CADENAS GmbH, a software program firm based mostly in Augsburg, Germany, has joined the KEYENCE Group. The acquisition is meant to advance the event of 3Dfindit, CADENAS’ engineering platform, and improve its digital catalog capabilities for international customers.
Based in 1992, CADENAS operates a platform that connects round 10 million engineers and designers with suppliers of 3D CAD elements. The corporate has steadily expanded over three a long time, offering catalog-based options that help digital half integration throughout a number of manufacturing sectors. This strategic shift comes after greater than 30 years of impartial development.
KEYENCE, a Japanese company specializing in automation and inspection gear, has reported constant annual development of 10% for the previous 25 years. As of March 2024, it ranked among the many 5 largest firms in Japan by market capitalization. With operations in 46 nations and a buyer base of 350,000 companies, the group’s acquisition of CADENAS is positioned to increase its attain in digital engineering infrastructure.
In accordance with the Augsburg-based agency, current buyer relationships will stay unchanged. It acknowledged that its staff will keep intact, with ongoing impartial improvement of its software program. “We’ll stay a impartial, dependable companion for producers and firms of every kind, no matter trade,” reads the corporate assertion. It additionally clarified that buyer information will proceed to be dealt with internally.
The brand new association is predicted to contribute to KEYENCE’s long-term goal of increasing its know-how providing and help techniques. Whereas the engineering platform will proceed working underneath its present construction, it’s going to now complement the broader industrial automation ecosystem of its new father or mother firm.
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Strategic acquisitions reshape digital manufacturing panorama
In March, United Efficiency Metals (UPM) acquired Fabrisonic, an Ohio-based producer identified for its ultrasonic additive manufacturing (UAM) know-how. Following the acquisition, Fabrisonic was built-in into UPM’s processing community, which incorporates websites in Connecticut, Ohio, and California. The provider of specialty metals acknowledged that Fabrisonic’s know-how and experience would improve its skill to develop superior supplies and broaden its manufacturing capabilities. Fabrisonic Normal Supervisor Jason Riley credited the corporate’s engineers as key to its progress and stated the acquisition would help the subsequent part of development.
A month later, Nano Dimension accomplished its $116 million acquisition of Markforged Holding Company, a U.S.-based producer of FDM 3D printers. The transaction adopted a interval of inner restructuring at Nano Dimension, together with management adjustments and the decision of authorized disputes associated to different merger agreements. Markforged, which reported annual revenues exceeding $85 million, brings an put in base of 15,000 techniques, together with capabilities in metallic and composite manufacturing and AI-driven manufacturing software program. As a part of the settlement, Markforged’s CFO, Assaf Zipori, was appointed Chief Monetary Officer of Nano Dimension.
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Featured picture exhibits CADENAS turns into a part of the KEYENCE Group. Picture by way of CADENAS GmbH.
