# Sandvik to acquire CAM software company Cambrio

Sandvik signed an agreement to acquire US-based Cambrio, a CAD/CAM software company for manufacturing industries, from Battery Ventures.

- Type: Acquisition
- Announced: 2021-07-01
- Where: Ohio, United States
- Jobs: 375
- Status: announced
- Products: CAD/CAM software, GibbsCAM, Cimatron, SigmaNEST
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Battery Ventures](https://endata.com/companies/1763.md) (investor)
- [Battery Ventures](https://endata.com/companies/1763.md) (partner)
- [Sandvik](https://endata.com/companies/6190.md) (acquirer)
- [JENNMAR Corporation](https://endata.com/companies/17439.md) (partner)
- [JENNMAR Corporation](https://endata.com/companies/17439.md) (target)
- [DSI Underground](https://endata.com/companies/31645.md) (target)
- [DWFritz Automation](https://endata.com/companies/56116.md) (target)
- [Cambrio](https://endata.com/companies/56184.md) (target)
- [DWFritz](https://endata.com/companies/56444.md) (target)
- [Rocbolt Technologies](https://endata.com/companies/56798.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/sandvik-to-acquire-leading-cam-software-company-cambrio-301324012.html), 2021-07-01: "This is in line with our strategic focus to grow organically and through acquisitions in the advanced manufacturing space, with special focus on industrial software close to component manufacturing."
- [manufacturingtodayindia.com](https://www.manufacturingtodayindia.com/10969-sandvik-to-acquire-leading-cam-software-company-cambrio), 2021-07-04: "Sandvik has signed an agreement with Battery Ventures to acquire US-based Cambrio, a leading company with an end-to-end portfolio in CAD/CAM software for manufacturing industries."
- [prnewswire.com](https://www.prnewswire.com/news-releases/sandvik-to-acquire-metrology-and-automation-company-dwfritz-automation-301331628.html), 2021-07-12: "This is in line with our strategic focus to grow organically and through acquisitions in the advanced manufacturing space, with special focus on industrial software, industrial metrology- and additive manufacturing solutions."
- [bizjournals.com](https://www.bizjournals.com/portland/news/2021/07/13/dwfritz-sandvik-acquisition-deal.html), 2021-07-13: "DWFritz, Wilsonville advanced manufacturer, in deal to be acquired by Sandvik Group of Sweden"
- [home.sandvik](https://www.home.sandvik/en/news-and-media/news/2021/08/sandvik-acquires-dsi-underground-joint-ventures-rocbolt-technologies/), 2021-08-01: "Both parties have agreed not to disclose the purchase price."
- [mining.sandvik](https://www.mining.sandvik/en/news-and-media/news-archive/2021/08/sandvik-acquires-dsi-underground-joint-ventures-rocbolt-technologies/), 2021-08-03: "On August 3, 2021, Sandvik signed and completed three agreements to acquire the Joint Venture partner’s (Jennmar) share of the Rocbolt Technologies JVs in China, South Africa and Mongolia."
- [news.cision.com](https://news.cision.com/sandvik/r/sandvik-acquires-dsi-underground-joint-ventures--rocbolt-technologies,c3391959), 2021-08-03: "Both parties have agreed not to disclose the purchase price."
- [prnewswire.com](https://www.prnewswire.com/news-releases/sandvik-acquires-dsi-underground-joint-ventures-rocbolt-technologies-301347372.html), 2021-08-03: "Sandvik's acquisition of DSI Underground, the global leader in ground support and reinforcement products, systems and solutions for the underground mining and tunneling industries, was closed on July 7, 2021."
- [im-mining.com](https://im-mining.com/category/mining-mergers-and-acquisitions/page/25/), 2021-08-04: "Sandvik, following the acquisition of ground support and reinforcement specialist, DSI Underground, has taken the..."
- [tunnelingonline.com](https://tunnelingonline.com/sandvik-acquires-dsi-underground-joint-ventures-rocbolt-technologies/), 2021-08-10: "Both parties have agreed not to disclose the purchase price."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.