HUNTSVILLE, Ala., May 06, 2008 – Intergraph® Korea Ltd. has acquired all the shares of TechServer Corp., a Seoul-based software and services company specializing in automated drafting, data exchange and system integration in the shipbuilding, process, power and offshore industries.
The strategic acquisition will complement and enhance Intergraph's SmartPlant and SmartMarine Enterprise engineering software solutions and expand Intergraph's capability to serve its growing Asia-Pacific customer base. Terms of the transaction were not disclosed.
TechServer has extensive expertise in software enhancement and integration services, especially for shipbuilding, which is a key enhancement to the Intergraph's Asia-Pacific marine services center capabilities. TechServer's software automates orthographic drawing in the design of piping, HVAC and raceways. Its e–Draw®, e–Clash Review and e–Weld open solutions will be integrated into the SmartPlant and SmartMarine Enterprise portfolios to deliver increased functionality and improved productivity for Intergraph process and power plant and marine customers.
"The acquisition of TechServer is consistent with our vision of investing in the future growth of Intergraph and, in particular, growth in the ever-important Asia–Pacific region," said R. Halsey Wise, Intergraph President and CEO. "TechServer will provide Intergraph and our fast–growing plant and marine customer base with new capabilities and expanded support in this region."
"Our complementary solutions, resources and cultures will combine to bring added value for all our customers," said TechServer President S.Y. (Simon) Cho. "We are delighted to join Intergraph and to be an integral part of this dynamic, growing company."
Intergraph Corp. is the leading global provider of spatial information management (SIM) software. Security organizations, businesses and governments in more than 60 countries rely on the company's spatial technology and services to make better and faster operational decisions. Intergraph's customers organize vast amounts of complex data into understandable visual representations, creating intelligent maps, managing assets, building and operating better plants and ships and protecting critical infrastructure and millions of people around the world. For more information, visit www.intergraph.com.
TechServer is an international software developing company founded in January 1999 and is based in Seoul, Korea. TechServer has a branch office located in Changwon, Korea, for shipbuilding and heavy industry companies. By customizing and developing new functionality in CAD software systems, TechServer develops systems to address users' critical requirements and accelerate design processes. TechServer's key capabilities are: automation of design and manufacturing processes; enhancement of existing software functionality; and integration of CAD data with other applications such as PLM (Product Lifecycle Management). The company's core strengths are drawing (drafting) automation, data exchange and system integration in the shipbuilding, process, power and offshore industries. For more information, visit www.techserver.co.kr.
Manager, Corporate Communications
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