VIAS3D, headquartered in North America, a specialized provider of digital engineering solutions and its subsidiary in India, has announced the acquisition of India-based CADmarC Software Pvt Ltd. This is the first acquisition by VIAS3D in India. The company headquartered in Houston, Texas has made successful acquisitions in the USA and Mexico in the past, as a part of its growth strategy which will significantly augment its reach in both traditional and emerging markets.
Trivandrum based CADmarC Software is a specialist engineering company engaged in providing customized design-based solutions to industries, enabling them to expand their solutions and services to multiple industries and regions in India.
This acquisition is done with the vision of creating value for Indian and global clients by providing the top-notch engineering service and broaden the reach to both core as well as emerging industries. With the rapid economic growth in India, VIAS3D plans to mark its presence in the sub-continent and double its combined install base in the next 3 years, creating immense value to the community, shareholders and employees by applying global industry best practices with help of seasoned technical experts. Company aims to double its revenue by 2025, growing at 30 to 50 % CAGR per year by supporting Industries such as Electric Vehicles, High Tech, Manufacturing and Aerospace Defense and Space in their product development.
Sumanth Kumar, Global CEO of VIAS3D, mentions, “We are extremely proud to be able to expand our solutions and services in India with this latest acquisition. VIAS3D has made a mark in the industry by having top-notch technical experts in India, backed by a seasoned global engineering team in USA & Mexico with in-depth knowledge of various industry processes. We welcome CADmarC team with open arms to provide global value to the engineering community”. This will help innovative companies to adopt the best-in-class product development solutions. The combined customer base will also add to VIAS3D’s outreach from private companies to now providing services and solutions to the Government sector as well.” He added.
Manmadhan MK, the Founder of CADmarC, said, “CADmarC Software and VIAS3D share common values of placing customers first and offering deep technical expertise to help them succeed. We are confident that VIAS3D will continue to provide strong customer support and attention to our clients.”
With the advanced expertise of VIAS3D on the 3DEXPERIENCE platform along with the rich history in SIMULIA and CATIA product suites from Dassault Systemes, the acquisition in India brings in strong partner support for the existing customers.
The acquisition aligns with VIAS3D’s strategy of expanding its solutions and service offerings in integrated engineering, using virtual design and data analysis, to further improve product development across various sectors.