|
Bentley Systems
Inc. has bought Haestad Methods Inc., a 25-year-old developer
of water resource planning soft-ware.
"This is a terrific acquisition,"
says Greg Bentley, CEO of the Exton, Pa.-based family firm.
"This is my favorite. It brings everything together we
look for."
Waterbury, Conn.-based Haestads
tools address design, analysis, and management of water distribution
systems, municipal sanitary sewers, urban stormwater collection,
roadway and civil site drainage and flood control. Clients
are mostly in the U.S., but Bentley notes that "water
is water and rain is rain," and says he hopes to expand
Haestads international reach. Although the products
integrate with AutoCAD, and not Bentleys Microstation,
integration will be "easy," says Haestad founder
and now Bentley senior vice president for water products John
Haestad. Bentley adds that Haestads AutoCAD base will
be maintained "enthusiastically."
|