

Mastercam is the world’s #1 CAM software, with more than 270,000 installations in industries such as moldmaking, automotive, medical, aerospace, consumer products, education, and prototyping. The company develops Mastercam, a suite of CAD/CAM software created to reduce production time and expense with efficient machining strategies and advanced toolpath technologies like Accelerated Finishing and Dynamic Motion.

is a privately held company headquartered in Tolland, Connecticut, with corporate offices in Switzerland and China. In 2020 the Group had approximately 37,000 employees and revenues of about 86 billion SEK in more than 160 countries within continuing operations.įounded in 1983, CNC Software, Inc. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry products in advanced stainless steels and special alloys as well as products for industrial heating. Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and sustainability. In 2020, the company had revenues of approximately USD 60 million with an EBIT margin of 25-30 percent, and of which the share of recurring revenue was approximately 60 percent.ĬNC Software will be reported in the Design & Planning Automation division within Sandvik Manufacturing and Machining Solutions.

STOCKHOLM, Sweden, – Sandvik has completed the previously announced acquisition of US-based CNC Software Inc., a leading provider of CAD/CAM software solutions for manufacturing industries and the company behind Mastercam, the most widely used Computer Aided Manufacturing (CAM) brand in the industry.
