Cimatron

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Cimatron is a Swedish software company that produces computer-aided design and computer-aided manufacturing (CAD/CAM) software for manufacturing, toolmaking and computer numerical control (CNC) programming applications. The company was listed on the Nasdaq exchange under the symbol CIMT, until its 2014 acquisition by 3D Systems. On November 2, 2020 Battery Ventures, a global, technology-focused investment firm, has agreed to acquire the combined Cimatron and GibbsCAM software businesses from global additive manufacturing solutions company 3D Systems Corporation (NYSE: DDD). As part of the acquisition, Cimatron and GibbsCAM joined Battery-backed SigmaTEK Systems, a CAD/CAM software provider serving professional fabricators, in a new holding company called CAMBRIO. On October 18, 2021, Sandvik acquired US-based Cambrio, a leading company with a portfolio in CAD/CAM software for manufacturing industries like automotive, transportation, energy, medical, and aerospace. Headquartered in Stockholm, the firm has subsidiaries in the United States, Germany, Italy, China, South Korea, India and Brazil, and resellers in over 40 countries. Its main software products, CimatronE and GibbsCAM, are used in over 50,000 installations worldwide. Its clients are largely from the automotive, aerospace, consumer electronics, toys, medical, optics and telecom industries.