Automation Creations Spins Out MatWeb

Automation Creations, Inc. (ACI) is pleased to announce the spin-out of its MatWeb.com online materials resource to MatWeb, LLC. MatWeb, LLC is owned by longtime ACI employee, Dr. Dale Kipp. For ACI, MatWeb.com’s spin-out accentuates exciting growth for both the ACI business model of custom software and website development, and the MatWeb.com business model of advertising, premium-user subscribers, and content licensing.

ACI’s owner and President, Henry Bass, said, “MatWeb.com is now positioned to accelerate its new product and service offerings. ACI, in turn, will benefit from an increased ability to focus on its offerings of web-based software development and support and to innovate in mobile software development. The two business models have been steadily progressing toward this spin-out for several years. I am very pleased that Dale will be taking MatWeb to new heights at MatWeb, LLC.”

MatWeb.com helps engineers and designers find material properties and identify materials that match their design specifications. Over 220,000 unique visitors monthly view, on average, three to five of MatWeb.com’s 80,000+ data sheets during each visit, for over eight million datasheets served in 2010. Most of MatWeb.com's revenue comes from advertisers who want to be in front of new product design teams, manufacturing, and R&D users. MatWeb.com enjoys additional revenue from premium subscribers who pay to save searches, export data to their design software, and make detailed comparisons, and from companies who license database components.

Dr. Dale Kipp was instrumental in building the original MatWeb.com materials database in 1996, overseeing its growth from 500 materials at launch to over 80,000 materials today. The search engine and underlying database have evolved through multiple revisions, each one significantly expanding MatWeb.com’s capabilities and customer capacity. Participating in MatWeb.com’s evolution through custom programming, database development, eCommerce and server hosting was a natural fit for Automation Creations through 2010.

Automation Creations, Inc. has been located in the Virginia Tech Corporate Research Center since its inception in 1996. ACI currently employs 16 software developers, project managers, software trainers and software quality assurance experts. MatWeb, LLC will move into a new office in the Corporate Research Center this month, March 2011.

***

Henry Bass described MatWeb.com in The Cool Factor for a Materials Database.  You can read more about Automation Creations on Inside VT KnowledgeWorks.

***

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a self-sustaining not-for-profit subsidiary of the Virginia Tech Foundation, funded through the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual.  Its world headquarters is in the Virginia Tech Corporate Research Center in Blacksburg, Virginia, USA.

VT KnowledgeWorks sponsors include Attaain, Inc., BB&T, The Branch Group, Handshake 2.0, Harris Office Furniture, Hodges, Jones & Mabry, P.C., Hutchison Law GroupLeClairRyan, New River Valley Intellectual Property Law, Science Applications International Corporation (SAIC) and The Becher Agency (TBA).

Speak Your Mind

*