Moving forward with the Next100 strategic plan with two new acquisitions

  • Plan to acquire a SOLIDWORKS distributor based in a non-French-speaking region to accelerate the Group’s international expansion
  • Acquisition of a majority stake in start-up TimeLab, a data analysis platform developer, to add the Internet of things (IoT) and Big Data to the Moovapps suite.

Visiativ, publisher and integrator of innovative software platforms, is moving forward with its strategy to make targeted and value-adding acquisitions in line with the objectives of its Next100 strategic plan. The Group announced that it has signed a letter of intent to purchase an independent distributor of SOLIDWORKS solutions by Dassault Systèmes that is based outside France. Visiativ also wrapped up the acquisition of a 70% equity share in French start-up TimeLab, developer of a platform for analyzing data from sensors and connected objects.