Aras Corporation acquired Softech S.r.l. from SofTech, Inc..
August 01, 2018
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Aras Corporation acquired Softech S.r.l. from SofTech, Inc. (OTCPK:SOFT) on August 2, 2018. Following the acquisition, all current SofTech S.r.l. employees are remaining with the company and will become employees of Aras.
Aras Corporation completed the acquisition of Softech S.r.l. from SofTech, Inc. (OTCPK:SOFT) on August 2, 2018.
SofTech, Inc. is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The Company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer aided design (CAD), and product data management (PDM) and collaboration technologies. In addition, the Company offers a technology platform that allows data exchange between various third party technology offerings known as the Company's connector offering. The Company's products include ProductCenter, Connector Platform, HomeView and CADRA. The Company operates in the United States and Europe and has sales and customer support offices in the United States and Italy. The Company also operates through re-sellers in North America, Europe and Asia.
SOFTECH, INC. 
