOne, says DS, reinforces the company’s abilityto address the needs of a large PLM market, building on almost 9,000current successful customer implementations in collaborative PDMsoftware and services. The new PLM Collaborative Environment portfolio,which will take the ENOVIA brand name, will address customerrequirements, including those from small-scale teams to extendedenterprises with many thousands of users. The portfolio will featurethree product lines: ENOVIA VPLM 3D collaborative virtual PLM of highlycomplex product, resource, and manufacturing processes in medium andlarge extended enterprises; ENOVIA MatrixOne collaborative productdevelopment processes for enterprises across a wide range ofindustries; and ENOVIA SmarTeam collaborative PDM for small andmid-sized enterprises, engineering departments of larger organizations,and across supply chains.

ENOVIA will be headed up by Joel Lemke as CEO. Lemke, who joined thePLM development arm of Dassault Systemes in 1998 as its first CEO, sayscombining the two PLM product portfolios  will result in greaterbusiness process coverage, new levels of business collaboration, andaccelerated secure PLM deployments. It is expected the merger willbring additional value to the DS portfolio, particularly for clients inthe electronics industry.

For more information, visit 3ds.com.

Sources: Press materials received from the company. Additional information gleaned from the company’s website.