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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.

Advances in Machining Technology Enable Competitive Advantages for Brass

As a result of recent testing under real production conditions, brass proved to machine at extremely high speeds on today’s advanced machine tools with little evidence of tool wear, producing high-quality surface finishes and excellent chip control, reported the Copper Development Association (McLean, VA).