Mathsoft
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| Mathsoft | |
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| Type | |
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| Founded | |
| Headquarters | Needham, MA |
| Website | www.mathsoft.com |
MathSoft was founded in 1984 by Allen Razdow to provide powerful mathematical programs to students, teachers, and professionals. The company became most famous for its Mathcad software, a powerful application for solving and visualizing nearly any type of mathematical problem. The company also launched the successful StudyWorks series of math and science education packages aimed at interactively teaching those subjects to middle school and high school students.
Mathsoft Engineering and Education, Inc., the company that sells those popular products was is just one division of what used to be MathSoft. In 2001, MathSoft sold its Engineering & Education Products Division to the division managers as a privately held company. One of the former MathSoft divisions, FreeScholarships.com, was canned completely, and MathSoft renamed itself Insightful. Insightful develops powerful custom math programs for businesses and also sells a data analysis package called StatServer.
Mathsoft Engineering & Education continued to develop and sell the its flagship Mathcad product as well as the Mathcad Calculation Server, an enterprise server for sharing technical calculations. The company claims there are more than 1.5 million registered users of Mathcad worldwide.
Mathsoft Engineering & Education, Inc. pioneered the term calculation management which included designing, documenting, and managing technical calculations and intelectual property.
In April 2006 it was acquired by Parametric Technology Corporation.
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