3DPLM
Owners:
Dassault Systemes
Owners
2016
On May 23, 2016 the Dassault Systèmes company and Geometric company announced that they reached the agreement under the terms of which Dassault Systèmes will acquire all property rights to 3DPLM of Software Ltd. (3DPLM), Dassault Systèmes joint venture and Geometric Ltd company in India.
The transaction is a part of a combination within which business of Geometric is transferred to HCL Technologies Ltd and along with this Geometric Ltd. integrates in 3DPLM therefore Dassault Systèmes receives 100% ownership 3DPLM. Transaction is performed according to the scheme meaning receiving approval from shareholders, the High Court and other authorities. In exchange for a share in 3DPLM shareholders of Geometric Ltd. will receive one (1) registered on the stock exchange the exclusive stock 3DPLM of 68 rupees which is subject to the redemption on one (1) stock Geometric Ltd., with an annual exclusive dividend in the amount of 7%. The deal will be closed approximately during the fourth quarter 2016. Financial statements 3DPLM are already consolidated with the financial statements Dassault Systèmes. Completion of transaction will not have an impact on indicators of income and expenses.
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