Acquisition of Alias Completed
Ontario Teachers’ Pension Plan partners with Accel-KKR as Acquisition is Finalized
Alias Poised For Future Growth as an Independent Company
Toronto, Ontario and Menlo Park, California, June 15, 2004 – Accel-KKR, the Ontario Teachers’ Pension Plan (Teachers’) and Alias management, today announced the completion of the acquisition of Alias from SGI (NYSE: SGI) for $57.5 million US. Accel-KKR is a technology-focused private equity firm and Teachers’ is one of Canada's largest pension plans with net assets of more than $75 billion CDN. Alias is the leading provider of 3D graphics technology and services for the film, video games, web, interactive media, automotive, industrial design, education and visualization markets.
“We are very excited to be moving into our next phase of growth with the backing of two such prestigious organizations,” said Doug Walker, President of Alias. “Both Accel-KKR and Teachers’ have embraced Alias’ vision and mission and we anticipate their backing will help us continue to deliver innovative solutions enabling our customers to create, visualize and communicate the world’s most compelling digital visual experiences. Accel-KKR and Teachers’ will be solid business partners that will help extend our resources and network of business relationships. Our goal will be to capitalize on the enormous market potential in the 3D software market for both professionals and consumers.”
Tom Barnds, Managing Director of Accel-KKR commented, “We are pleased to complete this investment and begin working with Alias to execute its business plan as an independent company. We have spoken to a wide range of customers and have consistently heard how much they value Alias’ innovative software and services.”
Ben Bisconti, Managing Director of Accel-KKR added, “We are excited about Alias’ future and look forward to working with Doug Walker and his team as they continue to develop advanced industry-leading solutions.”
Jim Leech, Senior Vice-President, Ontario Teachers' Pension Plan, added, “We are delighted to have the opportunity to invest in Alias, the global leader in 3D graphics software. It is a world-class company with an impressive management team and great potential for growth.”
There will be no changes to the management team, organization, services, support or product availability as a result of the sale of the business.
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July 13, 2004
Renault Design
Renault Design Combines Alias Tools and Physical Models to Create the Optimum Design Process.
July 9, 2004
NANCO DATA AB today reported that Antycip is taking over NANCO’s unit for realtime simulation for the defence market.
July 5, 2004
Nissan Design adopt ICEM Surf for surface data development
ICEM Ltd. announced today that Nissan Motor Corporation of Japan has recently placed a contract for the supply and implementation of ICEM Surf.
July 5, 2004
ICEM begins customer shipments of the latest version of its surface modelling, analysis and visualisation software suite.
June 29, 2004
The SAAB 93: An Integrated Approach to Design
When SAAB® introduced its new 93 Convertible at the 2003 Geneva Motor Show it was enthusiastically received by press and public alike.
June 16, 2004
Acquisition of Alias Completed
Ontario Teachers’ Pension Plan partners with Accel-KKR as Acquisition is Finalized
Alias Poised For Future Growth as an Independent Company.
June 14
RTT RealView now available
June 14
RTT Software sales
June 14
Change of name: RTT Deja View is now RTT DeltaView
June 14
RTT Presenter 1.1
Following steps are planned for the release 1.1, coming end of June...
June 14
RTT DeltaGen Patches for Download
All customers with a valid maintenance contract from now on have the possibility to download patches for RTT Software.
June 3, 2004
Alias SketchBook Pro Now Available for Mac OS X
Release of Alias SketchBook Pro 1.1 Makes Digital Sketching Accessible to More Creative Professionals.
June 1, 2004
CUSTOMER DESIGN SUCCESS:
Sony Ericsson T610
Sony Ericsson has recieved a number of design awards for their successful model T610. The latest beeing the Grand Designprice (transl. from "Stora Designpriset"), of The Association of Swedish Engineering Industries.
May 18, 2004
Three New Courses for Design in StudioTools
Introduction to StudioTools, Conceptual Modelling and Production Modelling for Design.
May 14, 2004
ICEM’s first User Group conference in Japan rounds off successful 2004 world-wide series
Increased attendances and more venues mark growing popularity of the events.
May 13, 2004
ICEM Surf helps SsangYong slash design development time for new Rexton sport utility vehicle
Surface modelling, analysis and visualisation software brings 60% time saving.
May 13, 2004
Hero Global Design
India’s leading motorcycles manufacturer selects ICEM Surf to aid its new venture with Aprilia of Italy.
April 22, 2004
Alias Launches U.S. and Canada Seminar Tour
For Automotive and Industrial Design Students and Instructors
April 1, 2004
Renault has selected ICEM Surf software
French automotive manufacturer selects ICEM’s industry-leading surface modelling, analysis and visualisation software following successful pilot project.
March 29, 2004
Rhino 3.0 promotion
Purchase 'Rhino 3.0' bundled with the tuturial CD 'Rhino Visual Tips CD'.
March 23, 2004
StudioTools 11.0.2
Software update
March 15, 2004
Alias Reveals the Grand Prize Winners of Expose Yourself Contest
Alias, Microsoft, Intel, PC Mall, Acer and Wacom Wrap Up the First Ever Expose Yourself
March 9, 2004
ICEM Style
ICEM Style is a revolutionary new software package for product styling and design ideation.
March 9, 2004
Alias® StudioTools® 11 and Alias ImageStudio™ earn a Five Star rating
March 3, 2004
Alias Releases Data Exchange Tool for CATIA V5
Direct Connect Software Links High-End CAD with Leading Industrial Design Software
March 2, 2004
ICEM 4.4
ICEM announces availability of latest version of its leading surface modelling, analysis and visualisation software suite, ICEM 4.4
March 2, 2004
ICEM launches ICEM Style
– a revolutionary new software package for product styling and design ideation.
March 2, 2004
ICEM’s Latest surface modelling software suite supports 3Dconnexion’s motion controllers
March 1, 2004
New tutorial CD:
Flamingo Studio Quality Rendering
An advanced tutorial CD by Gijs de Zwart
February 16, 2004
ICEM User Meeting 2004 Europe
22-24 March, Radisson SAS Hotel, Cologne, Germany
February 12, 2004
Alias in Acquisition Talks with Private Equity Firm
February 9, 2004
Skoda’s Roomster concept car comes to life with the aid of ICEM Surf.
February 4, 2004
RTT Presenter & RTT DeltaGen 4.0
February 3, 2004
Successfull introduction of RTT DeltaGen
On February 3, 2004 NANCO DATA AB introduced RTT DeltaGen i Scandinavia.
February 2, 2004
Alias Announces First Round Winners of the Expose Yourself Contest
January 26, 2004
ICEM appoints new business partner to expand its business in the Confederation of Independent States (CIS)
January 22, 2004
RTT Conference
April 1st/2nd 2004, Munich/Ettal
January 21, 2004
ICEM expands its Middle East software sales and support facilities
GES appointed ICEM business partner for automotive industry in United Arab Emirates and other Middle East countries.
January 12, 2004
NANCO DATA AB introduces RTT DeltaGen in Scandinavia
Virtual Reality at an affordable price! Seeing is believing!
Come and see us February 3rd, 2004.
» 2003 News Archive
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