Dassault Systèmes, a provider of virtual universes to imagine sustainable innovation, headquartered in Vélizy-Villacoublay, France, and Waltham, Massachusetts, has entered into an agreement to acquire IQMS, a manufacturing ERP software company based in Paso Robles, California. Closing of the transaction is expected in early 2019.
With the acquisition of IQMS, Dassault Systèmes extends the 3DEXPERIENCE platform to small and midsized manufacturing companies seeking to digitally transform their business operations. IQMS’s software – on premise-based EnterpriseIQ and as a service as WebIQ – delivers a solution for managing engineering, manufacturing and business ecosystems by digitally connecting order processing, scheduling, production and shipping processes in real time.
By integrating IQMS’s solutions into the 3DEXPERIENCE platform on the cloud, Dassault Systèmes will provide an affordable system for operations that improves collaboration, manufacturing efficiency and business agility. Manufacturers can engage in new business opportunities and create value by supplying their manufacturing know-how and services to a large community of designers and engineers in Dassault Systèmes’ 3DEXPERIENCE Marketplace.
Dassault Systèmes will help IQMS expand its customer base by leveraging the mid-market presence of Dassault Systèmes’ SOLIDWORKS applications, which are delivered and supported by Dassault’s Professional Solutions global partner channel. IQMS’s solutions are used by customers based primarily in the US with manufacturing facilities for automotive, industrial equipment, medical device, consumer goods and consumer packaged goods.
For more information, visit www.3ds.com.