Dassault Systèmes Reports 29% Jump in Q3 Revenue (Cadalyst Daily Archive)26 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 >>
About the Author: Sara Ferris
For Mold Designers! Cadalyst has an area of our site focused on technologies and resources specific to the mold design professional. Sponsored by Siemens NX. Visit the Equipped Mold Designer here!
For Architects! Cadalyst has an area of our site focused on technologies and resources specific to the building design professional. Sponsored by HP. Visit the Equipped Architect here!