INTRODUCTION: Today is a day that will change the way the mining Industry uses technology. Gemcom Software International www.gemcomsoftware.com has signed a definitive agreement to be acquired by Dassault Systèmes www.3ds.com, the 3D Experience Company and world leader in 3D design, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions.
Dassault Systèmes, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. This is a great evolutionary step in the life of Gemcom, the privately-held Vancouver-based world leader in mining software solutions. The journey over the last 27 years has taken Gemcom from an owner-managed company, through a merger with Surpac, to being a small capital public Company, and to its current statis as a private Company owned by Private Equity Investors. Each one of these has been a great step towards where we are today.
Gemcom and Dassault Systèmes will be creating a new brand, GEOVIA. Pplease read the attached press release to find out more about this exciting opportunity to transform technology for the Natural Resources sector.
To discuss this further and to set up an interview, please contact:
Marketing and Communications Specialist
Gemcom Software International Inc.
1066 West Hastings St., Suite 1100
Vancouver, B.C. Canada V6E 3X1
Phone: 1- 604-684-6550, ext. 4469
Dassault Systèmes To Acquire
Gemcom Software International
Expanding 3DExperience to Nature
VÉLIZY-VILLACOUBLAY, France — April 26, 2012 — Dassault Systèmes (Euronext
Paris: #13065, DSY.PA), the 3DExperience Company, world leader in 3D design, 3D
Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced
its intent to acquire geological modeling and simulation company Gemcom Software
International (Gemcom) for approximately US$360 million. Privately-held Gemcom is the
world leader in mining industry software solutions, headquartered in Vancouver.
“With the acquisition of Gemcom, coupled with our 3D Experience platform capabilities,
our objective is to model and simulate our planet, improving predictability, efficiency,
safety and sustainability within the Natural Resources industry and beyond,” said
Bernard Charlès, President and CEO, Dassault Systèmes.
“To support this ambitious goal, we have created a new brand, GEOVIA. Raw material provisioning and long term
resource availability is a major concern for society. Today’s announcement is a
significant step towards fulfilling our purpose of providing 3D experiences for imagining
sustainable innovations to harmonize products, nature and life.”
Today’s mining industry, the primary user of Gemcom’s software, is growing quickly.
There are more than 5,500 operating mines worldwide and approximately 15,000 mining
projects. The associated mining software market is experiencing strong growth, with
third-party analysts estimating a double-digit trend for the foreseeable future.
”This acquisition will clearly benefit Gemcom’s customer base, bringing global support
and enterprise collaboration. Advanced technologies in 3D modeling and simulation will
not only enable engineers and geologists to model and visualize resources but also
improve sustainable mine productivity,” said Rick Moignard, President and CEO,
Gemcom. “We believe that with Dassault Systèmes’ support we will be able to address
global issues for our customers as a real partner. None of our competitors can match
that in this industry.” Rick Moignard will become the CEO of the newly created GEOVIA
brand, after completion of the Gemcom acquisition.
After the closing of the transaction, Gemcom’s 360 employees and management will
remain in place and continue serving the mining industry. By leading the new GEOVIA
organization, Gemcom’s management will champion the further development of
Dassault Systèmes’ strategy of modeling the natural world. In addition, Gemcom’s
current offices will further extend the overall geographic reach of Dassault Systèmes in
Australia, Africa, Canada, South America, Kazakhstan, Mongolia, Indonesia, and Russia.
Dassault Systèmes and Gemcom have entered into a definitive acquisition agreement
whereby Dassault Systèmes will acquire Gemcom in an all cash transaction. The
completion of the acquisition is subject to normal closing conditions, including regulatory
approvals. The transaction is expected to be completed in July 2012, and Gemcom to be
accretive to Dassault Systèmes non-IFRS earnings and neutral to its non-IFRS
About Gemcom Software International
When mining companies seek to increase mine productivity, they turn to Gemcom for technology and
services. The Company is home to world-renowned mining solutions like GEMS, Surpac, Minex, Whittle,
and InSite, and to industry thought leaders who are pushing the boundaries of what’s possible in
mining. Established in 1985, Gemcom is privately held and owned by JMI Equity Fund VI, L.P., the Carlyle
Group, Pala Investments Holdings Limited and has a global reach delivering comprehensive solutions in all
major mining centres in more than 130 countries. Every major mining company, including BHP Billiton,
Codelco, De Beers, Newmont and Vale is a Gemcom client. Through a combination of organic growth and
strategic acquisitions, the Company has become the largest global supplier of mining software solutions. For
more information, visit www.gemcomsoftware.com.
About Dassault Systèmes
Dassault Systèmes, the 3D Experience Company, provides business and people with virtual universes to
imagine sustainable innovations. Its world-leading solutions transform the way products are designed,
produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding
possibilities for the virtual world to improve the real world. The group brings value to over 150,000
customers of all sizes, in all industries, in more than 80 countries. For more information, visit www.3ds.com.
CATIA, SolidWorks, ENOVIA, SIMULIA, DELMIA, 3D VIA, 3DSwYm, EXALEAD, and Netvibes are
registered trademarks of Dassault Systèmes or its subsidiaries in the US and/or other countries.
Dassault Systèmes Press Contacts
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