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Comment Business & Economics

Intergraph acquires COADE

By Gerald Ondrey |

Intergraph (Atlanta, Ga.; www.intergraph.com) has acquired COADE Holdings Inc. (Houston; www.coade.com), provider of CAESAR II, PV Elite and TANK products, the industry’s most widely used software for pipe stress, pressure vessel and 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. Terms of the deal were not disclosed. The acquisition will expand Intergraph’s SmartPlant Enterprise engineering solution suite by bringing together the world leaders in plant design and pipe stress analysis. The expansion of Intergraph’s SmartPlant Enterprise design, construction and data management solutions with COADE’s analysis offerings creates a powerful software solution that will provide users in the marketplace with unmatched capabilities. The acquisition also extends Intergraph’s market presence and ability to serve smaller projects with COADE’s CADWorx solution, a modular, AutoCAD-based 3D plant design system. Intergraph is ranked as the No. 1 worldwide 3D design and process engineering tools (PET) provider according to the PET Worldwide Outlook Market Analysis and Forecast…
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