Autodesk, a leader in 3D design solutions, announced earlier this month that it has completed its acquisition of Delcam, a leading supplier of CAD/CAM manufacturing software, in an effort to expand the company's manufacturing software capabilities.
Autodesk announced its desire to acquire Delcam in November of last year for a total of $286 million. Delcam is now a wholly owned subsidiary of Autodesk and will be allowed to continue to operate as usual. There are no expected operational changes to take place at Delcam. Delcam's chief executive officer, Clive Martell, said in a press release that the partnership increases its financial strength and expands the CAD/CAM software solutions offered to the design community.
Delcam has had its roots in manufacturing software since 1965, when it developed some of the first crude 2D software for large, mainframe computers. Today, Delcam offers a range of CAD/CAM software solutions to designers, including manufacturing, design, and inspection software to cover the entire process of designing and manufacturing 3D objects that is used by more than 45,000 organizations in more than 80 different countries. Delcam is the largest developer of manufacturing and design software in the UK. It has more than 30 offices worldwide and employs roughly 700 employees.
Autodesk is a leader in design software. Established in 1982, the organization now employs more than 700 people and produced $2.3 billion in revenue last year.