Second, their company philosophy is very similar to our own. First, they have a clear and deep-rooted focus on manufacturing. Sandvik offered a couple of critical pieces. If we were going to consider an acquisition, we wanted to ensure that everything that benefitted our customers remained intact-and that any acquisition offered significant opportunity for us to accelerate and improve CAM development. Our primary driver has been-and continues to be-a focus on helping shops solve their manufacturing problems. In that time, we have gotten a lot of offers, but none of them held much interest for us.
Meghan West: We have been pioneering CAM software for nearly 40 years. Having CAM in the portfolio will help us meet such demand and further establish Sandvik as the preferred partner and leader within machining, while at the same time driving our long-term goal to becoming a trusted provider of digital manufacturing solutions for small and mid-sized enterprises (SMEs). We see a direct customer demand for more automated and integrated machining recommendations and solutions. We have identified computer-aided manufacturing (CAM) as a key market for Sandvik to enter due to its attractive growth rates and its proximity to Sandvik Manufacturing and Machining Solutions’ core business, allowing Sandvik to establish a leading position within digital manufacturing. The investment is to enable accelerated growth of the Design & Planning Automation Division. Sandvik identified Cambrio and CNC Software as part of a long-term strategic view that is beneficial to each company. Mathias Johansson: The objective of Sandvik is to outperform market growth with industry-leading solutions, both organically and through acquisitions. Canadian Metalworking: Why was this a good time for Sandvik to acquire CNC Software? Mathias Johansson, president of design and planning automation for Sandvik Manufacturing and Machining Solutions, and Meghan West, CEO/president of CNC Software, answered several hot-topic questions. This latest acquisition pushes the company further into the CAM market but has left many wondering what that means for Mastercam users. The industrial engineering giant has spent the last few months announcing some of its latest acquisitions, including metrology provider DWFritz Automation, CAD/CAM software developer Cambrio, round tool manufacturer Fanar, and most recently, Mastercam developer CNC Software. This summer was a big one for the Stockholm, Sweden-based Sandvik. In the summer of 2021, Sandvik acquired several companies including Mastercam developer CNC Software.
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