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ARKANCE and U.S. CAD complete acquisition of CADD Microsystems to strengthen AECO technology leadership

Apr 09, 2024

Acquiring Company

ARKANCE

Acquired Company

CADD Microsystems

ParisIrvineAlexandriaManufacturingInformation TechnologySoftwareConsultingSoftware

Description

ARKANCE and its subsidiary U.S. CAD have acquired CADD Microsystems, reinforcing their position as the leading providers of AECO technology and value-added services in the United States. This acquisition significantly strengthens ARKANCE as the global leader in comprehensive digitalization solutions for the AECO and manufacturing industries, while empowering AECO and manufacturing organizations to achieve higher levels of digitalization and innovation.

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Company Information

Company

ARKANCE

Location

Paris, Ile-de-France, France

About

ARKANCE has a mission to lead the Manufacturing and Construction industries in digital transformation. By partnering with global technology leaders and developing complementary IP solutions, ARKANCE optimizes its customers’ projects through all phases of the life cycle. ARKANCE was founded in 2018. Fueled by its innovative Partner to Build Smarter strategy, ARKANCE combines its purpose-built Be.Smart software portfolio and expert professional services with solutions from a network of world-class technology partners. With over 1,300 employees spread throughout 50 locations worldwide in 18 countries, ARKANCE is a recognized leader in digital transformation. Learn more at www.arkance.net.

Company

U.S. CAD

Location

Irvine, California, United States

About

U.S. CAD, An ARKANCE Company, is a leading provider of AECO technology solutions. In June 2023, ARKANCE acquired U.S. CAD. ARKANCE was established in 2018 to become the leading digitalization partner for the AECO and manufacturing industries. Through its Partner to Build Smarter strategy, ARKANCE is a major global technology and services provider with over 40,000 customers worldwide and an Autodesk and Bluebeam Platinum Partner. ARKANCE delivers its purpose-built in-house solutions that integrate with Autodesk products under the Be.Smart Portfolio to improve project outcomes. To learn more, visit U.S. CAD.com or ARKANCE.net.

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Frequently asked

Who acquired CADD Microsystems?

CADD Microsystems was acquired by ARKANCE , based in Paris. The deal was reported on April 9, 2024. ARKANCE has a mission to lead the Manufacturing and Construction industries in digital transformation. ARKANCE is privately held and operates in Manufacturing.

When did ARKANCE acquire CADD Microsystems?

ARKANCE 's acquisition of CADD Microsystems was reported on April 9, 2024. ARKANCE and its subsidiary U.S. CAD have acquired CADD Microsystems, reinforcing their position as the leading providers of AECO technology and value-added services in the United States. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CADD Microsystems do?

CADD Microsystems has more than 30 years of experience in the architecture, engineering, construction, infrastructure and O&M industries. It is privately held, operating in Software, and is based in Alexandria.

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