| 1:04 AM EST

Dassault Inks New PLM Deal with BMW

Dassault Systemes Inc. says it has won a 10-year contract with BMW AG to supply its V6 product lifecycle management software to develop vehicle electrical, electronics and embedded software systems.
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Dassault Systemes Inc. says it has won a 10-year contract with BMW AG to supply its V6 product lifecycle management software to develop vehicle electrical, electronics and embedded software systems.

The supplier says the software should save BMW a "significant" amount of money by making the development process more efficient. Dassault says the first BMWs with electronics systems developed using its software will debut in 2013-2014.

The new contract is separate from the five-year deal Dassault and BMW signed last spring for PLM software for powertrain, body-in-white and other vehicle systems.

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