Module Works accepts initial investors into Strategic Partner Program

Digital transformation in manufacturing Module Works accepts initial investors into Strategic Partner Program

25.02.2023 Source: Module Works

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Software company Module Works has launched its Strategic Partner Program, which invites a selection of key partners licensing its technology to make a minority investment into Module Works equity and help accelerate digital transformation in manufacturing.

DMG Mori is leading the first round of investment in Module Works Strategic Partner Program. Autodesk, and PTC are also participating.
(Source: Module Works)

With DMG Mori, one of the world’s largest CNC machine tool manufacturers is leading the first round of investment in Module Works Strategic Partne Program. Autodesk, and PTC, two of the largest CAD/CAM vendors, are also participating. Further partners are expected to join soon, and the Strategic Partnership Program is to be completed by the end of 2023. The program focuses exclusively on offering minority stake investments to key partners from different market segments. The company emphasises that there will be no change in control of Module Works.

The investment proceeds will be used to increase the company’s Research & Development capacity with the objective of accelerating digital transformation in manufacturing by focusing on four key areas: CAM & CNC Automation, Advanced Additive Manufacturing, Cloud Computing, and Robotics.

Further news on the Strategic Partner Program is to be available later this year.

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