Dassault Systèmes to Change Legal Status to European Company
VELIZY-VILLACOUBLAY, France — May 29, 2015 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, announced that its shareholders, in yesterday’s Shareholders General Meeting, have approved the change of the company’s legal status to Societas Europaea (European Company).
With this transition, Dassault Systèmes acknowledges the significant increase of its activities and staffing in many European countries, while having become a global leader. It also marks a significant milestone in the company’s continued commitments to industry leadership in three major geographies, Europe, North America and Asia/Pacific, and to bringing value to more than 190,000 customers. The European Company designation provides Dassault Systèmes with a recognized and unified corporate status throughout all countries within the European Union.
“The European Union is a wonderful place of diversity and the world’s largest economic space. Building a company identity that embraces these dimensions will support the essential role of business in stimulating Europe’s ambition to be more influential globally in terms of rigor, quality of life and future,” said Bernard Charlès, President & CEO, Dassault Systèmes. “By changing to a Societas Europaea, Dassault Systèmes’ shareholders and employees have demonstrated their united commitment to build a strong future together and start a new European journey that bonds a global company with local activities.”
Founded in 1981, Dassault Systèmes has been an international company since its first day of operations, with an employee base of more than 117 nationalities and customers in 140 countries. Its technology content, applications and services are used by companies worldwide to design, engineer and manufacture most of the products people use in their daily lives.
The registration of Dassault Systèmes SE will be effective by mid-June 2015. The conversion was approved by the general meeting of shareholders on May 28, 2015, and following negotiations with employee representatives from 14 countries of the European Union and their unanimous signature of an agreement.
About Dassault Systèmes
Dassault Systèmes is a catalyst for human progress. We provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with our 3DEXPERIENCE platform and applications, our customers can redefine the creation, production and life-cycle-management processes of their offer and thus have a meaningful impact to make the world more sustainable. The beauty of the Experience Economy is that it is a human-centered economy for the benefit of all – consumers, patients and citizens. Dassault Systèmes brings value to more than 350,000 customers of all sizes, in all industries, in more than 150 countries. For more information, visit https://www.3ds.com