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.
COMPUTER software industry, COMPUTER-aided design, and CAD/CAM systems
This article presents news briefs related to the computer software industry. ESI Group Inc. of Chicago has released PAM-VA One, a software application that simulates the response of vibro-acoustic systems across the frequency spectrum. Moldflow Corp. of Framingham, Massachusetts, has released Moldflow CAD Doctor 2.0 and Moldflow Design Link 5.2. Radan 05, the latest release of the CAD and CAM software for sheet metal applications, is now available from Radan Computational of Bath, England. Roland DGA Corp. of Chicago has introduced the Packaging Prototyping System, an in-house application that makes prototypes of packaging in less than one day.