Engineering and Mining Journal - Whether the market is copper, gold, nickel, iron ore, lead/zinc, PGM, diamonds or other commodities, E&MJ takes the lead in projecting trends, following development and reporting on the most efficient operating pr
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SUPPLIERS REPORT Software Supplier Gemcom Acquired by Dassault Gemcom acquisition. "This acquisition will clearly benefit Gemcom's customer base, bringing global support and enterprise collaboration. Advanced technologies in 3-D modeling and sim- ulation will not only enable engineers and geologists to model and visualize resources but also improve sustainable mine productivity," he said. In a telephone interview, Moignard told E&MJthat; all of Gemcom's current products would continue to receive full support and would also retain their product names for the foreseeable future, clustered under the GEOVIA brand umbrella. Mining applications will remain the company's primary focus, but it is likely that the brand will expand to include products adapted or developed for other resource-related industries such as water management, forestry or similar applications. Dassault Systèmes' acquisition of Gemcom will lead to improved capabilities for collaboration between central offices and globally scattered worksites within the mining industry, said Gemcom CEO Rick Moignard. Dassault's strategy is to adapt its analysis, simulation, modeling and visualization technology to other markets. Dassault Systèmes in late April announced an agreement to acquire geological model- ing and simulation company Gemcom Software International for approximately US$360 million in a cash-only transaction. Privately-held Gemcom is headquartered in Vancouver and employs about 360 people. It has offices in Australia, Africa, Canada, South America, Kazakhstan, Mongolia, Indonesia and Russia. Dassault Systèmes, created as a spinoff from parent company Dassault Aviation in 1981 as a venture to further capitalize on the aerospace company's CAD/CAM expertise, is a public compa- ny based in Vélizy-Villacoublay, France, has a workforce of approximately 10,000 and reported 2011 revenue totaling $2.5 billion. A New Brand "With the acquisition of Gemcom, cou- pled with our 3D Experience platform capabilities, our objective is to model and simulate our planet, improving pre- dictability, efficiency, safety and sustain- ability within the natural resources indus- 148 E&MJ; • JUNE 2012 try and beyond," said Bernard Charlès, president and CEO, Dassault Systèmes. "To support this ambitious goal, we have created a new brand, GEOVIA." Rick Moignard, president and CEO of Gemcom, will become CEO of the GEOVIA group after completion of the Branching Out The acquisition was, in large part, driv- en by Dassault Systèmes' intended strategy of adapting and transferring its advanced aerospace and automotive analysis, simulation, modeling and visu- alization technology to other markets. Dassault, said Moignard, recognized an opportunity to enhance Gemcom's prod- uct portfolio through integration with its own leading-edge technology. Following the completion of the acquisition, all of Gemcom's software products—including SURPAC, pictured above—will retain their existing titles but will be clustered under the brand name GEOVIA. www.e-mj.com