CIMdata PLM Industry Summary Online Archive
2 January 2007
Acquisitions
Rand WorldwideT Completes Acquisition of CAD/CAM Systems' Autodesk-Related Business
RAND A Technology Corporation ("RAND WorldwideT" or the "Company") announced that it has completed the previously announced acquisition of certain assets and the Autodesk-related business of Atlantic Canada based CAD/CAM Systems Ltd. The purchase price, payable by RAND for the assets of CAD/CAM Systems, will be made in cash. CAD/CAM Systems' operations will be integrated into RAND's IMAGINiT Technologies business unit.
CAD/CAM Systems is a leading provider of Autodesk software and associated training, consulting and support services throughout the Atlantic Provinces. CAD/CAM Systems, an Authorized Autodesk Reseller, offers Autodesk products, as well as customized software and support services for the manufacturing, building, civil and geospatial industries.
RAND's Atlantic Canada operations will be based out of Halifax, Nova Scotia.
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