From what I have read:
Cadkey filed for bankrupcy (possible to escape a lawsuit for backward engineering somebody else's program and/or to escape longstanding debt for FastSurf/FastSolids which they acquired but never paid for)
Then Kubotek bought the company, changed the name, and kept all the same (mis)managers on board. From what I hear, nothing much has changed.
I must reiterate, this is what I heard, I cannot back it with any facts.
We used to be Cadkey customers too, but finally had enough of paying AUC's but getting nothing for it.
Dan
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