News Desk
Intergraph Sold Again
Intergraph, now just a software company, was taken private in late 2006
Jul. 11, 2010 03:45 PM
Intergraph, the 40-year-old Alabama-based inventor of graphical workstations, an early adopter of what would now be called an industry standard combination of Microsoft NT on Intel, which at the time was a radical and ultimately money-losing move, and a company that sued Intel for patent infringement in one of the prettiest suits ever written, has been sold to Sweden's Hexagon AB for $2.13 billion. Intergraph, now just a software company, was taken private in late 2006 by investors led by Hellman & Friedman LLC, Texas Pacific Group and JMI Equity for $1.3 billion. Hexagon makes surveying equipment and measuring instruments. Intel paid Intergraph $675 million to settle claims that Pentium and Itanium infringed Intergraph's Clipper patents. At the time $675 million was still real money.
About Maureen O'GaraMaureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara