The story
In September 2005, Mike Payne, Danny Dean, David Taylor, and Blake Courter founded SpaceClaim Corporation. Mike Payne was previously a founder of PTC and SolidWorks, CTO of Dassault Systèmes, and COO of Spatial. On April 1, 2007, SpaceClaim released SpaceClaim 2007 Professional, its first commercial release.
On September 30, 2008, Chris Randles become CEO and Mike Payne become chairman of the board.
On July 21, 2009, SpaceClaim announced support for multi-touch hardware.
On April 29, 2014, technical software company ANSYS (NASDAQ: ANSS) acquired SpaceClaim for $85 million in cash, plus considerations.. ANSYS is specialized in developing software for product development simulation and analysis, and has sold a version of SpaceClaim (named ANSYS SpaceClaim Direct Modeler) as an option for its CAE software since 2009.
From Wikipedia’s article on SpaceClaim, shared under CC BY-SA 4.0.5