Nextech AR Solutions Acquires Threedy.ai

May 14, 2021

Nextech AR Solutions Corp. agreed to acquire Silicon Valley–based Threedy.ai, Inc., an AI-powered 3D model creation company, in an all-stock transaction valued at US$9.5 million. The deal (signed via an LOI in May 2021 and closed in June 2021) brings Threedy's founders and AI/engineering team into Nextech to scale automated 3D model creation for e-commerce and AR use cases.

Buyers
Nextech AR Solutions Corp.
Targets
Threedy.ai, Inc.
Sellers
Threedy.ai stockholders
Location
California, United States
Transaction Type
Buyout

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