IQMS
Innovator in the design, development, and deployment of enterprise resource planning (erp) and mes software.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | $425m Valuation: $425m 7.1x EV/Revenue | Acquisition | |
| Total Funding | 000k | ||
| USD | 2017 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Company filings or news article
Related Content
In 1989, Randall Flamm, alongside his partner Nancy Flamm, founded IQMS in the heart of Paso Robles, California. The company embarked on a mission to revolutionize the manufacturing industry with its innovative ERP software solutions. Initially, IQMS introduced a DOS-based product named IQGenesis, which laid the foundation for its future offerings.
Over the years, IQMS steadily grew its reputation as a reliable provider of comprehensive ERP systems tailored for the manufacturing sector. The company's software enabled manufacturers to streamline operations, enhance productivity, and maintain quality control, making it an indispensable tool for its clients.
A pivotal moment in IQMS's journey came in December 2018, when it was acquired by Dassault Systèmes for $425 million. This acquisition marked a significant milestone, as it allowed IQMS to integrate its solutions into Dassault's expansive 3DEXPERIENCE platform, thereby broadening its reach and capabilities.
Today, IQMS continues to thrive under the umbrella of Dassault Systèmes, contributing to the digital transformation of manufacturing processes worldwide. The story of IQMS is a testament to the impact of strategic innovation and the value of aligning with global leaders to amplify one's mission.