IBM (IBM)

IBM and Dassault Systèmes today signed an agreement under which Dassault intends to acquire IBM sales and client support operations encompassing Dassault’s Product Lifecycle Management (PLM) software application portfolio, as well as customer contracts and related assets, for approximately $600 million in cash.
The transaction is expected to be completed in the first half of 2010, subject to the finalization of local agreements and completion of regulatory processes and applicable labor relations requirements in various countries.

Nov 5 · 1:48:00 PM · Source: PR-AU
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by Michael Oliveto