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Intergraph Acquires COADE®

发布日期:2010-02-02

Intergraph has acquired COADE® Holdings Inc., a provider of software for multiple plant design and engineering disciplines. COADE’s products include CAESAR II®, PV Elite,and TANK, the industry’s most widely used software for pipe stress, pressure vessel, and petrochemical storage tank analysis, as well as its popular CADWorx® plant design suite.

The strategic acquisition of COADE is Intergraph’s largest in the process, power and marine market. The acquisition brings together the world leaders in plant design and stress analysis. Expanding Intergraph’s SmartPlant® Enterprise design, construction, and data management solutions with COADE’s analysis offerings creates a robust portfolio that will provide users with unmatched capabilities and extends Intergraph’s ability to serve smaller projects, a significant part of owner operator CAPEX during the operating phases of the asset life cycle.

Each company’s customers will benefit from this acquisition. COADE’s customers will benefit from Intergraph’s large research, development, and global support teams specializing in engineering solutions, with uninterrupted support, maintenance, and software upgrades. And existing SmartPlant Enterprise clients will benefit from COADE’s extended scope and additional functionality to leverage design and modeling with pipe and vessel analysis. Deeper integration of design and stress analysis solutions will allow for a more seamless flow of engineering information among the software tools.