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 email@example.com
(END) Dow Jones Newswires