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Cranes Software International > Company History > Computers - Software Medium/Small > Company History of Cranes Software International - BSE: 512093, NSE: CRANESSOFT

Cranes Software International

BSE: 512093  |  NSE: CRANESSOFT  |  ISIN: INE234B01023  |  Computers - Software Medium/Small

Company History - Cranes Software International
Year                                      Events
 
 Cranes Software International Limited (CSIL) is a leading player in
 the high-end field of scientific and engineering software products
 and solutions. It is operating in a niche business area, driven by
 mathematics, statistics and the related analytical techniques for
 over a decade. 	
 
 Over the last few years, Cranes has built competencies in the
 wireless technology arena by serving the global scientific and
 engineering industry with its comprehensive range of products,
 services and training. CSIL's forte is digital signal processing
 (DSP), real times operating system (RTOS), mathematical modeling and
 simulation and embedded systems. CSIL's customers include who's who
 of the corporate world. 
 
 CSIL's expertise spans across product marketing & development,
 software services and training. With a unique 'vertically integrated
 business model' and commitment to excellence, today CSIL enjoys an
 edge over its competitors in the delivery of technical software
 products and support capabilities.
 
 The company combines the best people, processes and technology to
 achieve excellent results, consistently. Currently, CSIL employs over
 150 talented and highly-motivated professionals which includes a
 division dedicated to creating IPRs in wireless technology, audio/
 speech codec using latest ITU-T / IEEE standards. 
 
 With two state-of-the-art development centers in Bangalore - the
 Silicon Valley of Asia - CSIL has executed several key projects in
 the areas of mathematical modeling and simulation analysis and
 design, benchmarking of DSP chips, porting and native C code
 implementation of the latest ITU-T / IEEE standards. 
 
 CSIL's latest venture includes the setting up of 'CranesSci MEMS Lab'
 with in IISc campus. With the objective of conducting research in MEMS
 technology this lab is set to develop MEMS sensors for acoustic
 applications and ultrasound imaging, besides developing analysis
 tools and software for engineers working in this area.
 
 2002
 
 - Cranes Software International Ltd has realised new 13th versions of
 MATLAB and Simulink. The new version delivers faster computation and
 system development capabilities for desktop and embedded
 applications.
 
 - Cranes Software International Ltd has informed that it has entered
 into an agreement with M/s Rational Software Corporation (India) Pvt
 Ltd to supply Rational products to educational institutions and to
 provide related services and support.
 
 2003
 
 - Cranes Software International Ltd announced the availability of
 Matlab's Communications Blockset 2.5. Communications Blockset 2.5
 which extends the Simulink® system level design environment provides
 more than 150 blocks to model the physical and link layer of
 communication systems. New algorithms and wireless system models
 enable communications systems engineers to develop more accurate
 system level simulations and specifications, reducing design risk for
 wireless, broadband, broadcasting and satellite systems and
 semiconductors. The latest version contains a new RF impairment
 library, which allows users to model the impact of nonlinearity,
 phase noise, and other RF effects on baseband communication design. 
 
 - Cranes Software International Ltd has announced the availability of
 AdventNet's Web NMS 4.0 Web NMS is a J2EE based platform with powerful
 FCAPS functions, provisioning, topology, inventory, CNM and mediation.
 The product is the latest generation of the widely used Web NMS
 network management framework. Web NMS 4 offers deployment flexibility
 through hierarchical remote management to address the needs of
 geographically dispersed environments. It includes applications
 monitoring capability to address the needs of IT infrastructure
 management, e.g. monitoring database, web servers, mail servers,
 etc.
 
 - Cranes Software International Ltd and its US principal The
 Mathworks Inc., announced today the availability of Matlab's
 SimMechanics 2 the latest version of its mechanical simulation
 software that expands the power of Simulink® to model physical
 systems. With SimMechanics 2, engineers now have the ability to
 simulate their mechanical models on real time hardware in the loop
 (HIL) systems, allowing them to test and improve their controller and
 mechanical designs earlier in the design cycle.
 
 - Cranes Software International Ltd has announced June 02, the
 availability of Image Acquisition Toolbox. The Image Acquisition
 Toolbox simplifies the acquisition and analysis process by enabling
 users to contact to and configure hardware, preview video, and stream
 images directly into MATLAB for analysis and visualization. This
 simplifies an often time consuming process of acquiring data with one
 software packages and then transferring the data to another package
 for analysis and processing. The toolbox extends the MATLAB technical
 computing environment to include functions for acquiring video and
 images from PC-compatible frame-grabber cards and video devices.
 
 - Cranes Software International Ltd has informed that company with
 Central Manufacturing Technology Institute (CMTI), a central
 government unit, on July 23, 2003 has signed a MOU wherein the
 companies would share their marketing and technical expertise to
 enhance the market reach and offer comprehensive solutions to
 manufacturing industries in India & abroad.
 
 
 
 2003
 -Release Japanese Version of its flagship software product SYSTAT 
 version 10.2
 
 1. An investment of up to Rs 10 million in Escube Communication
 Solutions Pvt. Ltd by subscribing to 1622 equity shares of Rs 10/-
 each at a premium of Rs 6155.23 per share.
 
 2. Entering into a Marketing & distribution agreement with SPSS Inc
 USA for worldwide marketing rights for SPL range of products with an
 option to purchase the product range after 2.5 years.
 
 -Incorporation of a 100% subsidiary at Singapore to cater to ASEAN
 markets.
 
 2004
 
 - gets shareholders proposal for GDR issue
 
 - Board approves the following
 
 1.  Issuance of upto 18,00,000 fully paid equity shares of Rs 10/-
 each in the form of Global Depository Receipts at such price as may
 be decided by the company in consultation with the lead managers to
 the issue.
 
 2. The incorporation of 100% subsidiary or Acquisition of a company
 in Germany at an investment not exceeding US $ 1 million for
 marketing of the products in the European Markets
 
 -purchases Sigma suite from SPSS Inc. for  mn
 
 -Cranes ties up with UK firm
 -Along with The MathWorks Inc, makers of MATLAB & Simulink Technical
 Computing & Simulation software, have announced the availability of
 Bioinformatics toolbox for MATLAB.
 
 -Cranes Software International Ltd (CSIL), a global scientific and
 engineering software products and solutions provider, has appointed
 Mr H. Shankar as Executive Vice-President and Chief Financial
 Officer
 
 2005
 
 - Cranes Software International Ltd announces availability of
 SigmaPlot 9.0 ®, the easy-to-use technical graphing and data analysis
 software package for scientists and engineers, in the Indian market.
 
 - Cranes Software International Ltd acquires Engineering Mechanics
 Research Corporation (EMRC) in India with its customers, brand names,
 trademarks, ongoing contracts, personnel and fixed assets.
 
 -Cranes Software - Systat & Cytel Software forge Strategic alliance
 
 -Cranes Software launches Japanese language version of SYSTAT 11
 
 -Cranes Software Internation has been recognised as one of the 50
 fastest growing companies in India by the Deloitte Technology Fast 50
 India inaugural award.
 
 2006
 
 -Cranes Software Launches SigmaPlot 10
 
 2007
 
 - Cranes Soft acquires Proland, Caravel.
Source : Religare Technova

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