Dassault Buys Enginuity

Product lifecycle management software maker Dassault Systemes, whose U.S. headquarters are in Lowell, MA, said today that it has acquired Milford, CT-based Enginuity PLM, a maker of formula-based product development software. The acquisition expands Dassault’s reach to customers in the pharmaceutical, cosmetics, personal care, fragrance, and food and beverage spaces. Financial terms of the deal were not disclosed

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.