' said Bernard Charles, President, Dassault Systemes S.A.

'SRAC is another step in our strategy to have 3D everywhere, anytime and for everyone. CATIA customers will now benefit from SRAC’s 15 years of experience and expertise in supporting analysis products and processes. SRAC’s dedicated CAE team will bring customer best practices and implementation know-how to assist the IBM PLM organization and its worldwide network of CATIA® Business Partners in the sales and support of the CATIA Version 5 Analysis solutions for the process centric market. In addition to expanding DS' leadership in the design-centric market, this new acquisition will allow DS to increase its sales of CATIA Version 5 Analysis solutions, by adding key analysis expertise and strengthening the long and successful DS-IBM partnership. SRAC will continue to deliver COSMOS/ products through its existing channel of over 370 value-added resellers worldwide. The strength of the DS Group will maximize SRAC’s full potential for ongoing product innovation and new business development. Through its open multi-CAD integration strategy, SRAC will continue to enhance its native Windows®-based COSMOS/™ product line, delivering affordable 3D Analysis to the mainstream design-centric CAD customers including users of SolidWorks®, Autodesk Inventor™, and Solid Edge™. These two leading solutions will redefine customer expectations for front-end analysis solutions and set new standards for CAE industry leadership. SRAC's COSMOS/™ product line, tailored to the design centric market will perfectly complement the high end CATIA Version 5 Analysis solutions for the process centric market. This acquisition positions DS as the pre-eminent supplier of CAE and CAD integrated design analysis software in both the process and design-centric markets. Barbara Guerra, formerly vice president of SRAC, will be CEO of the new subsidiary. SRAC becomes a wholly owned subsidiary of DS, operating under the SRAC name. Suresnes, France, MaDassault Systemes (Euronext Paris # 13065, DSY.PA, Nasdaq : DASTY) today announced the signing of an agreement whereby Dassault Systemes (DS) plans to acquire the privately held SRAC through a stock transaction for the amount of $22 Million (USD).

Solidworks with cosmos