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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.

Optimization Module Tackles Tough Materials

Most anyone who’s worked in a machine shop for any length of time has at some point attended a trade show or machine tool distributor’s open house. There they see canned demonstrations of CNC machines busily carving up chunks of brass, mild steel, or aluminum into business card holders and tic-tac-toe games.

Dassault Systèmes Tackles Tech Adoption Problems

Today’s virtual technology enables faster and better product development. Planes, trains and automobiles are defined in CAD, subjected to virtual tests to see how they might fail, re-designed, virtually manufactured and virtually shown to customers to confirm market acceptance.

Take Control at IMTS 2018

Most anyone attending IMTS 2018 is well aware that machine tools are the lifeblood of virtually any manufacturing company. Without lathes and machining centers, parts don’t get made, barstock collects dust on the shelf, and machinists…they’d have nothing to do.

Software, Quality Inspection Deliver Auto Parts Safety

Although drivers may not know it, cable connections for the airbags and seatbelt buckle systems in their vehicle simply would not work without components manufactured by ODW-Elektrik. A development partner and supplier for high-quality cabling, solenoids and mechatronic systems used in vehicles around the world, ODW-Elektrik supplies most of its products to Bosch, Autoliv, Brose, VW, and ZF.

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.