The deal is an all-cash offer for the publicly traded British firm. Autodesk will dip into its non-US cash to pay for the deal. Autodesk (NASDAQ: ADSK) today announces its intention to acquire Delcam (LON: DLC), a leading global supplier of advanced computer-aided milling and related software for manufacturing. The plan calls for Autodesk to pay £20.75 ($33.36) per share or … [Read more...] about Autodesk to acquire CAM leader Delcam
CAD/CAM
Delcam sets another half-year revenue record
The British makes of CAM software increased its R&D spending and its shareholder dividend. CADCAM developer Delcam achieved record revenue during the first half of 2013, with sales of £25.0 million ($38.6 million), up 9% from 2012. Pre-tax profits for the British firm were up slightly year-over-year, to £2.8 million ($4.3 million). Delcam said strongest overall … [Read more...] about Delcam sets another half-year revenue record
Salts Techstep boosts orthotics production
Delcam software allows urgent cases to be delivered in as little as one hour instead of a three-day wait. Custom orthotic insole maker Salts Techstep has used CAD/CAM automation to dramatically increase the number of devices it can produce. In the past five years, production volume increased from around 50 pairs per month up to more than 1,000 pairs. Other benefits include a … [Read more...] about Salts Techstep boosts orthotics production
Delcam sets another annual revenue record in 2012
Sales increased by 12% to $71 million. Many Delcam resellers achieved 20% growth. UK-based CAD/CAM developer Delcam reports it achieved record annual sales of £47.1 million ($71.4 million) and record profits of £5.1 million ($7.7 million) during 2012. Pretax profits were up 54% compared to 2011. Sales increased by 12% over the previous record of £41.9 million ($63.5 million) … [Read more...] about Delcam sets another annual revenue record in 2012
Delcam sets revenue and profit records in 2011
The world’s largest CAM software specialist saw strong demand in aeronautics, automotive, and health care. UK-based CAD/CAM software developer Delcam announced record annual revenue of £41.9 million ($66.5 million) and record profits of £3.73 million ($5.9 million) for 2011, up 55% from 2010. Sales increased by 14% over the previous record set in 2010. The Birmingham company … [Read more...] about Delcam sets revenue and profit records in 2011