Today Intergraph acquired COADE Holdings, Inc. , the Houston based company that provides CAESAR II, PV Elite and TANK products, widely used software for pipe stress, pressure vessel and storage tank analysis, as well as the CADWorx plant design suite.
In a conversation with Patrick Holcomb, executive vice president Business Development for Intergraph, he said that Intergraph’s existing SmartPlant Enterprise product line does not have analysis capability, so the acquisition will greatly enhance their offerings. In addition, the DWG-based CADWorx plant design suite is a direct competitor to Autodesk’s Plant 3D product and Bentley Plant. This acquisition will fill Intergraph’s need for a product that addresses the entry level plant and process user.
COADE employees and offices will be retained by Intergraph.