21/06/2018, SPRING Technologies, a provider of software to increase the productivity of machine tools, announces its acquisition by Hexagon AB, a global leader in digital solutions. SPRING Technologies' NCSIMUL Solutions are in use at major OEMs and suppliers worldwide, helping streamline the manufacturing process through the optimisation of machine tool performance and productivity.
For 30 years, SPRING Technologies has been pioneering innovative Computer Numerical Control (CNC) solutions for machine tools. Its flagship portfolio, NCSIMUL, is a comprehensive suite of integrated solutions providing native CNC code programming, CNC simulation, cutting and tool libraries, CNC program management, real-time machine monitoring and technical content publication. Together, they enable complete mastery of the machining process across a variety of manufacturing sectors including aerospace, automotive, medical, energy, and transportation.
“I'm really happy to join the Hexagon team, with whom we share the same Industry 4.0 vision,” said Gilles Battier, CEO and owner of SPRING Technologies. “This is great news for all our customers, who will continue to use their usual CAM solutions, whatever they are, and for all our partners who have trusted us in distributing our solutions around the world. In addition, we will be stronger and continue to support them around the world with a broader portfolio of solutions. I am also very proud and enthusiastic for my team. This acquisition, by one of the leaders in digital technologies, confirms that NCSIMUL is really the most innovative solution to help all manufacturers to improve their Overall Equipment Effectiveness with our global anti-collision, cycle time reduction and monitoring capabilities, regardless of their machining complexity and end market. We will keep on developing robust, efficient and simple solutions for intelligent CNC machining.”
“Manufacturing must be ‘smart' if it's to produce the next generation of products at reduced costs. The acquisition of SPRING Technologies further strengthens our Autonomous Connected Ecosystem (ACE) strategy which will ultimately enable the smart factory,” said Ola Rollén, Hexagon's President and CEO. “Machining simulation is essential in connecting the physical world with the digital and achieving autonomy – both of which are prerequisites to delivering smart factory solutions.”
Headquartered in France, with offices in America, Germany and China, SPRING Technologies employs around 100 people. The company will operate within Hexagon's Manufacturing Intelligence division as part of the CAD/CAM and production software business currently led by the Vero Software brand.
About Hexagon
Hexagon is a global leader in digital solutions that create Autonomous Connected Ecosystems (ACE), a state where data is connected seamlessly through the convergence of the physical world with the digital, and intelligence is built-in to all processes.
Hexagon's industry-specific solutions leverage domain expertise in sensor technologies, software, and data orchestration to create Smart Digital Realities™ that improve productivity and quality across manufacturing, infrastructure, safety and mobility applications.
Hexagon (Nasdaq Stockholm: HEXA B) has approximately 18,000 employees in 50 countries and net sales of approximately 3.5bn EUR. Learn more at hexagon.com and follow us @HexagonAB.
About SPRING Technologies
SPRING Technologies develops software solutions designed to optimize manufacturing companies' CNC machines to reduce costs and maximize productivity.
Its product NCSIMUL® provides a complete and integrated control of the production process of Industry 4.0. It improves all the steps, since the communication between all the machines of the workshop and their monitoring, to increase their feed rate, by going through cutting tool management for cost reduction, G-code verification and optimization, for collision-free and operating cycles reduction, and finally, for one-click programming of CAD programs for a simple and fast production transfer.
This unique approach simplifies the digital chain and provides needed tools and flexibility for the implementation of automated factories.
Based in France, Germany, PR China, Malaysia and the USA, the company was founded in 1983 and collaborates with manufacturers in aerospace and defense, transportation, energy, industrial equipment and medical device industries. , Through its global network of resellers, SPRING supports its customers all over the world.
NCEXPERIENCE, NCSIMUL, Optitool and NCdoc are registered trademarks of SPRING Technologies.
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