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  6. Hybrid Software Acquires iC3D

M&A Deal Summary

Hybrid Software Acquires iC3D

On March 15, 2022, Hybrid Software acquired software company iC3D from Creative Edge Software

Acquisition Highlights
  • This is Hybrid Software’s 2nd transaction in the Software sector.
  • This is Hybrid Software’s 1st transaction in the United States.
  • This is Hybrid Software’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2022-03-15
Target iC3D
Sector Software
Buyer(s) Hybrid Software
Sellers(s) Creative Edge Software
Deal Type Divestiture

Target

iC3D

Minneapolis, Minnesota, United States
iC3D software suite generates photorealistic 3D virtual mock-ups on the fly, allowing cartons, labels, flexibles, bottles, shrink sleeves, point of sale displays, and in-store visualization to be accurately rendered for design verification and e-commerce applications. iC3D is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Hybrid Software

Cambridge, United Kingdom
Category Company
Founded 1986
Sector Software
Employees277
Revenue 51M EUR (2024)
DESCRIPTION

Hybrid Software is a developer of commercial graphic image software and digital inkjet printing. Hybrid Software digital inkjet technology includes press manufacturers such as HP, Canon, Durst, Roland, Hymmen and Mark Andy. Hybrid Software was founded in 1986 and is based in Cambridge, United Kingdom.

DEAL STATS #
Overall 4 of 4
Sector: Software M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-28 ColorLogic

Rheine, Germany

ColorLogic is a developer of an extensive portfolio of color profiling and conversion software. ColorLogic was founded in 2002 and is based in Rheine, Germany.

Buy -

Seller(S) 1

SELLER

Creative Edge Software

Minneapolis, Minnesota, United States
Category Company
Founded 2013
Sector Software
DESCRIPTION

Creative Edge Software is a provider of 3D technology that helps the ideation/design process in the packaging, labeling, and graphics markets, and quickly enables customers to better engage with packaging while reducing the time to production. Creative Edge Software was founded in 2013 and is based in Minneapolis, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
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