Anark To Focus On Enterprise CAD And PLM

Posted On: May 14th, 2008 by Andy
Filed Under: Tags: cad plm anark.

An excerpt from the Anark press release follows. The game UI space has become challenging for many vendors due to the successful penetration of Scaleform Technologies. This expansion sets them up more effectively for head-to-head competition with Right Hemisphere in penetrating aerospace manufacturing and defense aviation support.

-Andy

5/13/2008

Anark Announces Sale of Entertainment Division and Series 4 Expansion Financing

Company to focus on accelerating enterprise CAD-PLM and Visualization business

Boulder, CO. May 13, 2008: Anark Corporation, a leading provider of advanced 3D solutions, today announced that it has sold its Entertainment Software Division, including its award winning Gameface UI software platform. It also completed an additional funding transaction that will allow it to focus entirely on its rapidly growing Enterprise 3D CAD-PLM and Visualization division.

Anark’s Entertainment Division has delivered powerful 3D tools and middleware platforms to leading video game and entertainment content developers since 2002. Anark’s products helped streamline interactive 3D content creation and deployment for many industry leading customers, such as Microsoft, Sony, and Nvidia.

In mid-2007, Anark launched the Anark Core Platform, targeted at the enterprise CAD-PLM market. This revolutionary software platform dramatically reduces repetitive CAD file conversion and preparation tasks, enabling efficient and secure interoperability between producers and consumers of 3D CAD data for applications such as OEM-Supplier data exchange, technical illustration, and visual-simulation.

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