2010Sonenshine Partners Announces the Closing of the Acquisition of ABAQUS by Dassault Systèmes of France
Company Press Release
October 4, 2005
New York, N.Y. – Sonenshine Partners today announced that Paris, France-based Dassault Systèmes has completed its acquisition of ABAQUS Inc., a leading provider of a leading global provider of product lifecycle management (PLM) software and services. Sonenshine Partners served as financial and strategic advisor to ABAQUS Inc.
Founded in 1978, ABAQUS, Inc. is the world's leading provider of software and services for advanced finite element analysis. The ABAQUS® software suite has an unsurpassed reputation for technology, quality and reliability. It has been adopted by major corporations across all engineering disciplines as an integral part of their design process. ABAQUS offers a powerful and complete solution for simple to complex linear and nonlinear engineering problems, using the finite element method. Supporting a wide range of structural, thermal, and coupled analyses, the software delivers a unified analysis environment without equal, presenting a compelling alternative to implementations involving multiple products and vendors. ABAQUS employs over 400 people worldwide, with 28 direct offices for technical support, sales and services in addition to a network of technically advanced distributors in several emerging markets. (http://www.abaqus.com)
ABAQUS® is a registered trademark or trademark of ABAQUS, Inc., in the United States and other countries. All other brand names, product names or trademarks belong to their respective holders.
Dassault Systèmes group is the world leader in 3D and PLM (Product Lifecycle Management) solutions, bringing value to more than 80,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systèmes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire life cycle of products from conception to maintenance. Its offering includes integrated PLM solutions for product development (CATIA®, DELMIA®, ENOVIA®, SMARTEAM®), mainstream 3D design tools (SolidWorks®), and 3D components (Spatial/ACIS®). Dassault Systèmes is listed on the Nasdaq (DASTY) and Euronext Paris (#13065, DSY.PA) stock exchanges. For more information, visit http://www.3ds.com.
Sonenshine Partners is a leading independent investment bank focused on providing integrated strategic, financial and corporate advisory services. The firm was founded in 2000 and is headquartered in New York City.