Sandvik, Mastercam Complete Acquisition of CAM Reseller Cimquest
Cimquest is now part of the Mastercam business unit and will be reported within the Sandvik Manufacturing and Machining Solutions business area.
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Sandvik has completed the previously announced acquisition of Cimquest, a U.S.-based reseller of computer aided manufacturing (CAM) solutions and one of the largest resellers in the Mastercam network. With the acquisition, Sandvik strengthens its position in the CAM market and further builds on its capabilities to serve customers and expand the customer base. Cimquest will be a part of business unit Mastercam and will be reported within business area Sandvik Manufacturing and Machining Solutions.
The acquisition of Cimquest adds talent, technology and diversity to Mastercam’s ecosystem of solutions, strengthening Mastercam’s commitment to elevating customer experiences through comprehensive customer support. Cimquest’s solutions and services are recognized as best-in-class in their region and will continue to be available. The addition of Cimquest reinforces Mastercam’s commitment to staying closely connected to our customer base.
Since 1990, Cimquest has been a reseller of Mastercam, which is now owned by Sandvik and serves as a global provider of CAD/CAM software solutions for manufacturing industries. In addition to reselling Mastercam, Cimquest is also a distributor of additive products, mainly 3D printers for both metal and polymers.
“The acquisition of Cimquest is another step in our strategic direction to grow in the digital manufacturing space, and an important investment in Mastercam’s channels,” says Stefan Widing, Sandvik president and CEO. “This will strengthen our presence within CAM, expand our ability to serve customers and improve our growth platform going forward.”
Cimquest was founded in 1990 with headquarters in Branchburg, New Jersey, and has 55 employees. Sandvik says Cimquest adds talent, operational efficiency and diverse perspectives to Mastercam’s ecosystem of solutions. The acquisition enables Cimquest to focus on serving its customers.
“This is a natural next step for our organization to allow Cimquest to expand our technology and support to become more accessible to Mastercam users in the Northeast region of the United States,” says Rob Hassold, Cimquest CEO. “There are no plans to change relationships with any external vendors, customers or support solutions as a result of this acquisition. We will continue to offer our premier technology and support to our customers.”
Hassold will serve as vice president, integrations and owned entities at Mastercam, while Shawn Crews will be managing director of Cimquest. Crews will also act as the liaison between Cimquest and Mastercam to ensure continuity of services and operations for customers throughout the transition and beyond.
“Cimquest is proud and excited to join forces with Mastercam to work toward this mission together,” Hassold adds.
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