Dassault Systèmes confirms 2026 outlook, bets on AI with $1.8 billion ArisGlobal deal
FILE PHOTO: A logo of Dassault Systemes SE is seen on a company building in Paris, France, January 27, 2023. REUTERS/Sarah Meyssonnier/File Photo
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
July 23 : French software maker Dassault Systèmes confirmed its full-year outlook on Thursday after reporting second-quarter revenue in line with expectations and announced the acquisition of U.S.-based life sciences software company ArisGlobal to deepen its push into artificial intelligence.
The company, whose software is used by automakers, aircraft manufacturers, industrial companies and drugmakers, reported second-quarter revenue of 1.56 billion euros ($1.80 billion), up 4 per cent at constant currencies, driven by growth in subscription and cloud software sales.
In a separate statement, Dassault said it would buy ArisGlobal for about $1.8 billion in cash, with up to $200 million in additional payments tied to multi-year AI-related revenue targets. The deal is expected to close in the second half of 2026, subject to regulatory approvals.
The acquisition expands Dassault’s presence in life sciences software as drugmakers increasingly use AI to speed up clinical development, regulatory submissions and patient safety monitoring.
Guess Word
Crack the word, one row at a time
Buzzword
Create words using the given letters
Mini Sudoku
Tiny puzzle, mighty brain teaser
Mini Crossword
Small grid, big challenge
Word Search
Spot as many words as you can
The deal should be accretive to revenue growth and earnings per share in the first year after closing, it added.
The acquisition also comes as Dassault’s Life Sciences business, which includes clinical trials software firm Medidata, remains under pressure. Revenue from the segment fell 4 per cent in the second quarter, while Medidata revenue declined 3 per cent.
By contrast, its core industrial software business remained strong, with cloud software revenue rising 14 per cent, driven mainly by manufacturing customers.
Europe was flat in the quarter, weighed down by weakness in the region’s automotive sector, while revenue rose 5 per cent in the Americas and 8 per cent in Asia.
Dassault also reaffirmed its 2026 targets.
($1 = 0.8748 euros)
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
About The Author
