MatrixOne has agreed to be acquired by Dassault Systemes SA for $408M - Westford, MA

Westford’s MartixOne Inc., a maker of product lifecycle management software, has agreed to be acquired by France’s Dassault Systemes SA in a cash deal worth approximately $408 million. Dassault, a maker of computer-aided design, manufacturing, engineering, and product lifecycle management software, will pay $7.25 per share for MatrixOne stock. With its corporate headquarters in Westford, MatrixOne has 488 employees and 26 offices in North America, Europe and Asia Pacific.

http://www.matrixone.com/dassault/release.pdf