Under his leadership, SolidWorks grew to a $100 million revenue company. Jon Hirschtick stayed on board for the next 14 years in various roles. In 1997 Dassault, best known for its CATIA CAD software, acquired SolidWorks for $310 million in stock. Operating later from Concord, Massachusetts, SolidWorks released its first product SolidWorks 95, in November 1995. Initially based in Waltham, Massachusetts, United States, Hirschtick recruited a team of engineers with the goal of building 3D CAD software that was easy-to-use, affordable, and available on the Windows desktop. Hirschtick used $1 million he had made while a member of the MIT Blackjack Team to set up the company. SolidWorks Corporation was founded in December 1993 by Massachusetts Institute of Technology graduate Jon Hirschtick.
According to the company, fiscal year 2011–12 revenue for SolidWorks totaled $483 million. SolidWorks (stylized as SOLIDWORKS) is a solid modeling computer-aided design (CAD) and computer-aided engineering (CAE) application published by Dassault Systèmes.Īccording to the publisher, over two million engineers and designers at more than 165,000 companies were using SolidWorks as of 2013.
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