Intergraph has acquired Coade Holdings Inc., provider of Caesar II, PV Elite and Tank products, the industry’s 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 one of the world leaders in plant design and in pipe stress analysis. The expansion of 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 CADWorx, a modular, AutoCAD-based 3D plant design system.
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