NTI Group completed the acquisition of Cadcraft.

NTI Group, a provider of software, completed the acquisition of Cadcraft, a software developer. Financial terms were not disclosed. “It makes me very proud to share the news about Cadcraft becoming a part of the NTI team. I have known Cadcraft and their passion for servicing customers for many years, and I look forward to welcoming many new and competent people into our Swedish team. The new strengthened NTI team in Sweden will enable NTI to become an even stronger technology and solution partner for both existing and new customers. It makes me particularly excited that Cadcraft, so far recognized as a leading D&M solution provider by its customers, immediately elevates our combined and strengthened value proposition in favor of our Swedish and European customers in the D&M industry in Europe," Steen Alexander, NTI Group CEO.