Dassault Systèmes to buy scientific PLM software maker Accelrys

The companies plan to deliver an unmatched scientific product lifecycle management solution

Dassault Systèmes plans to acquire U.S. based scientific enterprise product lifecycle management (PLM) software company Accelrys for approximately US$750 million, the companies announced Thursday.

By combining its forces with Accelrys, Dassault Systèmes will enhance its PLM offerings, the company said in a statement.

The merger will boost capabilities in molecular chemistry from discovery to manufacturing and regulatory requirements of Dassault Systèmes' life sciences, consumer packaged goods, high tech and energy, and advanced manufacturing industries offerings, it said.

Both Dassault and Accelrys offer PLM software. But Accelrys has specialized in scientific innovation lifecycle management, providing software optimized to manage scientific experiments. It aims to enable scientists to access, organize, analyze and share data to improve productivity while reducing cost and saving time from lab to market, according to its website.

The software of Accelrys in San Diego is used by major players in the pharma and biotech industries as well as in the consumer packaged goods and chemical industries. Its customers include Pfizer, Shell, BASF, Unilever and L'Oréal.

Together, Dassault Systèmes and Accelrys hope to deliver an "unmatched scientific PLM solution," the companies said.

The plan for the takeover has been unanimously approved by the Accelrys board of directors and the transaction is expected to be completed during the second quarter of 2014, the companies said.

Dassault Systèmes will make an all cash tender offer for all of the outstanding shares of Accelrys common stock at a price of $12.50 per share, without interest, it said, adding that this represents a fully diluted equity value for Accelrys of approximately $750 million. Dassault Systèmes also intends to acquire any shares that don't fall within the tender offer via a merger that will be effected as soon as possible after the closing of the tender offer, it said.

Loek is Amsterdam Correspondent and covers online privacy, intellectual property, open-source and online payment issues for the IDG News Service. Follow him on Twitter at @loekessers or email tips and comments to loek_essers@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Mergers and acquisitionsbusiness issuessoftwareDassault SystèmesAccelrys

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Loek Essers

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?