Dassault Systèmes (Euronext Paris: #13065, DSY.PA) today announced the completion of the acquisition of No Magic, Incorporated, a global solutions company focused on model-based systems engineering, architecture modeling for software, system of systems and enterprise business processes modeling. The signing was announced on October 25, 2017 and the closing of the transaction follows completion of customary conditions, including receipt of foreign investment approvals in the United States and in Lithuania. No Magic is headquartered in Allen, Texas and has offices in Lithuania and Thailand.
The acquisition of No Magic strengthens Dassault Systèmes’ industry solution experiences based on the 3DEXPERIENCE platform by generalizing systems engineering for developing the “Internet of Experiences” – the smart and autonomous experiences that are digitally connecting products, nature and life in the physical world.
Enterprise customers, small companies and professionals in the aerospace and defense (NASA/JPL, Boeing, Lockheed Martin), transportation and mobility (Ford, Renault, Honda, BMW, Nissan), and other industries (Sony, Panasonic, John Deere, GE Healthcare, Pfizer, J.P. Morgan, PayPal) rely on No Magic’s solutions including its core product, MagicDraw, part of the Cameo Suite, for business process, architecture, software and system modeling with teamwork support. They gain dynamic visual insight, mitigate enterprise risk, lower costs and eliminate operational pain points caused by complex business and IT systems having multiple technologies and standards.
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Dassault Systèmes, the 3DEXPERIENCE Company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 220,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com