Dassault Systemes (Paris: DSY) is paying $750 million to acquire 3D technology company Accelrys Inc. (Nasdaq: ACCL).

Accelrys, headquartered in San Diego, develops scientific research and development software, used for scientific data management, modeling and simulation, research informatics, laboratory informatics, quality management, environmental health and safety and operations intelligence for customers in science-driven industries.

The purchase price works out to $12.50 per Accelrys share.

Velizy-Villacoublay, France-based Dassault provides 3D design software, 3D digital mock up and product-lifecycle management services. Dassault says the combination should enhance its molecular chemistry capabilities for the life sciences, consumer packaged goods, high tech and energy and manufacturing industries.

Accelrys has built up the company through acquisitions. The company bought Qumas, which develops technology that provides closed-loop compliance and standardization, in December. In September, the company bought ChemSW Inc., which develops chemical inventory management software, for $17.3 million. In November 2012, the company acquired Aegis Analytical Corp., which develops a manufacturing intelligence software. 

Foros acted as Dassault’s financial adviser, while Cravath Swaine & Moore LLP provided legal advice. Morgan Stanley was financial adviser to Accelrys, and Paul Hastings LLP acted as legal counsel.

Business services