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Intergraph Corporation

The Company

Intergraph is primarily a supplier of workstations but touts itself as a vendor of software, hardware and related services for technical ,creative and information technology professionals. INGR recently entered the merchant graphics board market and currently has an OEM agreement with Compaq to supply 3D boards. The company also has a board in the works that will ship for consumer applications that is based on a chip provided by Rendition. Revenues for the 1996 fiscal year remained flat at $1.1 billion. Net losses rose 52% to $69.1 million. Increased hardware sales in the overall revenue mix continues to put a strain on gross margins , coupled with higher SG&A expense resulted in poor comparisons.

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