History and structure of the Group
The build-up of the IGE+XAO Group is the result of a deliberate policy centered on steady and controlled acquisitions. This has led to a complete range of Electrical CAD software packages.
The history is the following: |
1986/1987 |
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Mr. Charles Baudron and Mr. Jean-Marc Lalane establish the company IGE S.A. and design the Schema software.
Group's key figures : 17 licenses sold, sales of € 152,449 |
1987/1988 |
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The Regional Institute for Industrial Development (IRDI) invests in IGE S.A., acquiring 25% of the Capital.
Group's key figures : 170 licenses sold, sales of € 457,347 |
1988/1989 |
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Creation of a programming structure in Krakow (Poland) in co-operation with the local university. Since its creation, this structure has attracted the best computer engineers in the country.
Group's key figures : 600 licenses sold, sales of € 914,700 |
1989/1990 |
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More than 1,500 licenses sold, sales of € 1,524,500 |
1990/1991 |
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A subsidiary of the Courtois Bank « Rémusat Investissements », part of the « Credit du Nord » Group, invests in IGE S.A., acquiring 7% of the capital. Opening of an agency in the Paris area.
Group's key figures : 2,600 licenses sold, sales of € 2,744,000 |
1991/1992 |
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Take-over of XAO Industry, a company specialising in Electrical CAD software products for work-stations and originating from one of Amine's research centres. The product designed by this company is a sophisticated product which has resulted in an increase in the number of customers in large industrial groups.
Group's key figures : 3,600 licenses sold, sales of € 6.1 millions. |
1992/1993 |
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Take-over of Alpage Ingénierie, designer of Alpage-Elec, the electrical CAD software on AutoDesk©'s graphic editor (AutoCad©). Opening of a sales subsidiary in Italy.
Group's key figures : 4,400 licenses sold, sales of € 6.9 millions. |
1993/1994 |
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Opening of a sales representative office in Spain (Barcelona). Creation of the Company "La Foliothèque", a subsidiary whose business is the electronic re-copying of existing electrical plans, using the Group's software products.
Group's key figures : 5,400 licenses sold, sales of € 7.5 millions. |
1994/1995 |
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Opening of a sales representative office in Germany. Creation of a development subsidiary in Bulgaria.
Group's key figures: 6,800 licenses sold, sales of € 7.6 millions. |
1995/1996 |
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Setting-up of the IGE+XAO Holding. Creation of a sales subsidiary in Gdansk (Poland). Take-over of IA Micro and its Win-Elec software. Acquisition of 34% of the shares of Vectra Informatique a distributor of computing equipment, ensuring on behalf of the group, services for hardware equipment. Acquisition of Mayridis Voyages becoming the group's internal travel agent.
Group's key figures : 8,300 licenses sold, sales of € 9.6 millions. |
1996/1997 |
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Listing of IGE+XAO on the 'Nouveau Marché' of the Paris Bourse.
Creation of a sales subsidiary in Canada. Creation of different sales offices in Madrid (Spain), in Tournai (Belgium) and in Rastatt (Germany). Acquisition of Schneider Electric Group and its CAO Electrical business called Handel which is at the very heart of different brands ( Handel, Hcontrol and Hdesign.) Liquidation of Vectra Informatique.
Group's key figures; 11,000 licenses sold, sales of € 10.2 millions. |
1997/1998 |
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Change of the Chairman of IGE+XAO, Mr. Alain Di Crescenzo succeeding Mr. Charles Baudron. Restructuring of the Group resulting in the take-over by IGE SA of XAO Industries, Ia Micro and Alpage Engineering. The dissolution foreseen of La Foliothèque SARL after ceeding its assets to IGE SA. The creation of a company under the collective name of Winsoft Elec.Diffusion, with a view to regrouping the French sales teams. The creation of two commercial agencies, one in a suburb of London (England) and the other in Toronto (Canada).
Group's key figures: 11,800 licenses sold, sales of € 10.7 millions. |
1998/1999 |
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The creation of IGE+XAO Limited in a suburb of London (England ). The introduction of the new generation of the company's software programmes (the SEE range, Software for Electrical Engineering) comprising the programmes SEE 4000, SEE 3000 and SEE 2000 dedicated to large industries, to PME/PMI and small enterprises respectively. The putting in place of a new organisation based on a new company project ( SEE WORLDWIDE ).
Group's key figures : 14,000 licenses sold, sales of € 11.7 millions. |
1999/2000 |
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Acquisition of the Calculating Software C15-100 (VASCO ) from SOCOTEC. Creation of the subsidiary IGE+XAO Software Vertreib GmbH in Germany. Distribution of the first dividends.
Group's key figures : 24,500 licenses sold, sales of € 13 millions. |
2000/2001 |
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The further acquisition of companies : The French company INGEDATA DEVELOPPEMENT SARL at a total cost of € 245,442.91 (100% of the capital), the Dutch company TESSDATA BV for a part payment of € 691,475 and the balance, conditionally, for € 216,085 (100% of the capital), the Danish company CAE DEVELOPMENT APS acquired for € 587,986 (100% of the capital), and a further Danish company CADdy DENMARK A/S (49% of the capital) at a cost of € 51,129.
Creation of the SA SEE PL@NET, 90% held by the Company, in which the objective is to ensure the development and marketing of software programmes for use on the Internet.
Group's key figures : 34,000 licenses sold, sales of € 13.6 millions. |
2001/2002 |
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The acquisition of 19% of the French company Anyware Technologies SA, created less than two years ago and whose speciality is a software workshop to develop computer applications for the Internet. The creation of a second commercial agency in Munchengladbach (Germany).
Group's key figures : 36,000 licenses sold, sales of € 15.4 millions. |
2003/2004 |
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Signature of a technical and commercial partnership with Dassault Systèmes with regards to the design of electrical harnesses. |
2004/2005 |
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Purchase of the remaining 49% of CAE Development Aps shares. |
2005/2006 |
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Creation of IGE+XAO USA in Dallas, Texas
Creation of a sales office in Nanjing, China
Purchase of Hibatec, Switzerland.
Signature of a wordlwide partnership with Schneider Electric |
2006/2007 |
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Creation of S2E CONSULTING with the Sogeclair Group
Creation of EHMS with Labinal
Acquisition of Compodata |
2007/2008 |
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Creation of a subsidiary in China.
Creation of a development subsidiary in Tunisia.
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2008/2009 |
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Creation of a subsidiary in Morocco. |