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Dassault Systèmes Acquires IQMS for $425M

Dassault Systèmes (Euronext Paris: #13065, DSY.PA) today announced that it has entered into a definitive agreement to acquire IQMS, a leading manufacturing ERP software company, for $425 million. With the acquisition of the California-based IQMS, Dassault Systèmes extends the 3DEXPERIENCE platform to small and midsized manufacturing companies seeking to digitally transform their business operations.

Rethinking Control Systems for Multi-Well Pads

Drilling advancements have spurred the evolution of oil and gas operations from simplistic single-well pad fields to more complex multi-well pads. Today, many producers are using fracking and lateral drilling techniques to place 10 or more wells on one pad.

New DNC Capacity Drives Improved Performance, Business Growth

Looking to improve operations and expand its aerospace business, M-1 Tools Works began working with Cimco, a CNC communication and networking software supplier. Today, M-1’s programmers can write programs and get them to any machine in its plant.

New Mastercam 2020 Released

Tolland, Conn.-based CNC Software Inc., developer of Mastercam CAD/CAM software, announces the release of Mastercam 2020. The new release increases machining productivity and reduces overall production costs with new 2D through multiaxis milling automation features, CAD and model preparation improvements, improved machine configuration, 3D tooling, and more.

Software Fuels Smart Factories

In the fast-changing world of motorized vehicle manufacturing, supply chain companies are now offering numerous software suites, bringing digitalization software and customizable applications to machine tool builders, alongside CNC hardware and operating software.