CADD Firms Announce Acquisitions
Several makers of computer drafting and design (CADD) software have made acquisitions of smaller, niche firms recently.
Pennsylvania-based, Bentley Systems announced recently that it had acquired Cook-Hurlbert. Based in Austin, Texas, Cook-Hurlbert provides engineering design software for electric and gas distribution networks. Financial terms were not announced.
Intergraph Corporation recently purchased Alias Ltd. of Manchester, England. Alias provides piping design automation software for use in plant and ship design. Alias has been an Intergraph OEM partner since 1993. Terms of the transaction were not disclosed.
Autodesk, Inc. announced today that is signed a deal to buy Constructware for $46 million. Constructware, which is based in Alpharetta, Georgia, provides on-demand communication and collaboration solutions that streamline design, construction and facility project management. Autodesk says adding the company's software to its product line is part of its plan to deliver collaborative project management solutions. The deal is expected to close in March.