Cranes Software acquires EMRC

Cranes Software International, a global scientific and engineering software solutions provider, has announced acquisition of Engineering Mechanics Research Corporation (EMRC) in India with its customers, brand names, trademarks, ongoing contracts, personnel and fixed assets.

EMRC is the developer of NISA suite of products and a pioneer in the field of computer aided engineering (CAE). The company provides consulting services and customised software in this domain.

This acquisition will immediately give access to the company to diversify into an expanded market in the scientific and engineering software specifically in the engineering services domain.

The consideration for this acquisition is part of a deal of $ 1.50 million including the US arm of the EMRC operation, currently waiting some statutory clearances in US.

Announcing the acquisition, Asif Khader, Managing Director, the Cranes Software said, "EMRC provides comprehensive capabilities in the computer aided engineering (CAE) space with high quality products suite, many years of product experience and extensive global usage backed by a worldwide sales and support organization. Its acquisition is in line with our strategy of purchasing undervalued assets that provide substantial growth potential by leveraging our existing strengths and capabilities. With this acquisition, we have now addressed the vast potential of the mechanical, civil, automobile, aerospace and electrical engineering market, thereby extending the range of software that we take to engineers globally".