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Home > Company Index > Computer Software & Services > Multimedia Production, Graphics & Publishing Software > Micrografx, Inc.
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Micrografx, Inc. |
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NEWS FROM THE STANDARD |
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Corel Buys XML Developer SoftQuad
Aug 07 2001 03:53 PM PDT
PROFILE |
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Need to create a flashy, interactive sales chart showing dwindling sales? Micrografx makes graphics software used to design everything from organizational charts to Web sites. Customers use its process management tools (iGrafx Process 2000 and Flowcharter 2000) to create interactive diagrams and simulations of corporate processes and structures. The company's iGrafx Designer software is used for technical and mechanical drawings, including computer-aided design. Europe accounts for about half of sales. To offset losses, the company has cut its workforce and is reorganizing, focusing on corporate customers. In 2001 the company announced plans to be acquired by Corel, a provider of graphics and office productivity software.
COMPETITION |
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Adobe Systems Incorporated (ADBE)
Macromedia, Inc. (MACR)
Quark, Inc. (dossier)
DEALS |
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Deal: Corel Snaps Up Micrografx
Date Announced: 07.16.01
Value of transaction (US $Mil): Not Disclosed
Description: Graphics and illustration product provider acquires process and graphics software company in an all-stock transaction.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: June
2000 Sales (mil.): 36.30
1-Yr. Sales Growth: (36.3)%
Employees: 187
Revenue per employee: $194,117.65
KEY PEOPLE |
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James L. Hopkins
CEO
Greg DeWitt
CFO
CONTACT INFO |
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8144 Walnut Hill Ln., Ste. 1050
Dallas, TX 75231
US
Phone: 469-232-1000
Fax: 469-232-1194
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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