Financial Daily from THE HINDU group of publications Tuesday, Apr 11, 2006 |
|
|
|
|
|
|
|
Info-Tech
-
Mergers & Acquisitions Cranes Soft acquires EMRC's US operations Our Bureau
Bangalore , April 10 Cranes Software International Ltd has acquired US-based Engineering Mechanics Research Corporation's (EMRC) US operations for $1.5 million through its US-based wholly owned subsidiary, NISA Software Inc. EMRC is a leading computer aided engineering (CAE) software player and also provides consulting services and customised software in the engineering services domain. "This acquisition is an opportunity for us to leverage EMRC's extensive expertise in the domain of finite elements analysis and related engineering services and use its worldwide sales and support organisation network to service a wider base of customers," said Mr Asif Khader, Managing Director, Cranes Software, in a press release. In March last year, Cranes Software had acquired EMRC's India operations to structure complex solution capabilities in the CAE space. The India acquisition marked Cranes's foray into the engineering services activity within the scientific and engineering space. EMRC, at present, has an established global base of over 5,000 active users with significant brand awareness in the Finite Element Analysis marketplace of which around 500 users would be in India alone.
More Stories on : Mergers & Acquisitions | Software
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|