Owners
CNC Software, Inc. the American is a company (headquartered in Tolland, Connecticut) that develops and sells software in/. CADCAM The main product is Mastercam, one of the most common CAM packages in the world.
The company was founded in 1983 as the family business of Brian and Mark Summers. Mastercam's worldwide sales reached $72 million in 2008.
History
2021: Sandvik Acquisition Agreement
The group of companies Sandvik signed an agreement to acquire CNC Software Inc, a CADCAM supplier/solutions for metalworking industry Mastercam brand. This became known on September 17, 2021.
Thanks to the acquisition of CNC Software, Sandvik becomes the owner of the world-class CAM brand and the Mastercam software package - a CAM system with a user base (about 270,000 licenses). CNC Software will join the Automation of Design, Planning and Production Preparation division within the Sandvik Manufacturing and Machining Solutions business line of the Sandvik group of companies.
Over the past 2 years, Sandvik Coromant's alliance (a division of Sandvik's international industrial group), a global supplier of tools, solutions and know-how for the metalworking industry, and CNC Software, the developer of the Mastercam CAD/CAM system, has demonstrated high results from collaboration. So, within the framework of the technological partnership, many projects were implemented to develop digital platforms, special applications and solutions, research and testing methods were carried out, and, algorithms ON as well as the customization of tool trajectories for its geometry and processing conditions.
As of September 2021, CNC Software holds a strong position in the CAM systems market, in particular, among small and medium-sized manufacturing enterprises (SMEs), which supports Sandvik's strategic ambitions in the development of solutions for automation of SME production. Combining Mastercam's advantages with Sandvik's offerings and innovations will be an important tool for end-to-end automation of production processes at customer enterprises in the future.
Combining our know-how in the field of metalworking and Mastercam's experience in the field of CAM systems will improve the quality of processing and reduce the share of scrap in the production of our customers. It is important to note that we will implement data storage functions for future reuse. This will ensure a consistently high quality of work, eliminating the need to manually select a tool and customize its trajectories each time, "said Mathias Johansson, head of design and planning automation at Sandvik Manufacturing Solutions. |
I am convinced that Russian customers will appreciate the results of the joint work of our specialists and colleagues from CNC Software Inc, because over the past couple of years of our cooperation, many successful projects have been implemented to create digital solutions that are in demand on the market. The acquisition of CNC Software Inc will allow us to expand not only our own capabilities, but also the capabilities of our customers by giving them access to Industry 4.0 technologies, "said Andrey Pashenko, Sales Director, Sandvik Coromant, Aerospace Sales Cluster. |