Dassault CEO: ‘world demands new paradigm for sustainability where chemistry, materials and biology meet’
3D design software firm Dassault Systèmes SA said Thursday it will acquire scientific data management software maker Accelrys, Inc., for $750 million in cash.
Paris, France-based Dassault (Nasdaq: DASTY) said it signed an agreement with San Diego-based Accelrys to purchase in a soon-to-be-issued cash tender offer all its outstanding common stock for $12.50 per share, a 28 percent premium over Thursday’s closing price. Dassault said it will buy any shares of Accelrys not tendered via a merger slated soon after the offer closes sometime in the second quarter.
Dassault sells its 3DEXPERIENCE product lifecycle management (PLM) software platform to numerous industries, including engineering and construction, architecture, aerospace and defense, transportation and mobility, marine and offshore, and industrial equipment, among others. Some of Dassault’s software suites include SOLIDWORKS, SIMULIA, 3D VIADELMIA, EXALEAD, and NETVIBES.
“The world demands a new paradigm for sustainability where chemistry, materials and biology meet,” Dassault CEO Bernard Charles said in a statement. “This is what the virtual universes enabled by Dassault Systemes are delivering, capable of harmonizing products, nature and life, from imagination to industry solution experience.”
Accelrys’ Enterprise Platform software integrates the foundations of science, experimental processes, and information requirements across the research, development, QA/QC and manufacturing phases of product development.
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The Enterprise platform is comprised of four key parts: Data Management and Informatics, Enterprise Lab Management, Modeling and Simulation, and Workflow and Automation.
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Accelrys has over 2,000 customers in the pharmaceutical, biotechnology, energy, chemicals, aerospace, consumer packaged goods and industrial products industries.
Earlier this month, Dassault acquired an 84 percent stake in 3D imagery software maker Realtime Technology (RTT) for $205 million, with a pending offer for the remaining ownership.