VELIZY-VILLACOUBLAY, France – July 26, 2012 — 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, today announced that it is spinning off Transcat PLM GmbH, its sales and services subsidiary and long time development partner dedicated to customers of all sizes in Germany and Slovakia, via a management buyout (MBO). The transaction builds on Dassault Systèmes’ strategy to strengthen its partners’ business success in each geography and enable a new level of partner-to-customer-to-user experience.
As an independent company of 200 employees, Transcat PLM will continue to expand its leading position as a value added reseller (VAR) focused on bringing Dassault Systèmes’ 3DEXPERIENCE platform to its customers. It will also grow its position as a key application development partner to Dassault Systèmes through its Component Application Architecture (CAA) ecosystem of third party software developers. Etienne Droit, Gerhard Keller and Günther Öhlschläger will be the managing directors of Transcat PLM GmbH.
“The completion of this spin-off will enable Transcat PLM to continue its stellar customer service for our clients in transportation and mobility, industrial equipment and consumer goods, leveraging Dassault Systèmes’ 3DEXPERIENCE platform,” said Etienne Droit. “Transcat will also continue to develop its long term relationship with German customers, giving them the opportunity to adopt industry solution experiences. It will also be a key services provider, as well as a key player in Dassault Systèmes’ CAA community to develop new add-on applications for the 3DEXPERIENCE platform.”
“Dassault Systèmes’ sales partner ecosystem is a crucial growth driver for us. We will focus on managing and improving the support of independent channel partners. They are key players in applications development, service to customers and distribution of our industry solution experiences and brand applications,” said Bruno Latchague, executive vice president, Distribution Strategy, Value Solutions, Dassault Systèmes. “By spinning off Transcat PLM as an independent, stand-alone company, we will not only enhance the value that our two companies are bringing to the German market, but give Transcat the ability to run its business more actively and effectively. This management buyout positions a former executive of Dassault Systèmes, Etienne Droit, as one of the managing directors of Transcat. This will be instrumental to our ongoing success together and increase Transcat’s profitability.”