![]() Sandvik also believes this acquisition puts it in a unique market position, with its existing stockpile of tool and cutter data creating additional value for Mastercam. The company plans to deliver open and agnostic products to simplify integration with its new subsidiaries’ existing installed bases, and hopes to generate recurring revenues through strong offerings in CAM, design for manufacturability and production logistics.Īccess to CNC Software’s CAM software and customer base (particularly the SMEs) was particularly appealing to Sandvik, as it views CAM as a centerpiece in data capture. Sandvik leaders say the company’s mission in purchasing Mastercam is to continue automating the manufacturing chain for small to medium enterprises (SMEs) and to deliver competitive point solutions for large OEMs. What does this mean for the future of the company, or for Mastercam users, who make up the largest install base in the CAM market? Sandvik CEO Stefan Widing, CFO Tomas Eliasson and design and planning automation president Mathias Johansson addressed these questions in a recent conference call to investors. The former two already added significant new capabilities to Sandvik’s offerings, but the last acquisition marks a clear leap from Sandvik into the CAM market. In July and August 2021, Sandvik acquired three different companies: metrology and automation providers DWFritz Automation, end-to-end CAD/CAM software developer Cambrio and Mastercam developer CNC Software. On other hand the company also plans to leverage its new reach into the small to medium manufacturers to cross-sell tools. Sandvik has plans to give recent acquisition Mastercam independence and keep its software platform-agnostic.
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