Related to this story
Topics Mergers & Acquisitions
VELIZY-VILLACOUBLAY, FRANCE — Software simulation specialist Dassault Systèmes SolidWorks Corp. has acquired fellow software maker Simpoe SAS in a move which will provide more options for planning injection molds.
Dassault, of Velizy-Villacoublay, France, did not disclose a price for the acquisition of Simpoe, which is based in Torcy, France.
Simpoe has 3,000 customers globally who use the software to develop tooling and production for injection molds, the companies said in a May 7 news release. The two companies previously had a sales and marketing agreement that coordinated use of Simpoe and Dassault's SolidWorks software programs.
Simplifying the design and manufacturing of plastics is therefore a critical part of many industries' product creation," said Bernard Charlès, President and CEO, Dassault Systèmes. "Simpoe's simulation technology will contribute to the (three-dimensional design) platform by helping our clients validate designs and injection molding approaches quickly."