Hexagon acquires Intergraph for $2.13 Billion

Well, it’s finally done. Intergraph Corporation today announced it has signed a definitive agreement to be acquired by Hexagon AB in a transaction valued at approximately $2.125 billion. For a quick refresher, Intergraph was taken private in 2006 by an investor group...

Acquisition fever building

Hot on the heels of yesterday’s $5.8 billion deal which has Sybase joining SAP in the battle against Oracle, comes news that IBM may be entering the acquisition fray. According to an article at BusinessWeek [online edition], IBM is rolling out a plan to spend $20...

Intergraph acquires COADE

Huge news: Intergraph, a supplier of high-end plant design and data management tools, announced today that it had acquired COADE, a privately-held supplier of AutoCAD-based plant design and stress analysis tools. Terms of the deal were not disclosed; the COADE team...

New alliance shakes up plant design CAD world

Intergraph and Autodesk announced today that they have reached an agreement that allows Autodesk to embed Intergraph ISOGEN into AutoCAD Plant 3D. ISOGEN, with about 50,000 users worldwide, is often considered the industry standard for the automatic production of...

Small world: Gallello takes reins at MSC

Symphony Technology Group (STG) announced today that it has completed its acquisition of MSC Software for a grand total of $390 million and that Dominic Gallello will be taking over as CEO. According to the press release, STG "will build a stronger company,...

Catching Up: Bentley, Intergraph, PTC, Siemens and COFES

I may be quite busy and on travel, but the engineering software world rolls on. A couple of interesting tidbits: – According to Greg Bentley, CEO of Bentley Systems, engineering software provides significant return on investment by improving standards of living...

Solid shipbuilding

Say you want to build a yacht and, since you’re a competitive person, you want to be able togloat at Larry Ellison the next time you run into him in Cannes. That means your yachtneeds to be bigger and better than his — or, according to Wikipedia, have at...