Deals
Dassault Systemes Targets M&A in Simulation and Life Sciences
- Company prepared to chase deals over $1 billion in key areas
- Tesla, Blue Origin, Joby Aviation among software clinets
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Dassault Systemes SE, the European software maker that counts Tesla Inc. and Jeff Bezos’ Blue Origin LLC among its clients, is prepared to chase deals over $1 billion in augmented reality and life sciences.
“We’ve been doing acquisitions in our sector from a few million to a billion” dollars, Chief Executive Officer Bernard Charles said in an interview. “We are looking at transactions that would fit in that range, or even higher if necessary, but it has to be relevant.”