Acquiring Company
Tech Soft 3D
Acquired Company
Redway3D
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.
DealWatch™ Score
64
High M&A Activity
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M&A Insights
Based on deal dataIntegration 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