CIMdata PLM Industry Summary Online Archive
19 January 2005
Acquisitions
Intergraph Acquires EYECAD 3D Plant Design Software From Asahi Kasei Engineering
Intergraph Corporation announced that it has acquired the EYECAD 3D plant design software and related customer contracts from Asahi Kasei Engineering Corporation, based in Tokyo, Japan. EYECAD is a 3D plant design system used by more than 150 customers in Japan. The combined organization will market and support both Intergraph and EYECAD software and services in the Japanese market. Terms of the acquisition were not disclosed.
"The EYECAD transaction is consistent with our strategic plan as it enables a further expansion of our Process, Power & Marine division into the Asia Pacific region and represents an effective use of capital," said Halsey Wise, President and CEO of Intergraph.
Intergraph plans to maintain EYECAD 6.2 for existing Japanese customers and provide enhancements through SmartPlant® technology, including improved drawing production and new 3D visualization capabilities. Capitalizing on the engineering expertise contained within EYECAD, Intergraph plans to incorporate into the SmartPlant® software suite Japanese specifications and materials reference databases for piping, electrical, instrumentation and related disciplines. EYECAD engineering knowledge and resources will also accelerate localization of the SmartPlant suite for the Japanese market.
Gerhard Sallinger, President, Intergraph Process, Power & Marine, said, "The acquisition of EYECAD represents new market opportunities for Intergraph in Japan as well as technology enhancements for EYECAD customers. The Japanese market remains a key gateway for Intergraph into the entire Asia Pacific region. The addition of Japanese specifications to the SmartPlant suite provides a business and technical edge not only for Japanese engineering firms but also for international companies designing and constructing plants throughout Asia Pacific."
Process, Power & Marine ( http://ppm.intergraph.com ), a division of Intergraph Corporation, helps worldwide clients bring together the people, work processes and advanced software technology to create the SmartPlant Enterprise.
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