MatrixOne
Encyclopedia
ENOVIA MatrixOne or MatrixOne is a provider of Internet
business collaboration software. The company is a subsidiary
of Dassault Systemes
.
MatrixOne specializes in Product Lifecycle Management
(PLM
). Most customers of MatrixOne are Fortune 1000
companies. For the year 2004 they reported 650 global customers. Their flagship product is the Matrix10, which consists of a bundle of business process
applications based on a common interoperable foundation platform.
The AAcompany has its headquarters in Lowell, Massachusetts
and several offices throughout United States, Canada, Europe, Asia, and Pacific Rim. As of 2005, MatrixOne employs approximately 650 people globally. MatrixOne was founded in 1983 as Adra Systems and changed its name in 1997. The company held its initial public offering
of shares in March 2000.
On March 2, 2006, Dassault Systemes
announced their $408 million buyout of MatrixOne. The company was subsequently renamed ENOVIA MatrixOne at that time.
Internet
The Internet is a global system of interconnected computer networks that use the standard Internet protocol suite to serve billions of users worldwide...
business collaboration software. The company is a subsidiary
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...
of Dassault Systemes
Dassault Systemes
Dassault Systèmes S.A. is a leading company specializing in 3D and PLM software.Dassault Systèmes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire lifecycle of products from conception to maintenance to recycling...
.
MatrixOne specializes in Product Lifecycle Management
Product lifecycle management
In industry, product lifecycle management is the process of managing the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal...
(PLM
PLM
PLM may refer to:*Chemins de fer de Paris à Lyon et à la Méditerranée , a French railway company*Pamantasan ng Lungsod ng Maynila , University of the City of Manila*Partido Liberal Mexicano, a pre-1910 Revolution Mexican political party...
). Most customers of MatrixOne are Fortune 1000
Fortune 1000
Fortune 1000 is a reference to a list maintained by the American business magazine Fortune. The list is of the 1000 largest American companies, ranked on revenues alone...
companies. For the year 2004 they reported 650 global customers. Their flagship product is the Matrix10, which consists of a bundle of business process
Business process
A business process or business method is a collection of related, structured activities or tasks that produce a specific service or product for a particular customer or customers...
applications based on a common interoperable foundation platform.
The AAcompany has its headquarters in Lowell, Massachusetts
Lowell, Massachusetts
Lowell is a city in Middlesex County, Massachusetts, USA. According to the 2010 census, the city's population was 106,519. It is the fourth largest city in the state. Lowell and Cambridge are the county seats of Middlesex County...
and several offices throughout United States, Canada, Europe, Asia, and Pacific Rim. As of 2005, MatrixOne employs approximately 650 people globally. MatrixOne was founded in 1983 as Adra Systems and changed its name in 1997. The company held its initial public offering
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
of shares in March 2000.
On March 2, 2006, Dassault Systemes
Dassault Systemes
Dassault Systèmes S.A. is a leading company specializing in 3D and PLM software.Dassault Systèmes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire lifecycle of products from conception to maintenance to recycling...
announced their $408 million buyout of MatrixOne. The company was subsequently renamed ENOVIA MatrixOne at that time.