Dassault signs purchase agreement with Quintiq

By Niraj M Wanikar, Chief Editor, CNCTimes.com, 2014-07-26 16:37:51

Dassault Systèmes, the 3D experience company and world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, has announced the signing of a definitive share purchase agreement for Dassault Systèmes to acquire Quintiq, a leading provider of on-premise and on-cloud supply chain and Operations Planning & Optimisation software, for approximately €250 million. With 800 employees, Quintiq, whose offerings include production, logistics and workforce planning applications, is rated as a leader in the market by top industry analysts and its solutions are used today by 250 customers, at 1,000 sites, in more than 90 countries.

The acquisition of Quintiq, headquartered in Hertogenbosch, The Netherlands, extends Dassault Systèmes’ 3DEXPERIENCE platform to business operations planning and further enables its long time goal of harmonising product, nature and life.

“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,” said Mr Bernard Charlès, President & CEO, Dassault Systèmes. “3DEXPERIENCE provides our customers a comprehensive environment to model, simulate and optimise their business from strategic goals to the delivery of memorable experiences.”

"Quintiq has been central to our business operations planning since 2005. As one of Europe's largest broadcasters, we have a wide array of resources to optimise, including 3,000 people, 900 different production resources, 30,000 stocked items, across 17 sites,” said Dr Andreas Bereczky, Production Director and Member of the Board at ZDF, the German television broadcaster. “Quintiq technology and expertise will be a great asset to Dassault Systèmes and we look forward to the new innovation that will emerge."

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. They also plan and optimise some of the most complex logistics operations, including DHL, Walmart, DB Schenker and TNT. Quintiq is enabling full operations planning at Brussels Airport, KLM, Canadian National and the Federal Aviation Administration. Quintiq is differentiated by leading optimisation technology; a platform approach to covering long-term strategic to day-of-operational planning; and capabilities which go beyond supply chain to encompass full operations planning and optimisation.

Quintiq will expand Dassault Systèmes’ DELMIA brand, adding the new product line of Operations Planning and Optimisation 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.

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