Dassault acquires key assets from ASCon Systems

King & Spalding advises Dassault on the acquisition of key assets from ASCon Systems in insolvency proceedings.

French software developer Dassault Systèmes SE purchased the key assets of ASCon Systems Holding GmbH immediately after insolvency proceedings were opened on May 28, 2025, and took on a significant portion of the workforce.

ASCon, founded in 2017, specializes in the development of a cloud-based automation platform (“edge-to-cloud automation”) that is used primarily in the automotive industry. Despite well-known customers, a broad range of product applications, numerous start-up awards, and financing rounds, the deep tech company had to file for insolvency at the end of March 2025.

Dassault Système is part of the Dassault Group and is known for its 3D design software, 3D digital mock-ups, and product lifecycle management solutions. Through the transaction, Dassault has in particular acquired significant intellectual property rights

The King & Spalding team advising Dassault on the transaction included Dr. Peter Memminger, Benjamin Köpple, Dr. Peter Stainer, Martin Wolff, and Florian Geuder.