Challenge: A well-known high-tech company got hit hard in the aftermath of the Japanese earthquake and tsunami a few years ago. The disaster not only negatively impacted the company’s financial results, it did extensive longer-term damage that was harder to repair.
Dassault Systèmes B.V., a vendor of software for product design and lifecycle management, has signed a definitive agreement to acquire Quintiq, the provider of operations planning and optimization software.
The maker of wireless infrastructure opted to outsource its manufacturing to Asia. In the process, it was confronted with a host of problems related to a lack of visibility and poor communications with the chosen partner. It was time to automate the process, and get everybody on the same page.
Anticipating dramatic growth in its business, the 2009 high-tech start-up acquired an optimization tool that could easily scale up in the years ahead - yet deliver a full range of services in the meantime.