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Sandvik invests in leading AI-powered manufacturing software provider Oqton

Share this article Share this article SANDVIKEN, Sweden, Jan. 15, 2021 /PRNewswire/ -- Sandvik has acquired a minority stake in the privately owned American software company Oqton, a leading provider of AI-powered manufacturing solutions that allows manufacturers to manage, optimize, and automate their manufacturing workflows. "This investment is in line with our strategic agenda to broaden our offering in digital manufacturing. We are looking forward to working with Oqton and finding ways to ...
United States San Francisco Prnewswire Sandvik Stefan Widing Louise Tjeder Mathias Johansson

North Named New Section Chief, Info Officer, Public Works | Public Works and Environmental Services

December 31, 2020 Sharon North has accepted the position of Section Chief/Information Officer III with the Department of Public Works and Environmental Services. She previously held the position of Public Information Manager with the City of Richmond, VA, Department of Public Works. North is an experienced writer, communicator and researcher. She excels in preparing marketing/communications plans, news releases, publications, newsletters, scripts, speeches, talking points and web content. “Ms...
Youngstown State University United States University Of Akron Juan Reyes Communications Relations Morehouse School Of Medicine

Sandvik completes the acquisition of CGTech

Sandvik completes the acquisition of CGTech News provided by Share this article Share this article STOCKHOLM, Dec. 31, 2020 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of US based CGTech, a global market leader in software for numerical control (NC/CNC) simulation, verification and optimization. In 2019, CGTech had revenues of about SEK 470 million and around 180 employees. The deal will initially have a neutral impact on Sandviks earnings per share. CGTech will b...
Prnewswire Sandvik Louise Tjeder Sandvik Coromant Communications Relations Machining Solutions Sandvik Machining Solution

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Sandvik completes the acquisition of Miranda Tools' business

Share: SANDVIKEN, Sweden, Dec. 23, 2020 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of the entire business of the Indian company Miranda Tools, comprising the manufacture of High Speed Steel and solid carbide round tools. In 2019, Miranda Tools had revenues of about 200 million SEK and around 580 employees. The deal has a limited impact on Sandviks earnings per share. The Miranda Tools business will be part of Sandvik Machining Solutions division Dormer Pramet, wi...
Prnewswire Sandvik Dormer Pramet Louise Tjeder Communications Relations Machining Solutions Miranda Tools

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