Autodesk Completes Acquisition Of CAiCE Software Corporation; CAiCE Will Serve as the Core of the New Transportation Group Aimed at the Public and Private Sector.Business Editors
SAN RAFAEL San Rafael (săn rəfĕl`), residential city (1990 pop. 48,404), seat of Marin co., W Calif., a suburb of San Francisco on the northern shore of San Francisco Bay; inc. 1913. , Calif.--(BUSINESS WIRE)--Sept. 27, 2002
Autodesk, Inc. (Nasdaq:ADSK ADSK Autodesk, Inc. (NASDAQ stock symbol) ), the leading design software and digital content company, today announced it has completed the acquisition of CAiCE Software Corporation, a Florida-based developer that specializes in providing innovative survey, construction, and highway design software solutions to Departments of Transportation (DOT's) and their consultants. The deal closed September 26, 2002. Autodesk also announced that it has formed the new Transportation Group within the Autodesk GIS (1) (Geographic Information System) An information system that deals with spatial information. Often called "mapping software," it links attributes and characteristics of an area to its geographic location. Solutions Division.
The new Transportation Group builds on the strength of CAiCE's expertise to focus on delivering powerful visualization Using the computer to convert data into picture form. The most basic visualization is that of turning transaction data and summary information into charts and graphs. Visualization is used in computer-aided design (CAD) to render screen images into 3D models that can be viewed from all , survey, design, and workflow capabilities specific to highways, airports, railroads, and other transportation agencies and consultants in the public and private sector. Alan Akman, former CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CAiCE Software Corporation, who was named Director of Industry Marketing -- Transportation following the acquisition, will lead the group.
"Having a single set of design data that flows across the planning, design, construction, and maintenance of transportation projects is very important to large transportation agencies," said Larry Diamond Larry Diamond is a professor, lecturer, adviser, and author on foreign policy, foreign aid, and democracy. In early 2004, he was a senior adviser on governance to the Coalition Provisional Authority in Iraq. , vice president of the GIS Solutions Division at Autodesk. "Since we announced the acquisition, the feedback from customers has been extremely positive. They understand the value of combining CAiCE's transportation software with Autodesk's civil engineering and GIS applications to increase efficiency, cut costs, and expand the workflow to include the planners, engineers, and consultants."
Founded in 1982, Autodesk, Inc., is the world's leading design software and digital content company. The company serves a diverse portfolio of markets, including building design, geographic information systems geographic information system (GIS)
Computerized system that relates and displays data collected from a geographic entity in the form of a map. The ability of GIS to overlay existing data with new information and display it in colour on a computer screen is used primarily to , manufacturing, digital media, and wireless data services. By delivering tools that foster innovation and creativity, Autodesk helps customers create, use and leverage their digital design data. For more information about the company, see http://www.autodesk.com.
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