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Tech Soft 3D Completes Acquisition Of Redway3D

Sep 07, 2022almost 3 years ago

Acquiring Company

Tech Soft 3D

Acquired Company

Redway3D

Bend

Description

Tech Soft 3D, the leading provider of engineering software development toolkits, today announces that it has acquired Redway3D, creator of the REDsdk, a software component providing advanced photo-realistic and real-time rendering capabilities. This acquisition is in line with the company's plans to fuel growth by investing in product development, scaling the company's global reach and increasing its product offerings through acquisitions.

Company Information

Company

Tech Soft 3D

Location

Bend, Oregon, United States

About

Tech Soft 3D is the leading global provider of SDKs (software development kits) that help software teams deliver successful applications, as well as the creator of the 3D format that is part of the PDF standard. Established in 1996 and headquartered in Bend, Oregon, Tech Soft 3D also has offices in California, France, Norway, England, and Japan.

DealWatch™ Score

64
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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