Printer Friendly
The Free Library
19,604,530 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Dassault Systemes Invests $6 Million In Invention Machine Corporation Dassault Systemes' President Bernard Charles Joins Invention Machine's Board of Directors.


BOSTON & SURESNES, France--(BUSINESS WIRE)--Feb. 8, 1999--

Invention Machine Corporation Becomes a Strategic Dassault Systemes Dassault Systemes (Dassault Systèmes S.A.) (Pronounced - Dasoh) (NASDAQ: DASTY; Euronext: 13065) is a leading company specializing in 3D and PLM (Product Lifecycle Management) software.  

Partner to provide customers with a unique set of

Knowledge-based Innovation tools

Dassault Systemes S.A. (Nasdaq:DASTY) a worldwide leader in the CAD/CAM/CAE/PDM II market, today announced a $6 million investment in Boston-based Invention Machine Corporation, a leading provider of Knowledge-based Innovation software. Dassault Systemes' President Bernard Charles Bernard Charles is the CEO of Dassault Systemes. References
  • Biography
 joins Invention Machine's board of directors, and Invention Machine becomes a strategic Dassault Systemes partner.

The competitiveness of companies is measured through their capacity to bring to market the right product at the right time. This is why customers are shifting their competitive imperative from "time-to-market" to "right-to-market" strategy. This requires a clear understanding of market requirements that will be translated into product objectives and an efficient execution system to transform engineering challenges into innovative solutions. The emphasis is shifting toward front-loaded technologies aimed at uncovering new design ideas and alternatives, stimulating and boosting innovation by increasing and sharing corporate know-how.

The two companies will work together to deliver Knowledge-based Innovation infrastructure and applications to provide customers with software tools to leverage knowledge across multiple engineering and scientific disciplines and generate innovative concepts to their technical challenges. Knowledge-based Innovation becomes an integral part of the new generation Virtual product development providing a breakthrough process to create innovative, cost-conscious products and optimizing the whole product lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline.  at once. It is the core of a new generation of conceptual design tools targeted to manufacturing industries manufacturing industries nplindustrias fpl manufactureras

manufacturing industries nplindustries fpl de transformation

.

"Dassault Systemes' investment in our company recognizes our leadership in engineering Innovation and further extends our worldwide market presence", said Val Tsourikov, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Invention Machine Corporation. He continued: "The deal provides Invention Machine with the resources to invest in its signature product, TechOptimizer(tm) 3.0, as well as its future Knowledge-based Innovation products leverages our unique semantic See semantics. See also Symantec.  processing technology".

"This agreement further confirms our intention to make knowledge a core component of our strategy as it is one of our next generation system fundamentals with the Version 5 portfolio. The partnership between our two companies will enable us to create a revolutionary new way to enhance product development innovation competitiveness by more effectively leveraging and extending intellectual capital across a virtual real time collaboration environment", said Bernard Charles, President of Dassault Systemes. The partnership is a logical step forward to integrate product development and knowledge management for our mutual customers.

"Honda honda

a quick release metal eyelet for the end of a lariat. When the restrained animal is no longer required it is not necessary to slacken off the loop and pull it over the head—a very great advantage when working with wild cattle or unbroken horses.
 strategy is to continue its implementation of Digital Manufacturing Circle (DMC DMC Devil May Cry (video game)
DMC Detroit Medical Center
DMC Darryl McDaniels (rapper)
DMC Destination Management Company
DMC Del Mar College (Corpus Christi, TX) 
) around a unified integrated architecture with CATIA A family of 2D and 3D CAD programs from IBM. CATIA was one of the first CAD programs to provide 3D solid modeling. The program was developed by Dassault Systems, a French aerospace company.  and is expanding to address knowledge management and innovation support tools around a future integration of CATIA and TechOptimizer," said Kobayashi San, Executive Chief Engineer of Honda Research & Development Technology.

