Friday, April 1, 2011

CAD software maker Revware buys MicroScribe from Immersion Corp. - Business Courier of Cincinnati:

http://www.kovai.org/user_detail.php?u=Obserrery
CAD in an acronym for computer-aided design. Immersion has severa business lines with products developed for applicationsd ranging from gaming to medical Revware president Tom Welsh said that his company has been usinvg MicroScribe products for 15 yeara and when he saw that Immersiobn was looking tosell MicroScribe, he jumped on the “We are going to be able to focus on MicroScribse in a way that Immersion was not able Welsh said.
Revware was formerlyt known as , a company that was a softwarr developer as well as a resellert of the SolidWorks CAD The company grew in the 1990s along with the technologu bubble andin 2001, Design Automatioj made Triangle Business Journal’s annual rankinv of the 50 fastest-growing companiexs in the Raleigh-Durham Welsh said Design Automation, whicyh peaked at 15 employees, had pare d down since the technology bubble burst. Revware has fewer than five Welsh said with the acquisitionmof MicroScribe, the company will grow in Raleigh and on the West But he declined to saying that negotiations are still under way.
Welsh did say Revwars is taking steps to reactivate resale channelsfor MicroScribe.

No comments:

Post a Comment