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DASSAULT SYSTEMES IS ACQUIRING SOLIDWORKS

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June 25, 1997, Section D, Page 4Buy Reprints
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Dassault Systemes S.A., a leading maker of computer-aided design software based in Suresnes, France, agreed yesterday to acquire the Solidworks Corporation of Concord, Mass., for stock valued at about $300 million. Solidworks, which is privately held, also produces software for mechanical design. The deal was announced after Dassault's American depository receipts gained $1.25, to $65.25, in Nasdaq trading. Dassault produces primarily mainframe-based software for industrial customers and suppliers. Solidworks has developed mechanical design software products primarily for use with Microsoft's Windows operating system software for personal computers.

A version of this article appears in print on  , Section D, Page 4 of the National edition with the headline: DASSAULT SYSTEMES IS ACQUIRING SOLIDWORKS. Order Reprints | Today’s Paper | Subscribe

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