Dassault Systèmes Completes the Acquisition of ABAQUS Inc. and Introduces the SIMULIA Brand
Summary
Dassault Systèmes completed its acquisition of ABAQUS Inc. for $413 million in cash. The company also introduced SIMULIA as a new brand for realistic 3D simulation and multi-physics analysis. Management said the deal expands its simulation portfolio and helps it serve a broader customer base across industries. The announcement also names Mark Goldstein to lead the new SIMULIA portfolio as CEO. This move signals a larger push to integrate simulation capabilities into Dassault Systèmes’ software stack.
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