Sandvik building CAM powerhouse by acquisition

Sandvik building CAM powerhouse by acquisition

Sandvik building CAM powerhouse by acquisition Last year Sandvik acquired CGTech, makers of Vericut. I, like many people, thought “well, that’s interesting” and moved on. Then in July, Sandvik announced it was snapping up the holding company for Cimatron, GibbsCAM...
Missed it: Sandvik also acquiring GibbsCAM, Cimatron & SigmaNEST

Mastercam will be independent no more

Mastercam will be independent no more CNC Software and its Mastercam have been a mainstay among CAM providers for decades, marketing its solutions as independent, focused on the workgroup and individual. That is about to change: Sandvik, which bought CGTech late last...
Missed it: Sandvik also acquiring GibbsCAM, Cimatron & SigmaNEST

Lectra to buy Gerber Technologies

Lectra to buy Gerber Technologies This is big: Lectra has announced that it plans to acquire Gerber Technology for “an upfront payment of 175 million euros – through a combination of cash and debt – plus 5 million newly issued Lectra shares to … Gerber...
Missed it: Sandvik also acquiring GibbsCAM, Cimatron & SigmaNEST

Battery Ventures buys Cimatron & GibbsCAM from 3D Systems

Battery Ventures buys Cimatron & GibbsCAM from 3D Systems It was just announced that Battery Ventures, an investor across our PLMish universe and most recently in Tech Soft, will buy the Cimatron and GibbsCAM software businesses from 3D Systems Corporation. But...
Missed it: Sandvik also acquiring GibbsCAM, Cimatron & SigmaNEST

Quickie: Hexagon snaps up ESPRIT CAM solutions

Quickie: Hexagon snaps up ESPRIT CAM solutions Remember just yesterday, when Hexagon CEO Ola Rollén told investors to stay tuned, that there was significant acquisition activity, even in a time of Covid? Welp. Today, Hexagon announced that it will acquire D.P....
MuM’s Q3 down 7% — but that’s better than Q2

MuM’s Q3 down 7% — but that’s better than Q2

MuM’s Q3 down 7% — but that’s better than Q2 One of the earnings bellwethers in our PLMish universe, Mensch und Maschine (MuM), reported this morning that its Q3 was … not as bad as Q2 … and that it expects Q4 to start ramping back up....
Missed it: Sandvik also acquiring GibbsCAM, Cimatron & SigmaNEST

CGTech to be acquired by Sandvik

CGTech to be acquired by Sandvik Sandvik, a global engineering company with about 40,000 employees, has announced that it will acquire CGTech, the company you probably know best as the maker of VERICUT, the CNC verification and optimization software. Sandvik is a...