Intergraph Acquires 100% Ownership of Z/I Imaging.Business Editors & Technology Writers HUNTSVILLE, Ala.--(BUSINESS WIRE)--Oct. 2, 2002 Consolidation strengthens Intergraph's end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. in remote sensing Deriving digital models of an area on the earth. Using special cameras from airplanes or satellites, either the sun's reflections or the earth's temperature is turned into digital maps of the area. , photogrammetry photogrammetry: see aerial and satellite photography. and GIS/mapping Intergraph (Nasdaq:INGR) announced today that it has signed an agreement with the Carl Zeiss
Carl Zeiss (September 11, 1816 – December 3, 1888) was an optician commonly known for the company he founded, Zeiss. Group to acquire its minority interest in Z/I Imaging, making the earth imaging company a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Intergraph. Z/I Imaging, formerly a joint venture between Zeiss and Intergraph, is a world leader in the earth imaging industry, offering solutions for the acquisition, exploitation, management and distribution of imagery. Intergraph Chairman and 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. Jim Taylor This article is about the NFL football player. For other uses, see Jim Taylor (disambiguation). James Charles "Jim" Taylor (born September 20, 1935) is a former professional football player. Taylor played for ten NFL seasons, from 1958-67. said, "Intergraph was a pioneer in computer-aided mapping and photogrammetry, and for 30 years has been a market leader in mapping and GIS. Owning all of Z/I Imaging will make it easier for us to consolidate our leadership position as a premier supplier of end-to-end geospatial solutions." Z/I Imaging will merge with Intergraph's Mapping and GIS Solutions division to provide a total geospatial toolset to national, state, and local governments, photogrammetric mapping firms and commercial customers in industries such as transportation, engineering, utilities, defense and intelligence. The merger further strengthens Intergraph's integrated product offerings and global customer support in all related areas - remote sensing, photogrammetry, and GIS/mapping. Intergraph also announced that Dr. Terry Keating has joined Intergraph Mapping and GIS Solutions as an executive vice president reporting to Preetha Pulusani, president of Intergraph Mapping and GIS Solutions. Dr. Keating will be responsible for Z/I Imaging and complementary service units. Dr. Keating received his Ph.D. in photogrammetry and remote sensing from the University of Wisconsin in 1975 and is a Certified Photogrammetrist, Registered Land Surveyor and a Professional Engineer. He is the president of Lucerne Lucerne (l sûrn`), Ger. Luzern (l tsĕrn`), canton (1993 pop. International, a company that provides a wide range of services related to surveying, photogrammetry, image-based mapping and spatial information management. Dr. Keating is also president of the American Society of Photogrammetry and Remote Sensing (ASPRS ASPRS American Society for Photogrammetry and Remote Sensing (and Geospatial Information Society)ASPRS American Society of Plastic and Reconstructive Surgery ). Lewis Graham, current CEO of Z/I Imaging, is leaving to pursue other interests but will remain a consultant to Intergraph and Z/I Imaging to ensure a smooth transition. Intergraph Background Information Intergraph Corporation (Nasdaq: INGR) is a worldwide provider of end-to-end technical solutions and systems integration. Intergraph's vertically focused business units develop, market and support software and services for local and national governments and for global industries, including process, power and offshore; public safety, utilities, and communications; mapping/GIS; and earth imaging. In addition, Intergraph's licensing division manages the Company's portfolio of intellectual property, including patents, copyrights, and trademarks. Intergraph is headquartered in Huntsville, Ala., with offices worldwide. More information can be found at www.intergraph.com. |
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