Sandvik AB, a global engineering group, has entered into a definitive agreement to acquire Cimquest Inc., a leading United States-based reseller of Computer Aided Manufacturing (CAM) solutions and a prominent member of the Mastercam reseller network. This acquisition is poised to significantly enhance Sandvik’s footprint in the CAM domain, leveraging Cimquest’s extensive experience and market […]
Swedish engineering company Sandvik has wrapped up its previously announced acquisition of US-based CNC Software, a CAD/CAM software solutions provider for manufacturing industries. CNC Software had developed Mastercam, a computer aided manufacturing (CAM) brand in the industry. The deal was announced in August 2021. Last year, CNC Software had registered revenues of nearly $60 million. […]
