Assima’s technology is used by more than 170 companies worldwide, including Nestlé, Renault and Nike. The London company creates graphical simulations of software programs, which help clients to train staff on IT applications such as SAP. Co-founded by Frenchmen Michel Balcaen and Eric Duneau, Assima secured £2m of funding from France Telecom’s venture-capital arm in 2004. The acquisition of the consultancy DACG and the American firm SystemLink have helped to boost sales 195% a year from £651,000 in 2003 to £5.7m in 2005. The company hopes to float on a European stock market later this year.
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