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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.

Machine Tool Orders Reach 20-Year High

Machine tool orders for August through October reached the highest level in more than 20 years, the Association for Manufacturing Technology said today.

No Plan B – COVID-19 Exposes Technical Education’s Shortcomings

With widespread stay-at-home orders, and to contain the spread of COVID-19, many manufacturers, unless deemed essential, have closed shop and sent workers home. The resulting loss in productivity has forced companies and teachers to utilize the time to provide or continue with remote e-learning.

HMCs Offer Perfect Platform for Flexibility, Performance

Horizontal machining center technology—a long-time mainstay of OEMs and Tier One contract manufacturers—has morphed into space efficient, versatile machining platforms that any high-mix job shop can benefit from.