Javelin Technologies Inc, an Oakville, Ontario-based provider of 3D design engineering, data management and 3D printing, has merged with Cimetrix Solutions Inc, an Oshawa-based provider of additive manufacturing and laser scanning solutions. No financial terms were disclosed. The combined business, which will take Javelin’s name and serve 6,000 customers in Canada, will be led by Javelin Managing Directors John Carlan and Ted Lee and Cimetrix President and CEO James Janeteas. Javelin, founded in 1997, also said Canadian private equity firm CAI Capital Partners has made an undisclosed investment in the company.
Javelin Technologies and Cimetrix Solutions unite to form additive manufacturing powerhouse for Canadian engineers and manufacturers
OAKVILLE, Ontario, May 07, 2018 (GLOBE NEWSWIRE) — Canada has a new 3D design engineering and additive manufacturing powerhouse. Javelin Technologies and Cimetrix Solutions have merged to boost service to their 6,000 customers who drive innovation in every sector of the Canadian economy.
Javelin Technologies is a veteran in 3D design engineering, product data management, automation, and additive manufacturing (industrial 3D printing) in plastic and metal. Cimetrix is Canada’s authority on additive manufacturing and laser scanning solutions for both industry and educational institutions. Combining the two companies in a unified team creates a new level of service and support for Canada’s most creative, from students and start-ups to the largest top-tier manufacturers.
The senior management team for the integrated company will consist of Javelin’s leaders – John Carlan and Ted Lee – and James Janeteas of Cimetrix. Javelin will continue to be known as Javelin Technologies and Cimetrix will be referred to as “Cimetrix Solutions, a division of Javelin Technologies.” The integrated company covers Canada coast to coast, with offices in Vancouver, Calgary, Edmonton, Winnipeg, Kitchener, Oakville, Oshawa, Montreal, and Dartmouth. All current employees will have a key role in the unified company.
“Our focus has always been on taking care of our customers by understanding what drives their business and providing solutions that affect the bottom line,” Janeteas said. “I’m excited because by combining our expertise and resources, we can be even more responsive and provide even deeper application knowledge and advice.”
Immersed in high-growth sectors
Javelin has a new investment partner − CAI Capital Partners, a private equity firm based in Vancouver. CAI has a long history of partnering with Canadian founder-led businesses to support growth initiatives and build upon their past success.
Separately, Javelin and Cimetrix are already immersed in rapidly changing, high-growth sectors such as manufacturing, energy, and healthcare. Together, they say they’ll be even better positioned to solve their customers’ toughest challenges.
“We shorten the distance between idea and production,” said Javelin’s Lee. “We help people and businesses execute well, and that’s never been more important. Joining Javelin and Cimetrix means we’re putting ourselves exactly where our customers will be and will need us to be.”
Casey Thivierge is Director of Engineering with A.V. Gauge & Fixture, which provides custom gauges and fixtures to manufacturers in all industries. With its main operations near Windsor, Ontario, the company employs more than 250 people in eight facilities in three countries. Thivierge said the merger of Javelin and Cimetrix is good news for their business.
“Our goal is to continually improve in all areas to maintain our high standards of quality and service. We appreciate every resource available to us, from knowledgeable advisers to the latest in technology, systems, and equipment. Javelin and Cimetrix have been an integral part of our growth and development through the years. Now, as a unified team, they’ll become an even stronger force with even more tools and resources to help us. Working with both of them has been and continues to be an outstanding experience. They will continue to propel us, as well as other Canadian businesses, well into the future of advanced manufacturing.”
Helping customers succeed
Javelin is a trusted reseller for SOLIDWORKS software and Stratasys and Desktop Metal 3D printers. In 2017, Javelin’s 20th anniversary year, Canadian Business and PROFIT named Javelin as one of the fastest-growing information technology companies on the PROFIT 500 list. The Javelin website is a source of technical information for designers worldwide and the training team continually expands offerings, with new courses and new delivery methods. Cimetrix is Canada’s leading authority on additive manufacturing, focusing on making technology and equipment solutions work for customers in the real world − from automotive to aerospace, and education to medicine. After 25 years in business, they have built a team of experts who specialize in meeting the most stringent requirements for high-performance prototypes, tooling and manufacturing aids, end use parts, and low volume manufacturing.
Rich Garrity is President, Americas for Stratasys. He said the Stratasys team is excited about having even more additive manufacturing expertise and support covering Canada from coast to coast.
“For the past 17 years, Stratasys has had strong representation in the Canadian market with our veteran partners Cimetrix Solutions and Javelin Technologies. The additive manufacturing landscape is changing at an ever-increasing rate and we value and need strong, industry-defining partnerships to help customers navigate.”
For more information, visit javelin-cimetrix.com and join the conversation by following and using the hashtag #aimhigher, based on Javelin’s tagline, “Aim high.”
Karen Majerly, Communications at Work
office 905 319 8380 mobile 905 630 8384
Photo courtesy of Javelin Technologies Inc