CIMdata PLM Industry Summary Online Archive
7 January 2013
Acquisitions
Vero Software Acquires Sescoi International
Vero Software is pleased to announce the acquisition of Sescoi International, an industry specialist for 2D to 5-axis NC machining with its WorkNC product suite.
The acquisition will provide the platform to build even stronger products across the range through a significantly enlarged development team and distribution channel with experienced, time served, industrial knowledge.
Commenting on the acquisition, Richard Smith, CEO of Vero Software says, "Across the enlarged Group, the complementary products address the worldwide need for efficient and innovative CAD/CAM/CAE technology. With an unrivalled breadth of market leading solutions for specific manufacturing techniques and an expanded distribution capability, we will continue to provide excellent service and support to both existing and new customers and further extend a growing influence on the global market. We fully recognise the importance of product branding and customer loyalty. It is important to emphasise that we will continue to invest in the WorkNC product suite and welcome the existing Sescoi partners and resellers into the Vero network. We will move forward together with the expertise, knowledge and resources necessary to deliver even higher levels of productivity to our customers."
Bruno Marko, founder of the Sescoi Group comments, "We are extremely pleased to be joining the Vero Group. Since originally founding the company in 1987, Sescoi has become one of the world’s key CAD/CAM providers with WorkNC. However, with Vero’s global distribution, additional development resources and proven technology sharing concept, I am certain the products will advance at an even faster pace and continue to provide innovative solutions that boost productivity, bolster competitiveness, reduce costs and improve quality."
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