Announced
Completed
Financials
Tags
Acquisition
Engineering Consulting
Cross Border
smart pipe infrastructure
Single Bidder
Majority
Private
Friendly
Completed
United States
Synopsis
Titomic, an additive manufacturing specialist, completed its acquisition of Tri-D Dynamics, a Silicon Valley-based design and manufacturing company developing smart pipe infrastructure for the 21st-century economy. Financial terms were not disclosed. "The acquisition of the Tri-D business is an important part of our US strategy into the defense and aerospace industries where there is a strong need for the cost and performance advantages which our market-ready solutions with best-in-class CSAM technology provide. The team from Tri-D will add Silicon-Valley innovation and dynamics to develop novel and disruptive applications in line with our growth strategy," Herbert Koeck, Titomic CEO.
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