Tech Soft 3D Strengthens Portfolio with Acquisition of Actify SpinFire Business
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Acquisition Cements the Company’s Position as the Leading Provider of CAD Data Translation, Visualization, and Collaboration tools for both Application Developers and End-Users
May 1st, 2024 – BEND, OR – Tech Soft 3D, the leading provider of engineering software development toolkits, today announces that it has acquired the Actify core business including SpinFire, CAD Publisher and Centro from Actify, Inc., a leading force in advanced CAD viewing and collaboration technology. This strategic move underscores Tech Soft 3D's commitment to accelerate growth, as it establishes an End-User Solutions division and broadens its product portfolio through further acquisitions.
Actify SpinFire is a powerful 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.
Ron Fritz, CEO of Tech Soft 3D, commented on the acquisition, stating, "Actify has been a long-term user of our HOOPS technology, and we share the common objective of unlocking the true value of 3D CAD files for manufacturing enterprises and their supply chains. SpinFire has established a strong market position, and we are enthusiastic about leveraging our extensive expertise to enhance collaboration across engineering teams, particularly in handling feedback and client change requests."
While Tech Soft 3D remains dedicated to providing core intellectual property to developers, the SpinFire team will continue its commitment to delivering future products and providing top-tier support to customers and the global reseller network.
Dave Opsahl, CEO of Actify Inc., expressed confidence in the collaboration, stating, "Over the years, Actify has harnessed the power of core component technologies from Tech Soft 3D. They are engineering innovators, and our teams are well acquainted with each other’s code base and working practices. I am confident about what we can achieve together."
This acquisition marks a significant step for Tech Soft 3D, reinforcing its position as a leader in engineering software development and enhanced solutions in the CAD viewing, CAD data translation, and collaboration space. For further information, please visit www.techsoft3d.com
Details of the acquisition are not disclosed. Tech Soft 3D is backed by global, technology-focused investment firm Battery Ventures.
About Tech Soft 3D
Tech Soft 3D is the leading provider of engineering software development toolkits. Established in 1996 and headquartered in Bend, Oregon, Tech Soft 3D also has offices in California, France, England, Japan and Norway. The company’s toolkit products power more than 700 unique applications running on hundreds of millions of computers worldwide. Tech Soft 3D is backed by investment firm Battery Ventures. For more information, visit www.techsoft3d.com.
About Actify
For 15+ years, Actify has been helping 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 is headquartered in Detroit, Michigan with sales and support in 45 countries through its offices in the United States, United Kingdom, Germany, and a global network of partners. For more information, please visit www.actify.com.
HOOPS is a registered trademark of Tech Soft 3D. All other products or company references are the property of their respective holders.
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