Javelin merges with Cimetrix, CAI Capital Partners invests

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.

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