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. […]
Swedish engineering company Sandvik has agreed to acquire CNC Software Inc., a US-based CAD/CAM software solutions provider for manufacturing industries. The terms of the deal were not disclosed. CNC Software had developed the computer aided manufacturing (CAM) brand — Mastercam. The company will come under Sandvik Manufacturing and Machining Solutions’ design and planning automation division. […]
