Who's Gonna Be #1?
Releasing the number means we can take a stab at calculating whether Dassault will be the world's largest CAD software company, once it completes the $600-million acquisition of IBM PLM next year.
IBM PLM would contribute an estimated $530 million to Dassault. Let's assume conservatively it earns around US$1.9 billion next year without IBM PLM, or $2.4 billion with IBM PLM.
Autodesk last year earned $2.3 billion, and maybe will do the same next year (after dipping below $2 billion this year). So the acquisition could well put Dassault over the top.