It's Spring, and Love is in the air...
The Directions Mag weblog is speculating over the new that huge energy producer TXU is being taken private by KKR/Texas Pacific Group. The blog notes that the private equity firms also just bought out Intergraph, which produces the plant design software need by TXU.
Shades of Siemens buying UGS for the same reason.
I remain skeptical that this new trend of "private-brand" ownerhship of CAD firms is at all any good. Kind of reminds me of billionaires owning their own NHL hockey teams for prestige purposes.
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