Announced
Completed
Financials
Tags
United States
Single Bidder
software development
Cross Border
Acquisition
Friendly
Majority
Software
Private
Completed
Synopsis
Sandvik, a Swedish multinational engineering company, completed the acquisition of CGTech, a software development company. Financial terms were not disclosed. "This is in line with our strategic focus to grow organically and through acquisitions in the digital manufacturing space, with special focus on software solutions close to machining," Stefan Widing, Sandvik President and CEO.
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