Dassault Systèmes to Acquire Elsys

Version 6 as the Convergence Platform for Generative Schematic Documents and 3D Smart Product Definition

VÉLIZY-VILLACOUBLAY, France — October 27, 2011 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA), a world leader in 3D and Product Lifecycle Management (PLM) solutions, today announced the acquisition of Elsys, an innovative provider of interactive electrical engineering and disruptive multi-discipline generative schematics solutions. Elsys generative technology enables the automatic creation of millions of 2D schematics from functional-logical master data, thereby eliminating the tedious, costly, and error-prone process of interactive manual creation of schematics.

With the Version 6 (V6) collaborative platform, customers across industries are creating smart products to run lifelike experiences. These smart products rely on electronics, electrical or fluidic systems to provide ever more advanced functions. In this context, the goal of the Elsys acquisition is to provide a unique solution allowing Dassault Systèmes customers to associate schematic documents to the real product’s behavior. In addition, all associated schematics related to the design, manufacturing and services of electrical systems will be generated automatically from the functional-logical description. Eventually, thanks to the unique V6 convergence platform, Dassault Systèmes will be able to provide revolutionary multi-disciplinary integrated solutions, from electrical to fluidics to electronics.

Dominique Florack, Senior Executive Vice President, Products, R&D, Dassault Systèmes added: “Over the last 20 years, customers have been longing for Generative Schematic Technology. Although promised many times by many companies, it has never been delivered widely to the market. Furthermore, the need to provide a unique convergence platform for product related documents and 3D is growing as products become more intelligent. I am delighted that Elsys decided to join Dassault Systèmes to help us meet these challenges. We are further demonstrating our commitment to deliver, as part of V6, a game changer multi-disciplinary systems engineering optimization and execution solution to meet the need for speed and zero errors.”

“With hundreds of kilometers of wires, electrical systems in modern aircrafts are highly complex and having an integrated solution that brings together our existing electrical applications on a single platform is a must,” said Didier Gondoin, Executive Vice President, Research, Design & Engineering, Dassault Aviation. “We are long-time users of Elsys’ innovative applications, including ELECTRE for electrical schematics, and Elsys has a deep understanding of our electrical processes. We believe that this acquisition will successfully deliver next-generation electrical process integration to Dassault Aviation as a critical feature of our current Version 6 implementation.”

“We are convinced that combining the extensive industry experience, knowledge, and proven solutions of the Elsys team with CATIA state-of-the-art Virtual Product Portfolio is the only way to address current and future industry challenges, among them, to deliver zero default systems,” said Jacques Goldstein, Managing Partner R&D, Elsys.