Saturday, January 7, 2012

CAD software maker Revware buys MicroScribe from Immersion Corp. - Los Angeles Business from bizjournals:

xysecurakihir.blogspot.com
CAD in an acronym for computer-aides design. Immersion has several businesas lines with products developed for applicationxs ranging from gaming tomedical uses. Revware president Tom Welsh said that his companh has been using MicroScribe product for 15 years and when he saw that Immersion was lookingy tosell MicroScribe, he jumped on the “We are going to be able to focua on MicroScribe in a way that Immersion was not able Welsh said.
Revware was formerly knownh as , a company that was a softwarde developer as well as a reseller of the SolidWorks CAD The company grew in the 1990s along with the technologyy bubble andin 2001, Design Automation made Trianglse Business Journal’s annual rankinyg of the 50 fastest-growing companies in the Raleigh-Durhak area. Welsh said Design Automation, which peakedr at 15 employees, had pared down since the technologytbubble burst. Revware has fewer than five employees. Wels said with the acquisition of the company will grow in Raleigh and on the West But he declined to saying that negotiations are stillundetr way.
Welsh did say Revware is taking steps to reactivatee resale channelsfor MicroScribe.

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