AVEVA acquires 3D structural detailing group

AVEVA, the engineering software provider, has acquired the Bocad group of companies, significantly strengthening its three-dimensional (3D) structural detailing capabilities for the plant, marine and fabrication markets.

AVEVA, the engineering software provider, has acquired the Bocad group of companies, significantly strengthening its three-dimensional (3D) structural detailing capabilities for the plant, marine and fabrication markets.

The €17.5m (£14m) purchase was made on a debt free/cash free basis which has been settled from existing cash resources.

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