Dassault Systèmes announces that it has signed a definitive agreement to acquire IQMS, a provider of industrial management software (ERP), for $425 million. With the acquisition of this California-based company, Dassault Systèmes is extending its 3DExperience platform to small and medium-sized industrial companies wishing to embark on the digital transformation of their activities.
With software published by IQMS - EnterpriseIQ for on-premise deployments and WebIQ for the cloud (SaaS) - small and medium-sized industrial companies have a unified solution designed to manage business, engineering and manufacturing ecosystems by digitally linking order processing, planning, production and delivery processes in real time. By integrating IQMS' solutions into its 3DExperience cloud platform, Dassault Systèmes will provide these companies with an affordable solution to improve collaboration, production efficiency and business agility, essential to meeting their customers' requirements. These companies - many of which already use Solidworks - will also benefit from the flexibility to scale up quickly as their business grows.
At the same time, these manufacturing companies can seize new business opportunities and create value by offering their manufacturing know-how and services to a vast community of designers and engineers on Dassault Systèmes' 3DExperience Marketplace, the world's largest virtual factory.
" We must no longer consider industry as a collection of means of production, but as a value-creation process. This vision applies not only to disruptive startups and well-established companies, but also to the hundreds of thousands of small and medium-sized industrial enterprises producing the parts that are at the heart of the development of new consumer experiences.says Bernard Charlès, Vice President and General Manager of Dassault Systèmes. IQMS has developed a deep understanding of the industry and the needs of manufacturing companies. We welcome this team at a time when we are creating a new category of business solutions, expanding our offering for companies similar to those using Solidworks today. These companies will be able to take advantage of the platform phenomenon and leverage the industry's renaissance for their growth. ".
Learn more: www.3ds.com