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ZW3D 2011 sneak preview

Thursday, February 3rd, 2011

Check out this YouTube video for ZW3D 2011 Direct. It is a 3D CAD system hoping to rival AutoCAD and other popular 3D CAD products. Promotional materials claim that it will be able to import data faster than popular existing systems.

ZW3D 2011 Direct

Coming soon: SolidWorks LiveBuildings AEC product

Thursday, January 27th, 2011

At SolidWorks World this past week a new AEC type product was announced: SolidWorks Live Buildings (SWLB).  Its focus is on offering designers and architects an immersive environment to quickly design structure, floor layout and even put in furniture. Positioning the building for better sun access may also be possible with the product, making it a candidate for building sustainability. Watchers say the product feels like SketchUp at first glance, with similar abilities to pull in information from other models and drag and drop information.

Local AEC news

Friday, January 21st, 2011

CPI Releases 189 BIM Product Model Drawings for Autodesk® Revit® January 17, 2011, Trading Markets.com

 

Architects Find Their Dream Client, in China by Lawrence Cheek, January 15, 2011, The New York Times

HOK Designs New Dalí Museum in St. Petersburg, Fla. January 11, 2011, Benzinga

Intergraph settles 8-year lawsuit with Bentley Systems for $200M

Thursday, January 20th, 2011

The following article in this week’s Huntsville Times settled a matter that many thought had been settled long ago:

Intergraph Settles $200M suit with Bentley Systems

HUNTSVILLE, AL — An eight-year lawsuit between the former Intergraph Corp. and Pennsylvania-based software maker Bentley Systems has been settled for nearly $200 million, according to court documents.

The settlement is among the largest in Madison County history, court watchers said.

As part of a settlement agreed upon last month, Cobalt BSI Holding, which bought Intergraph in 2006, will sell back to Bentley its 15.6 million shares of Bentley stock, at a purchase price of just over $12 per share, totaling about $198 million, according to court documents. In July 2010, Sweden-based Hexagon AB bought Intergraph from Cobalt for $2.1 billion.

The settlement total includes $9.9 million in fees and expenses awarded to Cobalt’s attorneys, including Bartley Loftin III of Huntsville and his firm, Maynard Cooper & Gale.

Intergraph sold its civil engineering products to Bentley in 2000 and the deal included proceeds from maintenance contracts.

In 2002 the companies began their long courtroom skirmish, with Intergraph challenging how much Bentley owed it from a promissory note and Bentley countersuing in connection with Intergraph’s handling of the maintenance contracts.

As part of the settlement, both sides agreed not to issue press releases about the agreement or otherwise publicly discuss the case, except to note the agreement was “consensually resolved.”

A settlement hearing before Circuit Judge Tom King, from Jefferson County, who gave preliminary approval to the deal in December, will be Feb. 10 at the Madison County Courthouse.

-Huntsville Times

In July 2010, Sweden-based Hexagon AB bought Intergraph from Cobalt BSI Holding for $2.1 billion.

One question that arose among those of us who have followed Intergraph since the days when Bentley Systems was owned by Intergraph, is: does Intergraph still own 30 percenet of Bentley Systems, and if so, how is Bentley affected by the recent news of this acquisition?

In an AECCafe Today blog, on July 13, 2010, Chris Barron, vice president of corporate marketing for Bentley, responded:  ”As a privately held company, Bentley does not routinely report on the identity of its minority stockholders or the stockholders or the size of their holdings. However, in response to your question, we can advise you that the Bentley shares previously held by Intergraph were transferred to an affiliate of its private equity owners following its going private transaction in 2006 and we have no indications that those shares are part of the sale to Hexagon.” 

Clearly much of what has gone on with Intergraph and Bentley has occurred under wraps and the two companies have agreed not to issue press releases or publicly discuss the case.

Three new products from Newforma address mobile web access and model-based design workflows

Wednesday, January 19th, 2011

In addition to Newforma’s launch of Newforma Project Center Eighth Edition, the company yesterday released the following new products:

- Newforma Mobile –to enable mobile web access to project information

- Newforma Contract Management – for comprehensive contract and document change management

- Newforma Add-in for Autodesk Revit –to support model-based design workflows with Autodesk Revit Architecture, Autodesk Revit Structure and Autodesk Revit MEP.

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