04.27.11
Dassault Systèmes, a provider of 3D and product lifecycle management (PLM) solutions, acquired Enginuity PLM, a provider of formula-based PLM and widely acknowledged as the best-in-class solution. The amount of the transaction was not disclosed.
Demonstrating its broad industry focus, the addition of Enginuity expands Dassault Systèmes' suite of collaborative business process solutions based on the Enovia V6 platform. Using Enovia V6, formula-centric companies in the pharmaceutical, personal care, cosmetics, food and beverage, flavor/fragrance industries will be able to accelerate product innovation and product launches while successfully navigating complex regulatory requirements and more effectively managing and leveraging their formula, packaging and consumer Intellectual Property (IP) in a single, global PLM solution, according to the company.
Enginuity provides a highly-intuitive, digital work environment that empowers innovators to capture all product development information for formula design in real-time, as the innovation happens – eliminating the time-consuming effort of documenting data in a separate system. This approach also provides the entire R&D organization secure access to all current and historical product development data exactly when they need it – allowing them to leverage the company’s intellectual property to avoid past mistakes and leverage past successes.
Dr. John Sottery, founder and CEO, Enginuity commented, “For the past 18 years we have focused on helping a number of the world’s largest and most successful formula-based companies address a fundamental industry dilemma – how to accelerate innovation and reduce time-to-market while simultaneously navigating an increasingly complex global regulatory environment. By combining our best-in-class formula PLM solution and deep industry domain knowledge with Dassault Systèmes’ Enovia V6 PLM platform, I believe that we will revolutionize how our customers develop and launch formulated products.”
Demonstrating its broad industry focus, the addition of Enginuity expands Dassault Systèmes' suite of collaborative business process solutions based on the Enovia V6 platform. Using Enovia V6, formula-centric companies in the pharmaceutical, personal care, cosmetics, food and beverage, flavor/fragrance industries will be able to accelerate product innovation and product launches while successfully navigating complex regulatory requirements and more effectively managing and leveraging their formula, packaging and consumer Intellectual Property (IP) in a single, global PLM solution, according to the company.
Enginuity provides a highly-intuitive, digital work environment that empowers innovators to capture all product development information for formula design in real-time, as the innovation happens – eliminating the time-consuming effort of documenting data in a separate system. This approach also provides the entire R&D organization secure access to all current and historical product development data exactly when they need it – allowing them to leverage the company’s intellectual property to avoid past mistakes and leverage past successes.
Dr. John Sottery, founder and CEO, Enginuity commented, “For the past 18 years we have focused on helping a number of the world’s largest and most successful formula-based companies address a fundamental industry dilemma – how to accelerate innovation and reduce time-to-market while simultaneously navigating an increasingly complex global regulatory environment. By combining our best-in-class formula PLM solution and deep industry domain knowledge with Dassault Systèmes’ Enovia V6 PLM platform, I believe that we will revolutionize how our customers develop and launch formulated products.”