On January 8, 2019, Dassault Systèmes announced the completion of the acquisition of IQMS, a California based manufacturing ERP software company, for $425 million to extend the 3DEXPERIENCE platform to small and midsized manufacturing companies seeking to digitally transform their business operations. IQMS’s software – on premise EnterpriseIQ and software as a service WebIQ – deliver an all-in-one solution to mid-market manufacturers for managing engineering, manufacturing and business ecosystems by digitally connecting order processing, scheduling, production and shipping processes in real time. IQMS’s solutions are used by 1,000 customers based primarily in the U.S. whose 2,000 manufacturing facilities in 20 countries produce for the automotive, industrial equipment, medical device, consumer goods, and consumer packaged goods industries.
The Company also recently completed the acquisition of two companies:
- Argosim SA, a privately-held company based in France, addressing the challenge of verifying system requirements at the specification stage—before design begins, by using innovative modelling and simulation technologies to validate systems specifications to ensure requirements are right the first time.
- COSMOlogic, privately-held and based in Germany, providing fluid phase computational chemistry software applications. COSMOlogic’s technology and expertise support the rapid, accurate prediction of fluid phase thermodynamics, providing customer benefits along the entire chemicals and materials value chain.
Dassault Systèmes announces two new executive leadership appointments:
Olivier Ribet has been appointed Executive Vice President, Europe, Middle East, Africa, Russia (EMEAR) and Cross-Industry Initiatives, member of the Executive committee. Olivier joined Dassault Systèmes in 2013 as Vice President, High-Tech Industry, and was then named Vice President, Industries in 2017. He has contributed extensively to raising the market position and accelerated adoption of Dassault Systèmes’ Industry Solution Experiences in 12 industries, through cooperation agreements with strategic partners and direct engagement with global customers. In his new role, he will manage the EMEAR region and will also lead cross-industry initiatives.
Olivier has more than 20 years of international experience in strategy, product development, software engineering, marketing, sales, and business development including senior management positions at Microsoft, where he was granted a patent for a method of extracting key terms in text mining. He is a graduate of the Institute des Etudes Politiques in Bordeaux, France, Institut Multimédias and INSEAD (AIEP).
Victoire de Margerie has joined Dassault Systèmes as Vice President Corporate Marketing, Branding and Communications. In this role, she will deliver a unified approach to sharing the company’s stories with all stakeholders to strengthen and further Dassault Systèmes’ position as the 3DEXPERIENCE company and its contribution to sustainable innovation.
Victoire brings more than 25 years of experience in marketing, communications strategy and execution. She was Director of Development at Lever de Rideau, a Paris-based events communications agency, Vice President External Relations at EADS and Head of International Communication Coordination at Airbus. She currently serves as president of the women’s professional network Féminin Pluriel Paris.
Today’s Webcast and Conference Call Information
Today, Wednesday, February 6, 2019, Dassault Systèmes will first host from Paris a webcasted meeting at 10:00 AM Paris Time/ 9:00 AM London time and will then host a conference call at 9:00 AM New York time/ 3:00 PM Paris time/ 2:00 PM London time. The webcasted meeting and conference call will be available via the Internet by accessing http://www.3ds.com/investors/. Please go to the website at least 15 minutes prior to the webcast or conference call to register, download and install any necessary audio software. The webcast and conference call will be archived for one year.
Additional investor information can be accessed at http://www.3ds.com/investors/ or by calling Dassault Systèmes’ Investor Relations at 22.214.171.124.69.24.
Key Investor Relations Events
First Quarter Earnings Release: April 24, 2019
Second Quarter Earnings Release: July 24, 2019
Third Quarter Earnings Release: October 24, 2019
Fourth Quarter Earnings Release: February 6, 2020
Statements herein that are not historical facts but express expectations
or objectives for the future, including but not limited to statements
regarding the Company’s non-IFRS financial performance objectives, are
forward-looking statements. Such forward-looking statements are based on
Dassault Systèmes management's current views and assumptions and involve
known and unknown risks and uncertainties. Actual results or
performances may differ materially from those in such statements due to
a range of factors. The Company’s current outlook for 2019 takes into
consideration, among other things, an uncertain global economic
environment. In light of the continuing uncertainties regarding
economic, business, social and geopolitical conditions at the global
level, the Company’s revenue, net earnings and cash flows may grow more
slowly, whether on an annual or quarterly basis. While the Company makes
every effort to take into consideration this uncertain macroeconomic
outlook, the Company’s business results, however, may not develop as
anticipated. Further, there may be a substantial time lag between an
improvement in global economic and business conditions and an upswing in
the Company’s business results. The Company’s actual results or
performance may also be materially negatively affected by numerous risks
and uncertainties, as described in the “Risk Factors” section of the
2017 Document de Référence (Annual Report) filed with the AMF
(French Financial Markets Authority) on March 21, 2018 and also
available on the Company’s website