SyBridge Technologies Acquires Advantage Engineering
The acquisition adds advanced rapid prototyping and 3D printing to the company’s capabilities.
SyBridge Technologies, a global industrial technology company, has acquired Advantage Engineering Inc., a leading provider of rapid prototyping and additive manufacturing solutions headquartered in Windsor, Ontario. This transaction expands SyBridge’s suite of end-to-end industrial technology solutions for customers. Advantage represents SyBridge’s sixth acquisition in the last twelve months.
The acquisition of Advantage enables SyBridge to offer innovative online quoting for digital rapid prototyping and additive manufacturing. This online quoting process will be a part of SyBridge IoT Cloud, the company’s digital platform. Advantage’s proficiencies in plastic and metal 3D printing, aluminum tooling production and low volume plastic injection molding are projected to build out SyBridge’s industrial technology solutions. These solutions enable SyBridge to serve customers in the electric vehicle, life sciences and consumer products markets.
Andy Aiton, president of the SyBridge Technology & Services business unit, says, “This acquisition will allow SyBridge to better engage with customers during the product development phase. By utilizing a wide range of in-house capabilities and digital technologies, we can now generate an online quote within minutes and prototype parts in days.”
Tony Nardone, CEO of SyBridge, adds, “Advantage helps to add a critical piece of the puzzle in SyBridge’s development into a comprehensive industrial technology solutions partner to our customers. As a single point of contact with e-commerce and IoT services, we can reduce lead-times and improve quality to best meet our customers’ product development, low volume production, tooling and service & repair needs.”
To learn more about SyBridge, read MoldMaking Technology’s feature article on the company, “Growing Moldmaking into Industrial Manufacturing.”
