by eyetee | January 16, 2014 5:00 pm
Delcam’s shareholders have voted to accept a purchase offer from Autodesk.
The two companies provide complementary ranges of software, with Autodesk’s programs for design, engineering, and entertainment able to be combined with Delcam’s strengths in manufacturing.
“On completion of the acquisition, Delcam will become a subsidiary of Autodesk,” the company said in a press release. “It will maintain its focus on accelerating the growth of its market share in the manufacturing sector, with the added strength that will come from being part of a larger organization. Delcam customers will continue to be supported by the skilled and experienced engineers for which the company is renowned through its global network of subsidiaries, joint ventures, and sales partners.”
Delcam has more than 30 offices worldwide and over 700 employees. Its CAM products support various industries outside of jewellery, including automotive, aerospace, footwear, and health care.
According to a market report by U.S. analysts, CIMdata, Delcam had the highest vendor revenues and received the highest end-user payments of all the CAM-centric companies in 2012.
The acquisition is expected to be completed this month.
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