France's Dassault Systèmes announced the signing of a definitive share purchase agreement for Dassault Systèmes to acquire Quintiq, a Dutch supply chain planning software firm, for approximately US$335 million (€250 million) on 23 July.
Completion of the transaction is subject to customary closing conditions, including antitrust clearances in Germany and Austria.
The acquisition of Quintiq, headquartered in ’s-Hertogenbosch, The Netherlands, extends Dassault Systèmes’ 3DEXPERIENCE platform to business operations.
“3DEXPERIENCE is about the entire breadth of a business, beyond design, engineering and production. With today’s acquisition, thanks to Quintiq’s highly talented team, we expand our capacity to provide a strategic business experience platform to our customers,” says Bernard Charlès, Dassault Systèmes president & CEO. “3DEXPERIENCE provides our customers a comprehensive environment to model, simulate and optimize their business from strategic goals to the delivery of memorable experiences.”
Quintiq solutions are also used to plan and schedule the most complex production supply chains at such manufacturers as Novelis, ASML, Lafarge, AkzoNobel, and ArcelorMittal.
Quintiq will expand Dassault Systèmes’ DELMIA brand, adding the new product line of operations planning and optimization to the existing ones of digital manufacturing and manufacturing operations management. Quintiq provides a new reach into industries such as metals, mining, oil & gas, rail, delivery and freight.