Announced

Completed

Bechtle completed the acquisition of DriveWorks.

Synopsis

Bechtle, a strategic IT consultancy services provider, completed the acquisition of DriveWorks, a Design Automation and CPQ Product Configurator software provider. Financial terms were not disclosed. “We are thrilled to be part of Bechtle. We share the same drive, passion, and commit- ment to delivering exceptional technology to manufacturers worldwide, while valu- ing the people who make it all possible. The demand for Design Automation, 3D Visualization, Prod- uct Configuration, and CPQ solutions is growing rapidly. Together with Bechtle, we will extend the benefits of DriveWorks technology to further support our customers’ success,” Maria Sarkar, DriveWorks Vice President and Co-Founder.

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