Intergraph® Acquires COADE®
Acquisition expands Intergraph’s SmartPlant® Enterprise suite by adding COADE’s leading stress analysis solutions

HUNTSVILLE, Ala., Jan. 6, 2010 – Intergraph®, the world’s leading provider of enterprise engineering software to the process, power and marine industries, has acquired COADE® Holdings Inc., 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 of the Houston-based software provider 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 through 2013 by the ARC Advisory Group.

COADE’s customers will benefit from Intergraph’s large research, development and global support teams located around the world and specializing in engineering solutions. COADE clients will also receive uninterrupted support, maintenance and software upgrades as part of their maintenance agreement with Intergraph. Existing SmartPlant Enterprise clients will benefit from the expanded functionality offered by COADE’s products as Intergraph enhances product integration and migrates the COADE analysis solutions into SmartPlant Enterprise to leverage design and modeling with pipe and vessel analysis. Deeper integration of design and stress analysis solutions will enhance productivity and enable a more seamless flow of engineering information among the software applications.

For more details please contact ECE Design