03 October 2011

Vero Software merges with Planit Holdings for CAD/CAM/CAE

CAD/CAM/CAE software developers Vero Software and Planit Holdings are to merge – bringing their respective tooling and production engineering, solutions under one roof.

Planit's brands include Edgecam, Alphacam, Cabinet Vision, CabnetWare, Javelin and Radan. Meanwhile, Vero focuses on plastic injection moulds, sheet metal stamping dies, multi-axis milling, laser cutting and wire EDM, under the VISI, PEPS, Machining Strategist and SMIRT names.

Richard Smith, CEO of Vero Software, believes the new combination creates the world's leading CAM specialist, and third largest CAD/CAM software vendor behind Dassault Systèmes and Siemens PLM.

"With greater critical mass we will be able to continue to provide excellent service and support to both existing and new customers," comments Smith. And he adds: "We fully recognise the importance of product branding, and it is important to emphasise that we will continue to invest in all of the products."

The merger has been funded by Battery Ventures (Boston, USA), which invests in technology-driven companies.

Brian Tinham

Supporting Information

Vero UK Ltd
Vero UK Ltd

This material is protected by MA Business copyright
See Terms and Conditions.
One-off usage is permitted but bulk copying is not.
For multiple copies contact the sales team.

Do you have any comments about this article?

Add your comments




Your comments/feedback may be edited prior to publishing. Not all entries will be published.
Please view our Terms and Conditions before leaving a comment.

Related Articles

Hermit crab ad uses 3Dprinting

A Zoopla television advert that shows hermit crabs moving into miniature houses ...

Manufacturing cluster launch

A manufacturing collective is reporting a surge in orders from customers ...

New 3D printing technology

Two engineering companies have joined forces to create a new ‘manufacturing ...

The suite life

It may be early 2011, but Autodesk's 2012 products are already on the way. Paul ...

Modular design saves time

Advanced CAD is crucial to remaining competitive when making high reliability ...

Powering tomorrow’s designing

Tom Shelley journeys to the home of the Alamo to receive a vision of the future ...