Dassault Systèmes Completes IQMS Acquisition

14 January 2019


Dassault Systèmes (Euronext Paris: #13065, DSY.PA) today announced the completion of the acquisition of IQMS, a leading manufacturing ERP software company, for $425 million.  With the acquisition of the California-based IQMS, Dassault Systèmes extends the 3DEXPERIENCE platform to small and midsized manufacturing companies seeking to digitally transform their business operations. 

IQMS’s software – on premise EnterpriseIQ and software as a service WebIQ – deliver an all-in-one solution to mid-market manufacturers for managing engineering, manufacturing and business ecosystems by digitally connecting order processing, scheduling, production and shipping processes in real time. IQMS’s solutions are used by 1,000 customers based primarily in the US whose 2,000 manufacturing facilities in 20 countries produce for the automotive, industrial equipment, medical device, consumer goods, and consumer packaged goods industries. Customers include Westfall Technik, KKSP Precision Machining, AMA Plastics, Donnelly Custom Manufacturing, FlowBelow Aero, Global Interconnect, Jabil Packaging Solutions, Schnipke Precision Molding, Steinwall, Scientific, Sturgis Molded Products, Tribar, and Ventura Manufacturing. IQMS’s 2017 revenue was around $56 million.

In the context of the Industry Renaissance – the convergence of a diverse and powerful collection of digital technologies that is transforming every aspect of industrial business – the world’s 250,000 small and midsized manufacturers must adopt and optimise new ways of producing and doing business through digital transformation in order to innovate and accelerate their growth in an increasingly competitive, global marketplace.



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