Javelin Technologies, Oakville, Ontario, and Cimetrix Solutions, Oshawa, Ontario, have merged with the aim of providing an enhanced service offering to a combined total of around 6,000 customers in Canada.
Javelin Technologies provides AM design engineering, product data management, automation and industrial metal and plastic Additive Manufacturing and is a trusted reseller for Solidworks software and Desktop Metal machines. Cimetrix offers Additive Manufacturing and laser scanning solutions for both industry and education, in fields as varied as automotive, aerospace and medicine.
The senior management team for the integrated company will consist of John Carlan and Ted Lee, Javelin’s co-founders and Owners, and James Janeteas, founder, CEO and President of Cimetrix. Javelin will continue to be known as Javelin Technologies, while Cimetrix will now be referred to as ‘Cimetrix Solutions, a division of Javelin Technologies.’
“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 stated. “I’m excited because by combining our expertise and resources, we can be even more responsive and provide even deeper application knowledge and advice.”
“We shorten the distance between idea and production,” added 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.”
Separately, Javelin and Cimetrix are already said to be highly involved in rapidly changing, high-growth sectors such as manufacturing, energy and healthcare. Together, the companies stated that they will be even better positioned to solve their customers’ toughest challenges. In addition, Javelin reported that it has a new investment partner − CAI Capital Partners, a private equity firm based in Vancouver, British Columbia. CAI has a long history of partnering with Canadian founder-led businesses to support growth initiatives and build upon their past success
Rich Garrity, President, Americas for Stratasys, commented that the Stratasys team sees the merger as a positive step. “For the past seventeen 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.”