Dassault Buys PLM Group From IBM For $600 Million – Ends IBM CAD Era
AUBURN HILLS - Late Monday night, Dassault Systemes, which has an automotive office and its DELMIA brand headquarters in Auburn Hills, announced its intent to purchase IBM's PLM (Product Lifecycle Management) group for $600 Million. The deal brings 700 new employees to Dassualt and 1,000 named accounts including companies such as Ford and Chrysler. The