Providence's Simulia parent to buy Engineous for $40M

"Simulation and product lifecycle management (PLM) software developer Dassault Systèmes has agreed to acquire Cary, N.C.-based Engineous Software Inc. for about $40 million and combine it with DS’ Simulia simulation-software division, the companies said in a joint announcement."

Full Story: Simulia parent to buy Engineous for $40M Source: Providence Business News, June 18th, 2008

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