M&A Deal Summary

Tech Soft 3D Acquires Actify SpinFire

On May 1, 2024, Tech Soft 3D acquired software company Actify SpinFire from Actify

Acquisition Highlights
  • This is Tech Soft 3D’s 2nd transaction in the Software sector.
  • This is Tech Soft 3D’s 1st transaction in the United States.
  • This is Tech Soft 3D’s 1st transaction in Michigan.

M&A Deal Summary
Date 2024-05-01
Target Actify SpinFire
Sector Software
Buyer(s) Tech Soft 3D
Sellers(s) Actify
Deal Type Divestiture

Target

Actify SpinFire

Detroit, Michigan, United States
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.

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Buyer(S) 1

Buyer

Tech Soft 3D

Bend, Oregon, United States
Category Company
Founded 1996
Sector Software
DESCRIPTION

Tech Soft 3D is a global provider of development tools that help software teams deliver successful applications. The company’s toolkit products power nearly 500 unique applications running on hundreds of millions of computers worldwide. Tech Soft 3D was founded in 1996 and is based in Bend, Oregon.

DEAL STATS #
Overall 2 of 3
Sector (Software) 2 of 3
Type (Divestiture) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-07 Redway3d

Paris, France

Redway3d is a software component providing advanced photo-realistic and real-time rendering capabilities. Redway3d's REDsdk complements HOOPS Visualize with its strong focus on raytracing-based photorealistic rendering and its game-engine approach to advanced real-time visualization. Redway3d was founded in 2004 and is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-04 Theorem Solutions

Staffordshire, United Kingdom

Theorem Solutions enables engineering and manufacturing companies to extend the use of their 3D design data in the latest innovative and emerging technologies. Theorem provides specialist tools for CAD Translation, Interactive Documentation (3D PDF) and Full Scale Immersive XR Visualization and Collaboration (Augmented, Mixed and Virtual Reality), to meet the needs of engineering today and for the future. Theorem Solutions was formed in 1991 and is headquartered in Staffordshire, England.

Buy -

Seller(S) 1

SELLER

Actify

Detroit, Michigan, United States
Category Company
Founded 1996
Sector Software
DESCRIPTION

Actify helps manufacturers to visualize and interact with design and engineering information. Actify serves a global base of more than 2,000 companies of whom approximately 85% are suppliers to the auto industry. Actify was founded in 1996 and is based in Detroit, Michigan.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

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