Dassault Systèmes: acquires software publisher IQMS

(CercleFinance.com) - Dassault Systèmes has announced signing of a definitive agreement to acquire IQMS, a California-based ERP publisher, for 425 million dollars.


Thanks to this acquisition, the French group is extending its 3DExperience platform to industrial SMEs wishing to engage in the digital transformation of their businesses. In 2017, IQMS' sales reached approximately 56 million dollars.

This transaction, which will be paid for in cash, is subject to customary conditions precedent, including antitrust approval in the US. The deal is scheduled to be finalised is early 2019.

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