And then there were two
The number of knowledge-based, high-end CAD companies is dwindling
fast, as the biggest of them move toward acquisitions that go beyond CAD and
into the burgeoning world of product lifecycle management (PLM).
Electronic Data Systems Corp. (EDS, www.eds.com) raised the PLM stakes yesterday by
announcing an agreement to purchase Structural Dynamics Research Corp. (SDRC, www.sdrc.com). At the same time, EDS announced
that it will offer to buy its publicly held UGS subsidiary.
The acquisition of SDRC by EDS creates a combined organization
with comprehensive offerings for product design, manufacture, simulation,
visualization, information management, and Internet-based collaboration. Both
companies will be combined under the UGS name, and Tony Affuso, UGS president
and CEO, will become president of the new business line.
This move by EDS takes place less than two months after Dassault
Systemes (www.dsweb.com) expanded its share
of the PLM market by acquiring FEA vendor SRAC (www.srac.com), and less than a month after its
announced CAE partnership with MSC.Software (www.mscsoftware.com).
Noting the development of a "network-based revolution in the way
products are designed, developed, and manufactured" over the last two years, EDS
chairman and CEO Dick Brown says, "UGS has given us a window on this change and
on the emergence of product lifecycle management, where digitized information is
shared instantly and globally. Now is the time to move quickly and decisively to
capture opportunities in this space."
SDRC (Milford, OH) is the developer of I-DEAS CAD/CAM/CAE and
Metaphase PDM programs. UGS (Cypress, CA) is the developer of the Unigraphics
and Solid Edge CAD programs, Parasolid modeling software, iMAN PDM, and EAI