Lockheed Martin buys Cary company
Triangle Business Journal - by Chris Coletta
3Dsolve, a Cary company that makes "serious" video games to train government, military and corporate workers, has been bought by aerospace giant Lockheed Martin.
Terms of the deal weren't disclosed.
Privately held 3Dsolve will become a part of Bethesda, Md.-based Lockheed's simulation, training and support division, but the company's roughly 20 employees are expected to keep their jobs and remain in Cary. 3Dsolve CEO Richard Boyd will become director of 3-D learning systems for Lockheed.
3Dsolve was founded in 2001 by Boyd, a University of North Carolina at Chapel Hill graduate and entrepreneur, and Frank Boosman, a technology veteran who co-founded video game development company Red Storm Entertainment.
The gaming technology employed by the company is proving increasingly popular as games become more mainstream and corporate leaders look for innovative ways to train their workers. The U.S. military has been a major customer of 3Dsolve's - making the company a good fit for Lockheed.
Boosman wrote on his personal blog that news of the acquisition was welcomed by the startup's top brass.
'We've always felt like we had superior technology," Boosman wrote. "Now we get to see what we can do when that technology is backed up by the world's largest defense contractor."
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