MERGERS & acquisitions, RAPID prototyping, and CORPORATE growth
The article announces 3D Systems Corporation's acquisition of the business and assets of rapid prototyping and manufacturing service providers CEP and PROTOMETAL. The move was part of the firm's European expansion initiative for its 3Dproperts service. Abe Reichental, president and chief executive officer of 3D Systems, expressed pleasure over the acquisition of the two prototypers.
MERGERS & acquisitions, COMPUTER software industry, and CAD/CAM systems
The article reports on the acquisition by Autodesk Inc. of Algor Inc., a provider of analysis and simulation software, for about $34 million. The computer aided engineering software of Algor is used for product design and development in the automotive, aerospace and utilities industries. The transaction will strengthen the Autodesk solution for Digital Prototyping with new advanced simulation functionality. Autodesk executive Robert Kross said the company strives to offer manufacturers the most comprehensive Digital Prototyping solution on the market. Algor's software and services allow complex simulations on products ranging from mobile phones to oil pipelines.
MERGERS & acquisitions and COMPUTER industry mergers
The article reports on Synopsys Inc.'s acquisition of the CHIPit business unit of the company ProDesign. According to Gary Meyers, vice president and general manager of Synplicity Business Group, the acquisition will help the company to become the technology leader in end-to-end verification through extending its presence to the company Confirma in the rapid prototyping market segment. Moreover, the transaction between the two companies is subject to customary closing conditions.
MERGERS & acquisitions, COMPUTER software, CONSTRUCTION industry, and MANUFACTURES
The article reports on the acquisition by Autodesk Inc. of the assets of BIMWorld, a business specializing in the production and distribution of branded BIM content for building product manufactures. The deal will allow Autodesk to accelerate engagement with building product manufacturers and expand the content available in Autodesk Seek. Autodesk is a world leader in design software for the manufacturing, building and construction and media and entertainment markets. It has developed portfolio of Digital Prototyping solutions to help customers experience their ideas before they are real.