Hybrid Software Acquires 3D Software Business Hybrid Software Group PLC has acquired the business and assets related to iC3D from Creative Edge Software. The iC3D software suite is said to generate photorealistic 3D virtual mock-ups on the fly, allowing cartons, labels, flexibles, bottles, shrink sleeves, point of sale displays, and in-store visualization to be accurately rendered for design verification and e-commerce applications. In addition, iC3D offers a large library of mod- eling templates for digital packaging design and
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prototyping, as well as an online viewing platform, which allows designers, brands, and print provid- ers to collaborate on new designs with accurate re- al-time 3D rendering. Consideration for the acquisition is $4 million in cash, which has been paid in full. Actega Commits To Sustainability Goals Actega, a manufacturer of specialty coatings, inks, adhesives and sealing compounds for the print and packaging industry, said it is reducing the CO2 emissions in its manufacturing processes by 80 per- cent, its water consumption by 50 percent and its disposed waste by 45 percent. In 2020, more than 20 percent of the company’s turnover was generat- ed by sustainable products and, of all new product developments in progress today, 60 percent are be- ing designed with sustainability improvement as a critical feature or unique selling point. (From left) Mike Rottenborn, CEO of Hybrid Software Group; Trevor Haworth, CEO of Cre- ative Edge; and Guido Van der Schueren, Chair- man, Hybrid Software Group, celebrate the clos- ing of the acquisition.
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