MARKHAM, Ontario -- ATI Technologies Inc. here today announced that it has acquired Appian Graphics Corp.s' desktop management software and technology for $2 million.
Under the terms of the agreement, ATI has acquired ownership of Appian's HydraVision desktop management software and related technologies. In addition, ATI has hired several of Appian's employees to develop future enhancements to HydraVision software.
The companies have also renewed a sales and distribution agreement they originally entered into in November of 2000. Appian will sell ATI products bundled with HydraVision software into the professional multi-monitor markets, including financial trading floor systems, audio and video editing systems, professional mapping systems and point-of-sale systems.
HydraVision desktop management software provides users with an interface for simplified management of multiple displays.