{"id":192734,"date":"2022-10-26T00:00:00","date_gmt":"2022-10-26T00:00:00","guid":{"rendered":"https:\/\/facfox.com\/news\/stratasys-acquires-software-company-riven-am-software\/"},"modified":"2022-10-26T00:00:00","modified_gmt":"2022-10-26T00:00:00","slug":"stratasys-acquires-software-company-riven-am-software","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/stratasys-acquires-software-company-riven-am-software\/","title":{"rendered":"Stratasys acquires software company Riven AM Software"},"content":{"rendered":"<p>Stratasys Ltd. (NASDAQ: SSYS), a leader in polymer <a href=\"https:\/\/facfox.com\/service\/3d-printing-service\" target=\"_blank\" rel=\"noopener\">3D printing<\/a> solutions, announced today the acquisition of quality assurance software company Riven. The Berkeley, Calif.,-based st<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>-up, has been a Stratasys connectivity software p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>ner and its cloud-based software solution will now be fully integrated into Stratasys\u2019 GrabCAD Additive Manufacturing Platform, benefiting customers using any Stratasys 3D printer running GrabCAD Print software.<\/p>\n<p>   <img decoding=\"async\" src=\"\/news\/wp-content\/uploads\/2023\/05\/2966575410880868509.jpg\" class=\"aligncenter\">  \u201cWe believe that by identifying state-of-the-<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a> technology platforms and cultivating them under the Stratasys umbrella, companies like Riven can add incremental growth engines to our platform. By integrating Riven\u2019s offerings into our GrabCAD software platform, we will enable more manufacturing customers to adopt Stratasys solutions for end-use p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>s production,\u201d said Stratasys Vice President of Global Software Shaul Samara. \u201cThis important functionality will help ensure production-scale p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>s are 3D printed accurately and can be inspected quickly within a closed-loop additive manufacturing process. The acquisition of Riven is another example of how we are working to ensure we are providing our customers with complete solutions across the entire additive manufacturing digital thread.\u201d<\/p>\n<p>Riven\u2019s cloud-based software helps customers quickly inspect, diagnose, and automatically correct deviations between CAD files and actual printed p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>s, resulting in more accurate p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>s at a lower overall cost. A new version in testing uses <a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>ificial intelligence to pre-adjust the models automatically. P<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>s inspection in p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>icular can be a significant bottleneck in the production process, in many cases creating delays of weeks or months. By integrating Riven\u2019s software into a closed-loop <a href=\"https:\/\/facfox.com\/service\/3d-printing-service\" target=\"_blank\" rel=\"noopener\">3D printing<\/a> process, Stratasys will be able to help its customers scale their shipments of 3D printed end-use p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>s while reducing waste through fewer iterations to improve sustainability.<\/p>\n<div style=\"background-color: #eaeaea7a;padding: 15px 30px;align-items: center;border-radius: 4px;margin-top: 1em;margin-bottom: 1em\">\n<div style=\"flex: 1;padding-right: 30px\">\n<h4 style=\"margin-bottom: 14px\">Manufacturing on Demand<\/h4>\n<div>Realize your creation with full capabilities, expand your business from prototyping to mass production.<\/div>\n<\/div>\n<p><a href=\"https:\/\/facfox.com\" target=\"_self\" rel=\"noopener noreferrer\" style=\"background-color: #0baee8;color: white;padding: 10px 20px;border-radius: 4px\"><i aria-hidden=\"true\" class=\"fa-fw auxicon auxicon-cloud-upload\"><\/i> Get Quote<\/a><\/div>\n<p>\u201cIt\u2019s been clear to us for some time how much quality is in Stratasys\u2019 DNA, so we knew joining them would be a great fit,\u201d said Riven founder James Page, who will now be a software vice president at Stratasys. \u201cOur combined mission is to ensure that users\u2019 3D printed reality matches the CAD file each time. By enabling even higher accuracy, we can open new markets and <a href=\"https:\/\/facfox.com\/news\/topics\/insights\/applications\" target=\"_blank\" rel=\"noopener\">application<\/a>s.