Processia announces completion of its acquisition by Atos
by CM Staff
With this acquisition, Atos is strengthening its ability to support manufacturing companies in their transformation and adoption of Industry 4.0 technologies.
LAVAL — On June 4, Processia, a product lifecycle management (PLM) systems integrator and global service partner of Dassault Systems, officially joins Atos, a company involved in digital transformation.
Processia’s head office will remain in Laval and the company will continue its current operations. This transaction hopes to help Processia, which becomes a subsidiary of Atos specialized in Product Lifecycle Management.
“I am very pleased to begin a new chapter in Processia’s history with our acquisition by Atos. This acquisition is a testament to our reputation and the quality of the services we offer in the PLM, product lifecycle management,” said Vincent Fraser, President and Co-Founder of Processia. “I would like to extend a warm thank you to all of our customers and employees as well as all of our partners who have supported our development over the past 20 years.”
“We are very pleased to close this transaction. This is an important milestone in the history of a local company that will soon more than double its size within Atos,” said Claude Dulude, Chairman of the Board of Processia. I am even prouder to have been able to accompany Vincent Fraser, an entrepreneur who has built a world-class company. This transaction will ensure Processia’s sustainability, in the best interest of our employees, our clients and partners, and the communities in which we operate.
“I would like to also thank the Fonds de Solidarité FTQ, a key institutional shareholder, for its support over the years. I would also like to acknowledge the support of Processia’s Board of Directors: Josée Dubuc, Thomas Emmrich, Renaud Caron, Stéphan Marois and Marc Allard. And finally, we wish Vincent and his team all the best as a new chapter begins today at Atos,” added Mr. Dulude.
With this acquisition, Atos is strengthening its ability to support manufacturing companies in their transformation and adoption of Industry 4.0 technologies, in line with its industry strategy. Through the acquisition of Processia, Atos will strengthen its PLM and engineering solutions franchise, while complementing its current offering of Siemens, PTC and Dassault Systèmes services. At the same time, Atos will expand its presence in North America and Europe, including Belgium, Canada, France, India, the Netherlands, the United Kingdom and the United States.