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Fictiv, a global supply chain technology company, has entered into an agreement to be acquired by Misumi Group Inc., a global supplier of mechanical components for the manufacturing industry which is headquartered in Japan. Fictiv is an international company with offices in California, Arizona, China, India and Mexico.

This acquisition represents an investment by Misumi to accelerate the emergence of manufacturing and supply chain solutions which deploy the power of artificial intelligence (AI) through digitally native tools built on top of robust physical infrastructure to build real-world products in an efficient, scalable way.

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“This is an exciting moment for our company, but an even more important one for our customers, as this acquisition will enable us to turbocharge our mission to simplify sourcing,” says Nate Evans, Fictiv co-founder and CXO. “Fictiv and Misumi bring together digital and physical infrastructure to support a full bill-of-materials, and reduce the time, cost and risk associated with building and scaling products.”

Fictiv’s global manufacturing supply chain brings together AI-driven technology workflows, a sophisticated global manufacturing network and teams of local manufacturing experts to simplify sourcing for custom mechanical components. To date, Fictiv has produced more than 35 million commercial and prototype components across early-stage and large enterprises in the aerospace, robotics, clean energy, consumer and sectors. Customer adoption of Fictiv’s solution has grown at a rapid pace, accelerated further by the recent launch of production manufacturing solutions, the company says.

“Fictiv and Misumi share a joint vision to make world-class manufacturing and capabilities easier, more accessible, more intelligent and democratized,” says Dave Evans, Fictive co-founder and CEO. “Giving more teams the tools to take their ideas from concept to reality will unlock innovation to fuel the advancements we want to see in the world.”

Based in Japan, Misumi supplies mechanical components, tools, consumables and other products to more than 318,000 companies worldwide. It is said that Misumi is known for strict quality conformance, global logistics excellence and scalability offered by digital tools and customization capabilities. Bringing all this to Fictiv will help make its solution even better and more scalable, benefiting customers by offering a single global platform capable of building an entire bill-of-materials with world-class speed, price and quality.

According to the companies, the manufacturing and supply chain industries are rapidly evolving and increasingly volatile, fueled by shifts in global tariff and trade policy, geopolitical uncertainty, logistics disruptions and technology developments. These events are exposing traditional manufacturing and supply chain methods which can be expensive, inefficient and opaque, creating inordinate risk in building and scaling products.

“From its earliest days, Misumi’s culture of ingenuity and innovation has made us a leader and pioneer in making it easier for customers to procure manufacturing components that fit their needs,” says Ryusei Ono, Misumi Group representative director and president. “Fictiv brings exceptional talent, proven technology and a shared commitment to innovation. Together, Misumi and Fictiv will amplify our customers’ ‘Time Value.’”