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August 17, 2009
By DE Editors
Maplesoft has signed a definitive agreement to be acquired by Cybernet Systems Co., Ltd., a Tokyo-based Japanese importer/distributor of computer-aided engineering software. The acquisition is expected to be completed at the beginning of September.
Cybernet worked with Maplesoft for many years as a reseller of Maplesoft products in Japan, substantially growing the math and engineering customer base in both the academic and professional markets.
“We at Cybernet Systems are confident that Maplesoft will bring to us world-class technology, expertise and know-how, combined with an expanding international client base in technical calculation and physical modeling,” says Kuniaki Tanaka, president of Cybernet Systems.
Maplesoft will continue to function as a separate entity and existing Maplesoft customers will experience no change in the way they interact with Maplesoft. Customer contacts for sales, support and customer service will remain the same.
“I’m pleased with the ability this partnership gives us to further advance our products and solutions,” says Jim Cooper, Maplesoft president and CEO. “With long-term support and investment from Cybernet into further research and development for our products, I am excited about the possibilities that lie ahead as we continue to develop a state-of-the-art environment that will transform the way engineers, scientists, mathematicians, educators and students use technology.”
For more information, visit Maplesoft.
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