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Dassault Systèmes Acquires IQMS for $425M

Dassault Systèmes (Euronext Paris: #13065, DSY.PA) today announced that it has entered into a definitive agreement to acquire IQMS, a leading manufacturing ERP software company, for $425 million. With the acquisition of the California-based IQMS, Dassault Systèmes extends the 3DEXPERIENCE platform to small and midsized manufacturing companies seeking to digitally transform their business operations.

The Brave New (and Old) World of Manufacturing

My original intention for this column was to discuss a phrase getting a lot of buzz lately, artificial intelligence (AI). By any measure, interest in AI is expanding exponentially, both in the number of articles one can read on the subject and, according to Google Trends, the number of searches for those articles.

CAD/CAM Tools Ease Programming Complexity

Advanced simulation, new toolpath techniques aid programming of highly complex machinery. CAD/CAM software developers continue to refine simulation capabilities and toolpath techniques that enable programming highly complex equipment including multiaxis and multitasking machine tools.

Northrop Grumman Lands $9.6-M Navy Torpedo Contract

The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.

Advanced Technology Depends on Controls, Design

Nothing seems so obvious in subtractive machining than that milling and turning processes really are very different: single point vs. multipoint tools; rotating workpiece vs. rotating tool; static tool vs. rotating tool, etc.