Dassault Systèmes Reports 29% Jump in Q3 Revenue (Cadalyst Daily Archive)27 Oct, 2006 By: Sara Ferris
Financial update reflects acquisition of Abaqus, MatrixOne
Dassault Systemes released its third-quarter earnings report yesterday, highlighted by a 29% increase in GAAP total revenue to €276.3 million (approximately US$350.6 million). Part of the increase comes from two acquisitions made last year: Abaqus and MatrixOne. President and CEO Bernard Charles says the company is "very pleased with how well our two major acquisitions have performed. Abaqus has had an excellent first year, with four consecutive quarters of solid execution, revenue growth and operating margin contribution." In addition, MatrixOne continues to exceed its financial targets and performed strongly in the high-tech and semiconductor markets, Dassault reports. Charles notes that MatrixOne is creating new vertical opportunities for CATIA as well as appealing to many existing customers. Read more >>p>
Hardware: SmartLF Gx 42 Series
Colortrac releases three new large-format technical document scanners.
Read more >>
AEC: DProfiler with RSMeans
Beck Technology and Reed Construction Data integrate modeling and cost data solutions for BIM. Read more >>
In her easy-to-follow, friendly style, long-time Cadalyst contributing editor and Autodesk Technical Evangelist Lynn Allen guides you through a new feature or time-saving trick in every episode of her popular AutoCAD video tips. Subscribe to the free Cadalyst Video Picks newsletter and we'll notify you every time a new video tip is published. All exclusively from Cadalyst!