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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 expand our offering for increased customer productivity by creating new products that take advantage...

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 Sandvik's earnings per share. CGTech will be part of Sandvik Machining Solutions' division Sandvik Coromant, within the business area Sandvik ...

SANDVIKEN, Sweden, Dec. 24, 2020 /PRNewswire/ -- Sandvik has signed an agreement to acquire DSI Underground, the global leader in ground support and ...

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 Sandvik's earnings per share. The Miranda Tools' business will be part of Sandvik Machining Solutions' division Dormer Pramet, within the business area Sandvik Manufacturing and Machining Solutions. Stockholm, 23 December 2020...