Acquisition Sandvik strikes deal with leading CAM software company

Editor: MA Alexander Stark

US-based Cambrio, a leading company with an end-to-end portfolio in CAD/CAM software for manufacturing industries like automotive, transportation, energy, medical and aerospace, has been acquired by Sandvik. Cambrio will be reported in the Design & Planning Automation division within Sandvik Manufacturing and Machining Solutions.

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Sandvik has signed an agreement with Battery Ventures to acquire US-based Cambrio.
Sandvik has signed an agreement with Battery Ventures to acquire US-based Cambrio.
(Source: Public Domain / Unsplash)

Sweden — In line with Sandvik's strategic focus to grow organically and through acquisitions in the advanced manufacturing space, the Swedish group has now acquired CAD/CAM software specialist Cambrio. The deal is part of to the company's target to expand its portfolio with solutions that have a special focus on industrial software close to component manufacturing, industrial metrology- and additive manufacturing solutions. Cambrio is to enable a broadened customer offering, covering more of the total manufacturing value chain.

The company announced that their strategic ambition was to provide customers with software solutions enabling automation of the full component manufacturing value chain — from design and planning to preparation, production and verification. Computer Aided Manufacturing (CAM) plays a vital role in the digital manufacturing process, creating an offer of automated solutions from design to machining.

By acquiring Cambrio, Sandvik wants to establish an important position in the CAM market that includes both toolmaking and general-purpose machining. This will complement the existing customer offering in Sandvik Manufacturing Solutions.

Cambrio’s product portfolio includes Gibbs CAM for production milling, turning, and mill turn operations, Cimatron for mold and die, as well as SigmaNEST for sheet metal fabrication.

The transaction is expected to close in the second half of 2021 and is subject to customary regulatory approvals.

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