founded in 1984 by allen razdow and david blohm to provide mathematical programs to students teachers and professionals . the company became most famous for its mathcad software a powerful application for solving and visualizing mathematical problems . the company also created the studyworks 1 series of math and science education packages aimed at interactively teaching those subjects to middle school and high school students . mathsoft engineering and education inc. the company that sells these products was one division of the former mathsoft . in 2001 mathsoft sold its engineering & education products division to the division managers as a privately held company . one of the former mathsoft divisions freescholarships.com was shut down and mathsoft renamed itself insightful . insightful develops custom math programs for businesses and also sells a data analysis package called statserver . mathsoft engineering & education continued to develop and sell its flagship mathcad product as well as the mathcad calculation server an enterprise server for sharing technical calculations . mathsoft engineering & education inc. promoted the term calculation management which included designing documenting and managing technical calculations and intellectual property . in april 2006 mathsoft was acquired by parametric technology corporation for 62 million . at the time it had an annual income of 20 million with 130 employees in seven countries including the uk germany and japan . 2 references edit studyworks ptc buys mathsoft for 63m april 2006 all of mathcad this article about an it related or software related company or corporation is a stub . you can help wikipedia by expanding it . v t e this united states software corporation or company article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title mathsoft & oldid 681009996 categories software companies based in massachusettscompanies based in massachusettsinformation technology company stubsunited states software company stubshidden categories all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages dansk edit links this page was last modified on 14 september 2015 at 16 36 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view