\u201d<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"\/news\/wp-content\/uploads\/2023\/05\/1723385164833462648.jpeg\"><\/p>\n<p>Stratasys\u2019 GrabCAD AM Platform enables two-way connectivity between 3D printers, additive manufacturing and enterprise <a href=\"https:\/\/facfox.com\/news\/topics\/insights\/applications\" target=\"_blank\" rel=\"noopener\">application<\/a>s, and broader Industry 4.0 infrastructure. The open and enterprise-ready platform brings together GrabCAD <a href=\"https:\/\/facfox.com\/news\/topics\/insights\/applications\" target=\"_blank\" rel=\"noopener\">application<\/a>s and functionality from GrabCAD Software P<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>ners. This allows manufacturers to manage their production-scale additive manufacturing operations across the entire digital thread, from design through production.<\/p>\n<p>The acquisition, which closed in October 2022, included all intellectual property associated with Warp Adaptive Modeling (WAM) and Predictive WAM (PWAM).&nbsp; Members of the Riven team will be integrated into the Stratasys Software business unit.<\/p>\n<blockquote style=\"font-size: 16px;border-left: 4px solid #cdcdcd;border-radius: 4px;background-color: #f9f9f9;font-weight: 500;color: dimgrey\">\n<h5 style=\"margin-bottom: 6px\">You might also like:<\/h5>\n<p><a href=\"https:\/\/www.voxelmatters.com\/alliance-pte-ltd-gives-titomic-access-to-asias-marine-industry\/\" target=\"_blank\" rel=\"noopener\">Alliance Pte Ltd gives Titomic access to Asia\u2019s marine industry: <\/a>Revenue to Titomic, from the reseller agreement, will be based on machines sold. While it is not therefore possible to provide any revenue estimate, Titomic does consider the reseller agreement as material. This is because Alliance will be a key partner in a new sector in Asia not currently serviced by Titomic. The reseller agreement is exclusive for Malaysia and Singapore, for the initial term of one year, and is subject to normal termination provisions. If Alliance does not purchase a demonstration D523 machine from Titomic within 6 months, or agree on an annual minimum purchase obligations target with Titomic within 45 days, then the reseller agreement becomes non-exclusive.<\/p><\/blockquote>\n<p style=\"font-size: 14px;color: grey\">* This article is reprinted from <a href=\"https:\/\/www.voxelmatters.com\/stratasys-acquires-software-company-riven\/\" target=\"_blank\" rel=\"noopener\">3D Printing Media Network<\/a>. If you are involved in infringement, please contact us to delete it.<\/p>\n<p><i class=\"far fa-fw fa-user\"><\/i> Author:&nbsp;VoxelMatters<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stratasys Ltd. (NASDAQ: SSYS), a leader in polymer 3D printing solutions, announced today the acquisition of quality assurance software company Riven. The Berkeley, Calif.,-based start-up, has been a Stratasys connectivity software partner and its cloud-based software solution will now be fully integrated into Stratasys\u2019 GrabCAD Additive Manufacturing Platform, benefiting customers using any Stratasys 3D printer running GrabCAD Print software.<\/p>\n","protected":false},"author":3,"featured_media":192736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"\/news\/wp-content\/uploads\/2023\/05\/2966575410880868509.jpg","fifu_image_alt":"","footnotes":""},"categories":[285],"tags":[4046,5055],"class_list":["post-192734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-acquisitions","tag-mergers-partnershipsam-softwarecam-slicingprocess-monitoringsimulation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Stratasys acquires software company Riven AM Software - FacFox News<\/title>\n<meta name=\"description\" content=\"Stratasys Ltd. (NASDAQ: SSYS), a leader in polymer 3D printing solutions, announced today the acquisition of quality assurance software company Riven. The Berkeley, Calif.,-based start-up, has been a Stratasys connectivity software partner and its cloud-based software solution will now be fully integrated into Stratasys\u2019 GrabCAD Additive Manufacturing Platform, benefiting customers using any Stratasys 3D printer running GrabCAD Print software.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/facfox.com\/news\/stratasys-acquires-software-company-riven-am-software\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stratasys acquires software company Riven AM Software\" \/>\n<meta property=\"og:description\" content=\"Stratasys Ltd. (NASDAQ: SSYS), a leader in polymer 3D printing solutions, announced today the acquisition of quality assurance software company Riven. 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(NASDAQ: SSYS), a leader in polymer 3D printing solutions, announced today the acquisition of quality assurance software company Riven. 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(NASDAQ: SSYS), a leader in polymer 3D printing solutions, announced today the acquisition of quality assurance software company Riven. 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