INTERNATIONAL BUSINESS MACHS
SymbolIBM

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Dassault Systemes and IBM Announce Intent to Integrate IBM PLM Sales Operation into DS

2009-10-26 23:00 ET - News Release

New Global Alliance Expected to Expand PLM in All Industries


Company Website: http://www.3ds.com/company/finance/earnings/
ARMONK, N.Y & VELIZY-VILLACOUBLAY, France -- (Business Wire)

Regulatory News:

IBM (NYSE:IBM) and Dassault Systèmes (DS) (Paris:DSY) (Euronext Paris: #13065, DSY.PA) today signed an agreement under which DS intends to acquire IBM sales and client support operations encompassing DS's Product Lifecycle Management (PLM) software application portfolio, as well as customer contracts and related assets, for approximately $600 million in cash.

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