# Sandvik to acquire ICAM Technologies

Sandvik has signed an agreement to acquire Canada-based ICAM Technologies Corporation, a provider of CAM data optimization solutions for CNC machining. The acquisition will be reported in Sandvik Coromant.

- Type: Acquisition
- Announced: 2021-12-02
- Where: Canada
- Status: announced
- Products: CAM data optimization software, post-processing, machine simulation, tool-path optimization
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Sandvik](https://endata.com/companies/6190.md) (acquirer)
- [ICAM Technologies Corporation](https://endata.com/companies/59233.md) (target)

## Sources

- [sme.org](https://www.sme.org/technologies/articles/2021/december/canadas-icam-to-be-acquired-by-sandvik-coromant/), 2021-12-02: "Sandvik has signed an agreement to acquire Canada-based ICAM Technologies Corporation"

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