Double-digit growth, new contract at Simulia

Despite the tough environment for technology companies, Dassault Systèmes, the French parent company of Providence-based virtual testing developer Simulia, saw both its revenue and profit increase in the third quarter.

Simulia in particular gave a boost to the French software company, which reported 318 million euros in revenue and 43 million in profit for the quarter. Simulia’s revenue grew by double digits during the quarter, even when measured in constant currencies, Dassault said.

Full Story: Double-digit growth, new contract at Simulia Source: Providence Business News, November 19th, 2008 Author: Ted Nesi

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