Vires makes simulation software that will aid in developing the Hexagon “autonomous X vision.” For years, Hexagon has been acquiring companies in a variety of 3D-related technologies for engineering disciplines of process and power plant design, civil engineering, and related geographic data applications, including 3D scanning. More recently, the company has been buying … [Read more...] about Hexagon acquisition points to autonomous driving strategy
acquisitions
Aveva adds to steel fabrication portfolio
FabTrol provides automated estimating and bid preparation for steel design. Plant design software specialist Aveva has agreed to acquire FabTrol Systems, Inc. of Eugene, Oregon. Aveva will add FabTrol’s software for steel design estimating and bid preparation to its Aveva Everything 3D suite. Terms of the deal were not announced. Aveva says FabTrol software is … [Read more...] about Aveva adds to steel fabrication portfolio
The Foundry has a new majority owner
London private equity firm HgCapital pays $312 million to add The Foundry to its Technology, Media & Telecommunications group. The Foundry, best known for its creative media products Mari, Modo, and Nuke, has a new majority owner. London private equity firm HgCapital has paid £200 million ($312 million) to take over majority ownership from The Carlyle Group. The … [Read more...] about The Foundry has a new majority owner
Tech Soft 3D acquires Tetra4D to expand 3D PDF expertise
The deal gives Tech Soft 3D direct access to end users of 3D PDF technology. Today Tech Soft 3D announced the acquisition of Tetra4D, a leading vendor of 3D PDF technology. Tech Soft 3D servers other software vendors, while Tetra4D sells to end user. The combination of the two means Tech Soft 3D now has direct relationships with end users. Terms of the deal were not … [Read more...] about Tech Soft 3D acquires Tetra4D to expand 3D PDF expertise
3D Systems to acquire Geomagic
Making good on its recently announced fifth growth initiative, 3D Systems will own the top two technologies for scan-to-CAD. 3D Systems (NYSE:DDD) today announced it will acquire Geomagic, Inc., provider of 3D authoring products for turning 3D scan data into 3D content for product design and inspection. Geomagic made news recently with the announcement of Spark, a new … [Read more...] about 3D Systems to acquire Geomagic