Mergers and Acquisitions

Acquisition expands Siemens’ offering in PCB design for the SMB market and enables greater process coverage, from design to manufacturing preparation

Ametek Inc. acquired in February Kern Microtechnik, a manufacturer of high-precision machining and optical inspection solutions.

Motion Industries Inc., a distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology solutions, signed a definitive purchase agreement to acquire the net operating assets of Thompson Industrial Supply, Inc.

Sandvik has acquired ShopWare, MCAM Northwest and the CAD/CAM solutions business line of OptiPro Systems, three US-based resellers of Computer Aided Manufacturing (CAM) solutions in the Mastercam network.

Canerector has acquired Promac Industries Inc., a move that the company says strengthens its machining capabilities, particularly in the energy services sector.

Hexagon has acquired the 3D Systems' Geomagic suite of interoperable software packages, which are used to create high-quality 3D models from multiple sources, including laser scanning.

Royal Products announced Jan. 7 that it had received a recent investment from growth-oriented investor Heartwood Partners in partnership with the management who will continue to lead the company. This financial backing will position Royal for continued expansion and market leadership.

Hypertherm Associates and BLM GROUP have entered into a strategic partnership agreement aimed at expanding the market reach of their respective solutions.

Zebra Technologies, a digital solutions provider that helps businesses connect data and assets, said it intends to acquire Photoneo, a developer and manufacturer of 3D machine vision solutions.

Sandvik has acquired the assets of FASTech, a U.S.-based reseller of Computer Aided Manufacturing (CAM) solutions in the Mastercam network.