Canadian Plastics

Sandvik Coromant to acquire Canadian software provider ICAM

Quebec-based ICAM provides technology solutions that translate CAM data into optimized coding for guiding CNC machining operations.

November 29, 2021   Canadian Plastics

Swedish multinational engineering company Sandvik Coromant has signed an agreement to acquire Canada-based ICAM Technologies Corp., a provider of technology solutions that translate CAM data into optimized coding for guiding CNC machining operations.

The financial terms of the deal have not been disclosed.

Headquartered in Sainte-Anne-de-Bellevue, Que., ICAM sells to manufacturers in the aerospace and defense, general engineering, and automotive industries.

The company will now be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions.

Advertisement

In a new release, Sandvick officials said that ICAM’s software combines post-processing, machine simulation, and tool-path optimization into solutions that save programming and part machining time, streamlining customer workflows as the user can go from their CAM system to verified and optimized coding (G-code) in one step.

“ICAM’s offering is complimentary with the verification and optimization technology of CGTech, a software solutionvfor numerical control (NC/CNC) simulation, verification and optimization, also owned by Sandvik and reporting into Sandvik Coromant,” the news release said.


Print this page

Related Stories

Leave a Reply

Your email address will not be published. Required fields are marked *

*