Dassault Acquires Quintiq For $322 Million

Dassault Systems today announced the completion of the acquisition of Quintiq, an on-premise and on-cloud supply chain and operations planning and optimization software provider for approximately $322 million.

Quintiq has 800 employees and offerings include production, logistics and workforce planning applications. Quintiq is differentiated by leading optimization technology; a platform approach to covering long-term strategic to day-of-operational planning; and capabilities which go beyond supply chain to encompass full operations planning and optimization.

Quintiq will expand Dassault Systèmes’ DELMIA brand, adding the new product line of Operations Planning and Optimization to the existing ones of Digital Manufacturing and Manufacturing Operations Management. Quintiq provides new reach into industries such as metals, mining, oil & gas, rail, delivery and freight.