M&A Deal Summary

Cimatron Acquires Gibbs & Associates

On January 2, 2008, Cimatron acquired software company Gibbs & Associates

Acquisition Highlights
  • This is Cimatron’s 1st transaction in the Software sector.
  • This is Cimatron’s 1st transaction in the United States.
  • This is Cimatron’s 1st transaction in California.

M&A Deal Summary

Date 2008-01-02
Target Gibbs & Associates
Sector Software
Buyer(s) Cimatron
Deal Type Add-on Acquisition

Target

Gibbs & Associates

Moorpark, California, United States
Gibbs & Associates provides cutting-edge CAD/CAM technology while maintaining its signature ease-of-use and productivity increasing qualities. Gibbs believes in empowering the NC programmer, machinist, and manufacturing engineer, not eliminating them. Gibbs' goal is to introduce manufacturers to new technologies and new ways of working that make their machining easier and their businesses more profitable. To achieve this goal, Gibbs creates tools that are naturally intuitive, graphically interactive, extremely visual, associative, and just plain enjoyable to use. Gibbs provides a total quality solution with the service and supports successful customers require.

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Buyer(S) 1

Buyer

Cimatron

Givat Shmuel, Israel

Category Company
Sector Software
DESCRIPTION

Cimatron is a provider of integrated 3D CAD/CAM software products and solutions for manufacturing. Cimatron’s products are used by a growing number of companies worldwide for their 3D production molds, tools and dies in a wide variety of functional end-use manufacturing applications. Cimatron is based in Givat Shmuel, Israel.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1