Design News is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Buying up software companies in the NASDAQ fire sale

Buying up software companies in the NASDAQ fire sale

Thursday, April 5, 2001

The hottest CAD/CAM/CAE buzzwords of 2001 are "peer-to-peer" and "collaborative." But although they've been echoed incessantly at trade shows and conferences for several months now, will these latest software concepts survive the recent NASDAQ carnage and imploding dot-coms?

There is no stronger answer to this question than yesterday's announcement by SDRC (Cincinnati, OH; that it would acquire Inovie Software Inc. (San Diego, CA; for an undisclosed price.

Translation: "It's not a recession, it's a buying opportunity." That theme was mirrored in last week's announcement by Dassault Systemes (Suresnes, France; that it would acquire SRAC (Los Angeles, CA; for $22 million.

Indeed, SDRC announced plans to expand its products in the buzzword areas, saying it would "combine its Metaphase product knowledge management (PKM) and Accelis e-Business integration suite (e-BI) with Inovie's collaborative project management offerings" to offer secure, Web-based collaboration in the manufacturing and supply chain enterprise. The new solutions will empower virtual business teams to better collaborate in the global e-workplace.

Let's hope for SDRC's sake that its new software products don't make a merely "virtual" profit.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.