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Technology / AI and automation

VALID BUYS GE CALMA UNIT

Valid Logic Systems Inc, San Jose, California, has acquired the integrated circuit computer-aided design unit of General Electric’s Calma Inc for an undisclosed sum. The business did $40m in 1987, and has some 2,700 users – against sales of $67m for Valid, which has 4,500 users. Calma will now concentrate on three-dimensional design for the mechanical, architectural, engineering and construction industries.

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