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Intergraph buys longtime partner
Tuesday, February 07, 2006
Intergraph Corp. announ-ced Monday it has purchased Alias Ltd., a software firm specializing in piping design automation. Alias is based in Manchester, England. Terms of the deal were not disclosed. The acquisition "is consistent with our Strategic Plan to allocate capital and focus resources on our core industries where we believe Intergraph has differentiated capabilities," Halsey Wise, Intergraph president and chief executive officer, said in a news release. He said Alias' products will expand Intergraph's product portfolio in its Process, Power & Marine division. The two companies have worked together since 1993, Intergraph officials said. "We are truly excited to be joining Intergraph after many years of successful partnership between the two companies," said David Lott, managing director of Alias. © 2006 The Huntsville Times |
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