TMCnet News
Finland,Sweden,United Kingdom : CAD-Q to acquire SYMETRI [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) Swedish Autodesk specialist Cad-Q will be acquiring UK Gold partner Symetri, which would likely create the vendor s largest solutions partner in Northern Europe. Financial details were not revealed. Cad-Q will be acquiring Newcastle-based Symetri from Airbus Defense and Space and this acquisition will result in creation of a new centre of mechanical CAD excellence in the UK. Colin Watson, Director, Symetri, said that the firm will mainly remain focused on business as usual , and added that, existing customers will benefit from a broader knowledge of manufacturing CAD, plus expertise in related areas such as data management, simulation, PLM and complementary proprietary software applications. The acquisition will also provide continuity for customers, with existing account managers remaining in place. As 3D CAD matures, resellers need a wider range of skills and areas of specialised knowledge to meet the business requirements of today s discerning clients. Cad-Q has the background in data management, software development, PLM and systems integration necessary to help ensure continued success for both Symetri and its customers. He said, In return, Symetri represents Cad-Q s first investment outside Scandinavia and offers Cad-Q access, for its own range of products and services, to a large base of Autodesk manufacturing customers in the UK. Owned by the Addnode Group of companies, Cad-Q, is a leading provider of CAD processes related to design, engineering, production and the management of advanced construction, in Scandinavia and Finland. (c) 2014 Euclid Infotech Pvt. Ltd. Provided by Syndigate.info, an Albawaba.com company |