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“The acquisition of CNC Software and the Mastercam portfolio, in combination with our existing offerings and extensive manufacturing capabilities, will make Sandvik a leader in the overall CAM market measured in installed base. “This is in line with our strategic focus to grow in the digital manufacturing space, with special attention on industrial software close to component manufacturing,” said Sandvik CEO Stefan Widing.
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Sandvik has signed an agreement to acquire US-based CNC Software Inc, a provider of CAD/CAM software solutions for manufacturing industries including Mastercam, one of the most widely used CAM brands.īy acquiring CNC Software, Sandvik gains a powerful brand name in Mastercam, which boasts an install base of around 270,000 licenses/users, which it claims is the largest in the industry, as well as an established reseller network and partnerships with machine makers and tooling companies.ĬNC Software will join the growing Design & Planning Automation division within Sandvik Manufacturing and Machining Solutions.
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