# Battery Ventures acquires SigmaTEK Systems

SigmaTEK Systems, author of SigmaNEST nesting software for sheet metalworking, has been acquired by venture capital firm Battery Ventures. The deal value was not disclosed.

- Type: Acquisition
- Announced: 2018-10-26
- Where: Cincinnati, Ohio, United States
- Status: completed
- Products: SigmaNEST nesting software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Battery Ventures](https://endata.com/companies/1763.md) (acquirer)
- [SigmaTEK Systems](https://endata.com/companies/19183.md) (target)

## Sources

- [machinery.co.uk](https://www.machinery.co.uk/content/news/sigmanest-author-acquired-by-venture-capitalist-battery-ventures), 2018-10-26: "I am extremely excited to join SigmaTEK and to partner with Battery, a firm with extensive experience in software businesses globally, as well as specific experience in the CADCAM sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.