Cranes to merge subsidiary EMRC India with itself

Cranes Software International, a global scientific and engineering software solutions provider, has decided to merge the operations of its wholly-owned subsidiary Engineering Mechanics Research India Limited (EMRC) with itself from April 1.

Cranes had acquired EMRC, the developer of NISA suite of products and a player in the field of computer-aided engineering (CAE) in May 2005 for $1.5 million. According to a company statement, the acquisition has been completed now.

"Following the merger, Cranes will be in a position to expand NISA's traditional client relationships in India and will offer a new CAE R&D services practices globally to our customers,"Asif Khader, managing director, Cranes Software International said in a statement.

According to the company, following the acquisition, Cranes has leveraged EMRC's domain experience and its team of 40 people comprising scientists, technology arcitects and software engineers to enhance visibility in the targetted segment.

Cranes has also continued to invest in further development of the core NISA product since the acquisition, it added.