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COFES Blog
By Steve Wolfe on
10/28/2009 4:58 AM
Late on the evening of October 26, IBM announced its intention to sell its "IBM sales and client support operations encompassing DS's Product Lifecycle Management (PLM) software … customer contracts and related assets" to Dassault Systèmes. Since 1982, IBM has sold and supported Dassault Systèmes CATIA and related software. The announced sale, which is expected to close in the first half of 2010, ends that relationship.
IBM will receive $600 million in cash for its PLM business. Approximately 700 IBM employees, including PLM general manager Al Bunshaft, will join Dassault Systèmes.
Dassault Systèmes' competitors, Siemens PLM Solutions, Parametric Technology, and Autodesk, are likely to blow the current transaction out of proportion, claiming that Dassault Systèmes has lost a major sales advantage. In reality, this deal is likely to have modest impact on both companies.
IBM will be shedding a relatively small part of its software business that doesn't fit with its main strategy....
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By Brad Holtz on
10/27/2009
A look at the next stage of the IBM-Dassault Systemes "marriage"
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By Russ Henke on
10/14/2009 4:01 PM
In this space on September 30, 2009, the then-latest news on MSC,Software appeared, in a blog article entitled, “MSC.Software…in the news again…”.
As of today, October 14, the company posted a Press Release on its website announcing that Symphony Technology Group (STG) had successfully completed its acquisition of MSC.Software Corporation.
Under the terms of the deal, Maximus Holdings Inc., an investment vehicle of STG and co-investor Elliott Management Corporation has purchased all outstanding shares of MSC stock for a price of $8.40 per share in cash, a total purchase price of approximately $390 million.
Moreover, industry veteran Dominic Gallello joins MSC as CEO. Gallello comes to MSC from Graphisoft, a Budapest-based architectural design software developer, where he was CEO. In addition, Jim Johnson joins MSC as CFO. Johnson was most recently CFO of VG Holdings, a videogame producer that was acquired by Electronic Arts in 2007.
You can access the entire Press Release by copying & pasting...
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By Russ Henke on
10/8/2009 6:14 AM
Siemens PLM Software just announced the latest release of NX™ software, the company’s flagship digital product development solution. With NX 7.0, Siemens PLM Software introduced HD3D, a visual environment to help global product development teams unlock the value of PLM information.
In addition, NX 7.0 included enhancements to synchronous technology – the computer-aided design, manufacturing and engineering analysis (CAD/CAM/CAE) productivity software introduced by Siemens PLM Software last year. (See blog entry in this space dated February 11, 2009, entitled, “Solid Progress…”).
The NX 7.0 enhancements are aimed at helping accelerate a variety of product development tasks and expand the ability of NX to work with data from third party CAD applications.
The announcement of NX 7.0 was made October 7, 2009 in Paris at the Siemens PLM Connection Europe annual users conference.
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