Financial Daily from THE HINDU group of publications
Thursday, Jan 24, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Info-Tech - Software
Corporate - Alliances & Joint Ventures


Geometric Software pact with Dassault

Our Bureau


Mr Francis Bernard , Executive Advisor, Dassault Systems (left), and the Managing Director of Geometric Software, Mr Manu Parpia, at a press conference held in Mumbai on Wednesday.

MUMBAI, Jan. 23

GEOMETRIC Software Solutions Ltd on Wednesday announced setting up of a joint-venture company — 3d PLM Software Solutions — with Dassault Systems (DS), a Nasdaq-listed French multinational for software development for the DS group of companies.

The new company will have an initial equity based of Rs 1.3 crore of which Geometric and DS will hold 70 and 30 per cent respectively.

3d PLM Software Solutions will be subsidiary of Geometric Software.

Announcing the joint venture here, Mr Manu Parpia, Managing Director, Geometric said, ``We believe this joint venture reinforces our strategy to build expertise in the PLM space, while seeking to build alliances with market leaders''.

Mr Bruno Latchague, Executive Vice-President (R&D), DS said, ``Geometric has greatly contributed to the success of different brands through an outstanding partnership.''

Send this article to Friends by E-Mail

Stories in this Section
Bharti Tele prices IPO at Rs 45


Digital GlobalSoft directors changed
VisualSoft Q3 net plummets
InfoTech Q3 net up 71pc
Geometric Software pact with Dassault
TCS to expand Hyderabad operations; recruit more
AP sees marginal increase in software exports


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line