Computer-aided design - AllThingsD

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IBM Sells Unit, Expands Buyback

William M. Bulkeley, Reporter, The Wall Street Journal in News on October 28, 2009 at 11:01 am PT

Dassault Systèmes SA agreed to pay $600 million to buy an International Business Machines Corp. unit that sells Dassault’s design software. The sale to Dassault, which makes software for computer-aided design and product management, removes one of the last vestiges of IBM’s once vast applications-software business.