Dassault Systèmes Acquires Exalead Search Platform Provider

By DE Editors

Dassault Systèmes has acquired the French company Exalead for about €135 million. Exalead is a provider of search platforms and search-based applications (SBA) for consumer and business users.

Every month, more than 100 million people rely on Exalead for information search, access and reporting, according to the company. Exalead provides a platform designed to apply advanced semantic processing to Web-scale data volumes and usage.

"To accelerate the deployment of search-based applications in all market sectors, we needed a strong international partner,” says Alain Cotte, CEO, Exalead. “This alliance represents a tremendous opportunity for our partners and customers who will benefit from Dassault Systèmes’ global presence.” 

“The world of innovation is everywhere and information intensive”, says Bernard Charlès, president and CEO, Dassault Systèmes. “Everyone is looking for simplicity with intuitive applications, which value the rich information available inside and outside companies. With Exalead and its partners, we can provide a new class of search-based applications for collaborative communities.”

For more information, visit Dassault Systèmes and Exalead.

Sources: Press materials received from the company and additional information gleaned from the company's website.