Open side-bar Menu
 Jeff's MCAD Blogging

Archive for May 1st, 2014

ANSYS Acquires SpaceClaim: May the Force(s) Be With Them

Thursday, May 1st, 2014

Well, another CAD company is snapped up, and the technical software consolidation train continues to roll on. That in itself is not too surprising. What is, though, is that a CAE company has acquired a CAD company.

ANSYS announced earlier today that it has acquired SpaceClaim Corp. for a purchase price of $85 million in cash, plus retention and an adjustment for working capital. The transaction closed on April 30, 2014.

ANSYS SpaceClaim Overview
From the beginning, SpaceClaim said it offered a 3D modeling tool that could be used by more than just CAD experts during the product development process (and this is a key point to the acquisition). According to SpaceClaim, this is made possible because of a process, called “direct modeling,” that differs dramatically from traditional CAD software, which is used by a relatively small percentage of engineers – typically late in the development process, to document the detailed design. While direct modeling itself is not unique, SpaceClaims implementation of it is. (more…)

Colortrac: LearnMore
TurboCAD pro : Start at $299

Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise