Wednesday, 9 June 2010

Dassault Systèmes Acquires Exalead for €135m


New Possibilities with Search Based Applications for Enterprise and People

Dassault Systèmes (DS) (Euronext Paris: #13065, DSY.PA) a world leader in 3D and Product Lifecycle Management (PLM) solutions, and Exalead, a leading provider of Search Platforms and Search-Based Applications (SBA) for consumer and business users, today announced that Dassault Systèmes acquired the French company Exalead for about €135 million.

Every month, over 100 million people rely on Exalead for information search, access and reporting, including people in companies like Sanofi-Aventis and World Bank for business use, and Friendster, Lagardère Active and ViaMichelin for contextual consumer search. Exalead provides the industry’s only platform designed from the ground up to apply advanced semantic processing to Web-scale data volumes and usage. Exalead brings unique scalability, agility and usability to industries such as Banking, Retail, Publishing, Business Services, Life Sciences and Consumer Services where an easy access to information is essential.

"To accelerate the deployment of Search-Based Applications in all market sectors, we needed a strong international partner,” comments Alain Cotte, CEO, Exalead. “This alliance represents a tremendous opportunity for our partners and customers who will benefit from Dassault Systèmes’ global presence.” Exalead Co-Founder François Bourdoncle adds, “With our real-time search, natural language capabilities, Exalead provides a unique Web user experience. The combination with 3D represents the next generation of information technology for lifelike experiences. With Dassault Systèmes there will be a considerable increase in the number of people benefiting from our technology.”

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