Dassault Systemes has reported IFRS unaudited financial results for the first quarter ended March 31, 2012. These results were reviewed by the Company's Board of Directors on April 25, 2012.
Bernard Charles, President & CEO, Dassault Systemes said, "Our established PLM business continues to strongly progress as evidenced by new licenses revenue growth in our key brands such as ENOVIA. As announced last quarter, we are ready to pioneer the world of Information Technology to the next level: 3DExperience, as our clients are in the business of creating the best consumer experience."
Dassault Systemes has also created a new brand, GEOVIA, which aims to model and simulate the planet. As a first step in this initiative, Dassault Systemes and Gemcom Software International signed a definitive agreement pursuant to which Dassault Systemes will acquire Gemcom Software International for cash consideration of approximately USD360 million.
