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From Precient to Spatial to PlanetCAD to Avatech to Autodesk and TDCi

January 31st, 2005 Leave a comment Go to comments

via taylor:

Mr. Ralph Grabowsky has got a good story about Avatech (short history of m&a):

Avatech Solutions today sells its Proof Positive software and intellectual property to Autodesk for approximately US$1.9 million. Proof Positive is quality assurance software that checks Inventor MCAD models against customer-defined standards.

Avatech cannot develop competing software for two years. Proof Positive is based on PrescientQA, which was originally acquired by PlanetCAD from Prescient Technologies (a subsidiary of Stone & Webster).

Read full post at WorldCAD Access

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