Sandvik to acquire CNC Software Inc.

Sandvik has signed an agreement to acquire Tolland, Conn.-based CNC Software Inc., a provider of CAD/CAM software for manufacturing industries. With the acquisition, Sandvik gains the Mastercam brand software suite, with an installed base of about 270,000 licenses/users, as well as a market reseller network and partnerships with machine-makers and tooling companies.

CNC Software’s market position in CAM, particularly for small and medium-sized manufacturing enterprises (SMEs), will support Sandvik’s strategic ambitions to develop systems to automate the manufacturing value chain for SMEs and deliver competitive point solutions for large OEMs.

“Mastercam will be the cornerstone in Sandvik’s CAM portfolio, further improving machining productivity by combining our machining know-how with their CAM expertise to improve quality and reduce waste for our customers,” said Mathias Johansson, president of the Design & Planning Automation Division in Sandvik Manufacturing Solutions. “Specifically, we will leverage data capture and use to secure efficient tool selection and toolpath optimization for our customers.”

The transaction is expected to close Q4 2021.