By Olivia Bugault

France's Dassault Systemes SE is acquiring the remaining shares in Massachusetts-based NuoDB, both companies said Wednesday.

The French software maker already had a 16% ownership interest in the provider of a cloud-native SQL database that booked revenue of roughly $6 million in 2019.

The deal is scheduled to close in December, they said.

The companies didn't disclose the financial details of the transaction.

Write to Olivia Bugault at olivia.bugault@wsj.com

(END) Dow Jones Newswires

November 25, 2020 01:32 ET (06:32 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Dassault Systemes (EU:DSY)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024 Click aqui para mais gráficos Dassault Systemes.
Dassault Systemes (EU:DSY)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024 Click aqui para mais gráficos Dassault Systemes.