Product category:
PLM and collaboration software
News Release from: Dassault Systemes
Edited by the Engineeringtalk Editorial
Team on 16 May 2006
PLM acquisition runs its course
Dassault Systemes has completed its acquisition of MatrixOne, a leading provider of collaborative PLM solutions for the value chain.
Dassault Systemes has completed its acquisition of MatrixOne, a leading provider of collaborative PLM solutions for the value chain The all-cash purchase price was $410 million in aggregate, before reflecting cash balances and estimated tax benefits
This article was originally published on Engineeringtalk on 21 Jun 2006 at 8.00am (UK)
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"MatrixOne brings key assets to DS: an innovative and knowledgeable global team, and powerful business process technology that will accelerate our ability to serve our customers with the most comprehensive collaborative PLM solution on the marketplace", said Bernard Charles, President and CEO, Dassault Systemes.
"The merger broadens our industry coverage, particularly in the high-tech, semiconductor, apparel and consumer goods areas, where unique PLM requirements and complex business issues demand focused, world-class solutions".
"DS is pleased to welcome the MatrixOne employees, customers and partners into the DS family".
Today's companies need to create, produce and rapidly deliver products successfully in increasingly demanding markets, accelerating the adoption of PLM.
This trend demonstrates the competitive advantage gained from innovative collaborative business processes, which can result in faster time to market and improvements in top-line revenue and bottom-line profitability.
Further reading
TV company adopts PLM system
Pace Micro Technology has implemented a product lifecycle management (PLM) system from Dassault Systemes: Enovia MatrixOne.
PLM update eases collaboration
V5R18 brings the power of Enovia MatrixOne's collaborative business process (CBP) applications to Enovia VPLM engineering users, and vice versa.
PLM suite has global appeal for LG
LG Electronics is deploying Enovia MatrixOne solutions to streamline product design processes and promote innovation across its 40 global R and D centres and 36 manufacturing facilities.
The acquisition of MatrixOne reinforces DS' ability to address the needs of this large PLM market, building on its almost 9000 current successful customer implementations in collaborative PDM software and services.
The new PLM Collaborative Environment portfolio, which will take the Enovia brand name, will address customers' requirements across the full spectrum of product and business processes, from small-scale teams to extended enterprises with many thousands of users.
Enovia offers a new level of collaboration, from the most simple to highly engineered complex products and is now poised to address a broad range of industry needs.
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Enovia VPLM provides 3D collaborative virtual product lifecycle management of highly complex product, resource and manufacturing processes in medium and large extended enterprises.
Enovia MatrixOne comprises collaborative product development business processes for enterprises across a wide range of industries, including Synchronicity for semiconductor design data management.
And Enovia SmarTeam offers collaborative product data management for small and mid-sised enterprises, engineering departments of larger organisations, and across supply chains.
All three product lines have world-class executive leadership and will report to Joel Lemke, CEO of Enovia.
"Combining our PLM product portfolios brings Enovia unrivalled breadth and depth of business process coverage, new levels of business collaboration, accelerated PLM deployments, and secure PLM investments", noted Lemke.
"Today, Enovia's collaborative capabilities not only include large OEMs and their network of global suppliers, but also extend the benefits of PLM to nonengineering communities across a broad range of industries".
"The acquisition of MatrixOne by Dassault Systemes is really a good opportunity to improve our consulting and services business on Dassault Systemes' technology by extending the coverage of the PLM value chain", said Rory Read, Managing Partner, Global Industrial Sector, IBM Global Business Services.
"We will be able to leverage both our strong existing partnership with DS and our experience of MatrixOne projects".
"This acquisition brings additional value to the Dassault Systemes portfolio, particularly for our clients in the electronic industry".
"DS will be ideally positioned to offer a comprehensive range of PLM software to this industry".
"We are delighted with Dassault Systemes' acquisition of MatrixOne", said Patrick McGoldrick, CEO, Tata Technologies Group.
"Tata and MatrixOne have delivered world-class PLM solutions for many years".
"The merger allows us to deliver significant value via the solution strengths of MatrixOne and the global system integration capabilities of INCAT, the Tata PLM brand".
"Capgemini is looking forward to expanding our existing MatrixOne relationship into the Dassault Systemes ecosystem to provide stronger collaborative PLM solutions to an expanded customer base", noted Ed Stark, Vice-President, Capgemini.
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