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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cadogan Energy Solutions Plc | LSE:CAD | London | Ordinary Share | GB00B12WC938 | ORD 3P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.15 | 2.00 | 2.30 | 2.15 | 2.15 | 2.15 | 0.00 | 08:00:08 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Drilling Oil And Gas Wells | 7.55M | 1.26M | 0.0052 | 4.13 | 5.25M |
RNS No 3609h CADCENTRE GROUP PLC 13 September 1999 CADCENTRE GROUP PLC ACQUISITION FROM KVAERNER Cadcentre Group plc ("Cadcentre"), the 3D process plant design software specialist, has acquired for #1.7 million in cash the full intellectual property rights to the SCOPE suite of software products together with all existing user contracts. This will extend Cadcentres product range into construction management software for the process plant industry. This transaction follows the acquisition earlier this year of the 3D software design customer base of AEA Technology plc. SCOPE is being bought from the engineering and construction division of Kvaerner ASA, one of Cadcentres largest customers and will create an immediate stream of support revenue for Cadcentre. Cadcentre will employ a number of the SCOPE development staff who have been based in Sheffield. The SCOPE suite of products is already fully compatible with Cadcentres market leading 3D plant design software products as well as being compatible with other leading 3D design software. Cadcentre will market SCOPE in the UK and internationally as part of its overall integrated suite of software products and services. Cadcentres Managing Director, Richard Longdon, commented : "The acquisition of SCOPE opens a whole new market sector for Cadcentre and is a key element in our ongoing strategy of expanding our product portfolio to cover total project execution and operations - going far beyond our traditional strengths in 3D plant design and visualisation. We regard SCOPE as a world-leader in its field and it has the potential to be a great commercial success for Cadcentre." Richard Longdon, Managing Director; or John Dersley, Finance Director on 01223-556655 Steve Liebmann or Richard Darby at Buchanan Communications on 0171-466 5000 END ACQGBURCBBGBGGW
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