M&A Deal Summary

SigmaTEK Systems Acquires Cimatron

On November 3, 2020, SigmaTEK Systems acquired software company Cimatron from 3D Systems

Acquisition Highlights
  • This is SigmaTEK Systems’ 1st transaction in the Software sector.
  • This is SigmaTEK Systems’ 1st transaction in Israel.

M&A Deal Summary

Date 2020-11-03
Target Cimatron
Sector Software
Buyer(s) SigmaTEK Systems
Sellers(s) 3D Systems
Deal Type Divestiture

Target

Cimatron

Givat Shmuel, Israel
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.

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Buyer(S) 1

Buyer

SigmaTEK Systems

Cincinnati, Ohio, United States

Category Company
Founded 1993
Sector Software
DESCRIPTION

SigmaTEK Systems develops and sells SigmaNEST, a comprehensive software solution for nesting, NC programming and cutting of sheet metal, steel and aluminum plate, tube/pipe, composite and engineered materials and wood. SigmaNEST is the leading CAD/CAM nesting system for plasma, laser, punch, oxyfuel, waterjet, router, knife, tube/pipe and combination cutting machines. SigmaNEST ensures superior material utilization, machine motion optimization and maximum part quality balanced with cutting speed, work flow integration, material handling, accurate estimates and information management. SigmaTEK Systems was founded in 1993 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
Country (Israel) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

3D Systems

Rock Hill, South Carolina, United States

Category Company
Founded 1986
Sector Machinery
Employees2,032
Revenue 538M USD (2022)
DESCRIPTION
Entrance to 3D Systems' corporate headquarters in Rock Hill, South Carolina.
Entrance to 3D Systems' corporate headquarters in Rock Hill, South Carolina.

3D Systems is a provider of 3D content-to-print solutions including 3D printers, print materials and on-demand custom parts services for professionals and consumers alike. The Company also provides creative content development and design productivity tools. 3D Systems' integrated solutions replace, displace and complement traditional methods and reduce the time and cost of designing new products. 3D Systems was incorporated in 1986 and is based in Rock Hill, South Carolina.


DEAL STATS #
Overall 3 of 6
Sector (Software) 1 of 2
Type (Divestiture) 3 of 6
Country (Israel) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-30 Village Plastics

Norton, Ohio, United States

Village Plastics, Inc. is a manufacturer of Thermoplastic Welding Rod and 3D Printing Filament dedicated to meeting all of your plastic fabricating and 3D printing needs. Village Plastics Co. was established in 2004 and is headquartered in Norton, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-06 Allevi

Philadelphia, Pennsylvania, United States

Allevi is a developer of bioprinting solutions, comprising 3D bioprinters, biomaterials (also known as bioinks), and specialized laboratory software. Allevi was founded in 2014 and is based in Philadelphia, Pennsylvania.

Buy -