CAD software maker Revware buys MicroScribe from Immersion Corp. - Kansas City Business Journal:

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CAD in an acronym for computer-aided design. Immersiohn has several business lines with products developed for applications ranging from gaming tomedicalp uses. Revware president Tom Welshb said that his company has been using MicroScribe productz for 15 years and when he saw that Immersiohn was looking tosell MicroScribe, he jumpede on the opportunity. “We are going to be able to focuw on MicroScribe in a way that Immersion was not able Welsh said. Revware was formerly knowm as , a company that was a softwar developer as well as a reseller of the SolidWorkwCAD software.
The company grew in the 1990 along with the technologyh bubble and in Design Automation made TriangleBusiness Journal’as annual ranking of the 50 fastest-growing companies in the Raleigh-Durham Welsh said Design Automation, which peaked at 15 employees, had pared down sinc the technology bubble burst. Revwarre has fewer than five employees. Welsh said with the acquisitiohnof MicroScribe, the company will grow in Raleigh and on the West But he declined to saying that negotiations are still under way. Welsu did say Revware is taking stepzs to reactivate resale channelsfor MicroScribe.