CIMdata PLM Industry Summary Online Archive

5 July 2007

Acquisitions

RAND Worldwide Completes Acquisition of CADVisions

Rand A Technology Corporation ("RAND WorldwideT" or the "Company"), announced that it has completed the previously announced acquisition of Dallas, Texas-based CADVisions, Inc. The purchase price, payable by RAND, will be made in cash. CADVisions' operations will be integrated into RAND's IMAGINiT Technologies business unit.

CADVisions is an Authorized Autodesk Service and Support Center and a leading provider of Autodesk Inc. software and associated training, consulting and support services. With offices in Dallas, Texas; Wichita, Kansas; and Tulsa, Oklahoma, CADVisions has a customer base of more than 750, including many Fortune 500 companies.

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