Dassault Systèmes To Acquire Gemcom Software

INDUSTRY NEWS

Dassault Systèmes To Acquire Gemcom Software
Computer Graphics World (04/12)

French software maker Dassault Systemes will buy Gemcom Software International, a privately held geological modeling and simulation company, for approximately $360 million in cash. The purchase comes as Dassault seeks to capitalize on fast growth in the mining industry. “With the acquisition of Gemcom, coupled with our 3D Experience platform capabilities, our objective is to model and simulate our planet, improving predictability, efficiency, safety and sustainability within the natural resources industry and beyond,” said Bernard Charlès, president and CEO of Dassault Systèmes.

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