October 7, 2022
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Dassault Systèmes acquires IQMS for $425 million

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Paso Robles-based manufacturing software firm IQMS was acquired by French 3-D design and software giant Dassault Systèmes in a $425 million cash deal Dec. 11. IQMS has been among the Pacific Coast Business Times 50 Fastest-Growing Companies, reporting 51 percent revenue growth between 2014 and 2016, and $59.8 million in revenue in 2017. Around half…

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