June 14, 2004
UGS Acquiring D-Cubed
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UGS Acquiring D-Cubed
UGS announced a definitive agreement to acquire D-Cubed Ltd., a Cambridge, England-based supplier of embedded technology used by virtually all of the world's computer-aided design (CAD) application developers.
"The addition of D-Cubed products firmly positions UGS as the principal supplier of component software technology to the global PLM industry, and further validates our intention to remain the open solutions leader," said Tony Affuso, chairman, CEO and president of UGS. "The same PLM Open strategy and business model that have been so successful with our Parasolid software and JT Open initiative will continue to be employed with the D-Cubed family of products."
"As we begin our new chapter as an independent company, we welcome the world-class team of D-Cubed professionals to our UGS family," continued Affuso. "Uniting D-Cubed with UGS is an important part of our R&D growth strategy and we will continue to pursue the best ways to enhance our portfolio, build on our superior technology platform and add value for our customers."
The transaction is expected to close within 45 days, pending satisfaction of customary closing conditions.
D-Cubed develops and markets a suite of software component products that manage various aspects of geometric modeling functionality. The components are licensed by software development organizations for integration into their own end-user products. The majority of the world's leading mechanical CAD applications - including AutoCAD, CATIA, Inventor, IronCAD, Mechanical Desktop, One Space Designer, Pro/Desktop, Solid Edge, SolidWorks, thinkdesign, Unigraphics NX, and many more - contain one or more D-Cubed components, making its solutions the de facto industry standard.
"UGS' unmatched reputation for quality and integrity in supplying the PLM industry with component technology makes this transaction a perfect fit for D- Cubed," said D-Cubed president John Owen, who will continue working with UGS. "UGS' history of offering products like the Parasolid geometric modeling kernel on a 'level playing field' policy was a significant factor in our decision to work with UGS. We look forward to the increased market opportunities for D-Cubed technology that will result from this acquisition."
Concurrent with the announcement, UGS also introduced the product family name "PLM Components" as part of its growing business for industry standard component software products. The PLM Components product suite, which D-Cubed products will join upon the closing of the transaction, promote open innovation throughout the community of component adopters and enable seamless interoperability among applications in the PLM market. UGS plans to market its PLM Components products as part of the company's innovative PLM Open strategy - UGS' open approach to doing business and developing technology - while continuing to employ the company's unique level playing field business model.
PLM Components - UGS' fifth product suite in addition to Teamcenter, NX, Solid Edge and E-factory - consist of:
"We welcome and look forward to serving the D-Cubed customers, many of whom are already UGS customers using one or more of the products in our PLM Components suite," said Chuck Grindstaff, executive vice-president of PLM Products for UGS. "We will continue to provide these customers with the outstanding technology and product support they are accustomed to."
"As our industry's leading voice for openness to promote standardization and interoperability, UGS will continue to leverage the D-Cubed components that are already fully integrated into our NX and Solid Edge family of products," added Grindstaff.
its ownership. Right now it looks like business as usual, and only time will tell if any of the vendors have any reason for concern, although I don't believe that anything will change that would negatively impact any CAD product or company.
SolidWorks 2005 Launched
SolidWorks Corp. announced the newest version of its flagship software, solidifying it as the number one choice in the mainstream 3D mechanical design market. SolidWorks 2005 software delivers powerful drawing capabilities, unparalleled ease of use, and a host of new productivity features, accelerating the adoption of 3D design and speeding the pace of industry.
SolidWorks 2005 includes more than 250 customer-requested features and enhancements that help machine designers, mold designers, consumer product designers, and others become faster, more accurate, and more productive as they bring their innovations to market. These enhancements make SolidWorks 2005 the most expansive product in its market and the only one to encompass 3D design, analysis, product data management, collaboration, and injection-molded plastic part validation software in a single offering. Key improvements include:
will appreciate the new Flex feature. We can create the part in its molded state, yet can use this feature to 'flex' it by bending, stretching, or twisting the part in its "used" state. For the kind of work that I do, this is one of the most significant releases I've seen."
SolidWorks 2005 includes significant new features specifically for machine designers, mold designers, and consumer product designers.
cut lists, dictate mitred/angled cuts, and for the first time enable the quick creation of curved segments.
automatically creates all side core and lifter geometry necessary to extract finished parts from molds.
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-- Jeff Rowe, MCADCafe.com Contributing Editor.
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