Mastercam Acquires Mastercam India to Enhance Local Support
CAD/CAM software provider Mastercam, part of the Sandvik Group, has acquired Mastercam India. The deal aims to strengthen customer support and investment in India's manufacturing sector.
Mastercam, a provider of CAD/CAM software and part of the Sandvik Group, announced the completion of its acquisition of Mastercam India. The company stated that the transaction is intended to enhance long-term support and investment in India's manufacturing industry.
With the ownership transfer, Mastercam plans to offer direct support to its customers in the Indian market. The company has operated in India through a distributor partner since 2008, and this acquisition is expected to streamline operations further.
The acquisition is also anticipated to improve the customer experience by providing direct training and support services. Mastercam specializes in developing machining software, utilized widely in metalworking and manufacturing globally.
Under the Sandvik Group, Mastercam aims to solidify its standing as a global player in the CAD/CAM software market through this acquisition. The company views the deal as a strategic move to allow for better resource allocation and development within the Indian market.