Tech Soft 3D, provider of engineering software development toolkits, has acquired the Actify core business including SpinFire, CAD Publisher and Centro from Actify, Inc., a company in advanced CAD viewing and collaboration technology. This move underscores Tech Soft 3D’s commitment to accelerate growth, as it establishes an End-User Solutions division and broadens its product portfolio through further acquisitions, the company reports.
Actify SpinFire is a CAD viewer and collaboration tool supporting more than 20 standard CAD formats for 3D and 2D viewing, measuring, and markup capabilities for companywide departments including project managers, development, engineers, procurement, sales, supply chain and quality assurance teams.
“Actify has been a long-term user of our HOOPS technology, and we share the common objective of unlocking the true value of 3D CAD files for manufacturing enterprises and their supply chains,” says Ron Fritz, CEO of Tech Soft 3D. “SpinFire has established a strong market position, and we are enthusiastic about leveraging our extensive expertise to enhance collaboration across engineering teams, particularly in handling feedback and client change requests.”
Dave Opsahl, CEO of Actify, adds, “Over the years, Actify has harnessed the power of core component technologies from Tech Soft 3D. They are engineering innovators, and our teams are well acquainted with each other’s code base and working practices. I am confident about what we can achieve together.”
This acquisition marks an advancement for Tech Soft 3D, reinforcing its position as a leader in engineering software development and enhanced solutions in the CAD viewing, CAD data translation, and collaboration space.
Details of the acquisition are not disclosed. Tech Soft 3D is backed by global, technology-focused investment firm Battery Ventures.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