TechOptimizer(tm) 3.0 includes seven modules that helps users correctly state and solve their engineering problems, generate concepts and access technical knowledge across the enterprise. TechOptimizer(tm) 3.0 enables engineers to speed the development of new products and processes, avoid expensive trial-and-error techniques in the early stages of design, and creates high-quality engineering solutions.

Dassault Systemes S.A. is a leading software developer for the CAD/CAM/CAE/PDM II market -- providing users with solutions for their product development needs. CATIA**-CADAM Solutions and Deneb solutions enable total simulation of the creation of a product. SolidWorks, a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, offers design-oriented, software solutions based on Windows. With Java-based CATWEB e-business tools, everyone can exploit engineering data over the web. ENOVIA PDM (1) (Product Data Management) An information system used to manage the data for a product as it passes from engineering to manufacturing. The data includes plans, geometric models, CAD drawings, images, NC programs as well as all related project data, notes and  II Solutions deliver a new multi-CAD collaborative and innovative environment for the virtual product and process modeling and management across the extended enterprise. The Company's customer base comprises over 13,000 CATIA-CADAM and 9,500 SolidWorks customers.

Invention Machine Corporation's mission is to be the worldwide leader in software and services for innovation in product and process development. As the leading provider of Knowledge-based Innovation software, Invention Machine Corporation enables scientists and engineers to create and manage knowledge in order to develop new products and processes more quickly. Invention Machine Corporation's revolutionary software tools provide users with the knowledge and ability to stimulate the rapid production of high-quality, well-designed products and processes.

In addition to servicing Fortune 1000 companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Europe, Invention Machine Corporation provides software and training to more than 35 leading Japanese companies This is a list of companies from Japan. Note that 株式会社 can be (and frequently is) read both kabushiki kaisha and kabushiki gaisha (with or without a hyphen). See that article for more details.  belonging to the Invention Machine Corporation and Mitsubishi Research Institute (MRI 1. (application) MRI - Magnetic Resonance Imaging.
2. MRI - Measurement Requirements and Interface.
) consortium. Invention Machine Corporation is based in Boston and, internationally, has offices in Germany, Sweden, the United Kingdom, France, Japan, Taiwan, and Venezuela.

For more information on products, please call 1-800-595-5500.

Information on CATIA can be found at http://www.catia.com. Information on Dassault Systemes is available at http://www.dsweb.com

CATIA is a registered trademark of Dassault Systemes SA.

TechOptimizer(TM) is a trademark of Invention Machine Corporation.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Feb 8, 1999
Words:797
Previous Article:1998 Total Revenue Increases 30% To FF 2,712 Million -Euro 413 million- and EPS Before Acquisition Costs Rises 31% TO FF 5.53 -Euro 0.84-.
Next Article:Computer Associates and McLaren International Renew Technology Partnership Following Victorious 1998 Season.
Topics:



Related Articles
Intent of cooperation between Dassault Systemes, Matra Datavision and IBM to Offer Enhanced Engineering Solutions and Services.
Dassault Systemes Signs Agreement to Acquire Matra Datavision's Subsidiary.
CADAM Systems Company, IBM and Dassault Systemes Form a Strategic Alliance to Serve the Japanese Market.
IBM, Dassault Systemes, i2 Technologies and Siebel Systems to Deliver Complete e-business Solutions Across the Extended Enterprise.
Dassault Systemes To Acquire Spatial's ACIS Business; New Company of the Dassault Systemes Group, Spatial, to be the World-Leading Provider of 3D...
Revit Technology Corporation Secures $24 Million Initial Third-Round Funding; Dassault Systemes Investment Propels Company Toward Global Expansion.
IBM, Dassault Systemes and Albert-Battaglin Consulting Establish CATIA Knowledgeware User Consortium - SKIL.
ALSTOM Transport Selects ENOVIA as PLM Solution Worldwide implementation of 700 ENOVIAVPM licenses.
Dassault Systemes Completes Acquisition of Spatial Component Business.
[0] Dassault Systemes Completes Acquisition of Spatial Component Business.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles