Visual Kinematics (“VKI”), a leading supplier of component software tools to the Computer Aided Engineering (CAE) industry, has been acquired by Tech Soft 3D, the leading provider of software engineering development kits.
- VKI has developed the industry’s most advanced multi-disciplinary CAE and simulation component toolkits that are embedded in the majority of leading CAE systems and are used to help analyze the world’s most advanced products
- DevTools™ from VKI will add significant CAE capabilities to Tech Soft 3D’s existing SDK portfolio, including mesh generation, solvers, and CAE visualization and interoperability tools
- Companies using software development toolkits from Tech Soft 3D include industry leaders such as Adobe, Autodesk, Hexagon, Dassault Systèmes, Trimble, 3D Systems, Bentley, ANSYS and more
- The global CAE market is expected to reach $11.1 billion by 2023, rising at a market growth of 10.7% CAGR — driven by increased complexity of products and analysis needs of new industries such as IIoT, new material development and generative design
About Visual Kinematics (VKI)
Established in 1989 and headquartered in Saratoga, California, VKI develops and supports a broad suite of component software development toolkits for computer aided engineering (CAE) applications. Its products are used by many of the CAE industry’s largest and most respected software companies to deliver applications for structural analysis, heat transfer, computational fluid dynamics and electromagnetics.
About Tech Soft 3D
Established in 1996 and headquartered in Bend, Oregon, Tech Soft 3D is the leading global provider of development tools that help software teams deliver successful applications. Tech Soft 3D also has offices in California, France, England, Japan, and Norway. The company’s toolkit products power nearly 600 unique applications running on hundreds of millions of computers worldwide. Tech Soft 3D is backed by investment firm Battery Ventures.
About Battery Ventures
Founded in 1983, Battery is a global, technology-focused investment firm with offices in the U.S., Europe and Israel. Driven by a research-focused style of investing the firm regularly makes early, growth and buyout investments in the technology market. The firm is currently investing out of its 13th family of funds, capitalized at $2 billion, and has capitalized more than $9 billion since inception.
MPG Transaction LeaderRalph Verrilli