CoCreate

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CoCreate Software GmbH

logo
legal form Company with limited liability
founding 2000
resolution 2007
Reason for dissolution Takeover by investors and sale to PTC
Seat Sindelfingen , Germany
Number of employees more than 300
Branch software
Website www.ptc.com

The CoCreate Software GmbH was a software company focused on the development of CAD programs for the electronics industry and the mechanical engineering specialized. CoCreate was considered a pioneer for software solutions for web-based collaboration in product development.

history

In 1992, CoCreate began as a division of Hewlett-Packard with the development of 2D and 3D CAD systems. The 2D CAD system, which started under the name ME10 , is used in mechanical engineering.

Data management products, which were supposed to support customers in complex development tasks, played a special role in CoCreate's product portfolio. Cocreate was considered a pioneer for programs for internet-based collaboration in product development ( Collaboration , Collaborative Product Design (CPD) ).

The modeling approach in the 3D CAD product OneSpace Modeling was based on so-called dynamic modeling. This should enable CAD models to be created and modified much more easily than with other systems.

In the mid-1990s, CoCreate became a 100% subsidiary of Hewlett-Packard. In 2000, CoCreate separated from its parent company and became an independent company.

In 2000 the financial investors 3i and Triton bought CoCreate.

CoCreate was represented in 30 countries and had more than 300 employees worldwide. The development centers were located in Sindelfingen , Germany and Fort Collins , Colorado, USA.

In mid-2006, CoCreate was taken over by the investor HBK Investments . The investor sold the company to PTC on December 3, 2007 for $ 250 million .

Products

In addition to the CAD system OneSpace Modeling , CoCreate also sold the PDM System Model Manager .

Individual evidence

  1. M. Wendenburg: Cooperation in product development. (No longer available online.) In: Konstruktions, Edition 3/2002, S. 14, Springer VDI-Verlag, formerly in the original ; Retrieved August 27, 2008 .  ( Page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Toter Link / www.technikwissen.de  
  2. CoCreate Expands Partner Program - Collaborative Software Pioneer Enlisting Business Partners to Expand Market Presence (English). CADinfo.net, accessed August 27, 2008 .
  3. https://www.theengineer.co.uk/employees-acquire-cocreate/
  4. Archive link ( Memento of the original from November 1, 2010 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  @1@ 2Template: Webachiv / IABot / www.cad-portal.com
  5. Archive link ( Memento of the original from March 16, 2010 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  @1@ 2Template: Webachiv / IABot / www.ptc.com