Aetrex Worldwide Acquires Sols Systems to Expand Footprint in Orthotics Market
The footwear components market is uniting.
Sols, based in New York, was founded in 2013. It uses computer vision, computational geometry and biomechanics to create 3-D models of an individual’s anatomy based on photos from its imaging system, the first available on a smartphone. The 3-D models are then used to produce custom orthotic devices digitally manufactured on demand. The same technology is also used for the production of customized footwear.
Teaneck, N.J.-based Aetrex Worldwide, which focuses on comfort and wellness footwear and technology, has acquired Sols Systems Inc., a leader of medical and consumer grade 3-D printed orthotics and software used for the mass customization of footwear. The deal closed on Feb. 22.
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