***Fractal Completes Ray Dream Acquisition
By Rob Glidden
Fractal Design (NASDAQ: FRAQ) completed its acquisition of Ray
Dream on 5/28. Stats:
3,250,00 shares of Fractal stock ($52 million at purchase).
Ray Dream: $9 mil revs year ending 3/31/96.
Fractal: $21.8 mil revs, $2.9 mil net year ending 3/31/96
No profit numbers were released for acquired Ray Dream.
Fractal's Mark Zimmer will be chairman/CEO, Ray Dream's Eric
Hautemont will be president.
Ray Dream brings 3D modeler Ray Dream Designer/Studio family
to Fractal's Painter, Poser, Dabbler, and AddDepth. Question: will
the media suite be integrated, or simply be a set of products from the
same company?
Wave Issue 9601 6/23/96 Article 42-01