FasTech will now be part of Mastercam, described as the ‘world’s leading CAD/CAM software provider’. The acquisition has been completed as an asset acquisition.
This acquisition marks an important milestone in Mastercam’s mission to shape the future of manufacturing, says the company.
“For over 30 years, FasTech has been a trusted partner in delivering best-in-class solutions and supporting manufacturers. By integrating FasTech’s expertise and regional insights, Mastercam strengthens its ability to deliver innovative solutions and exceptional service to customers in the region,” the company says in a release to market.
“Integrating FasTech into Mastercam reinforces our commitment to providing manufacturers with unmatched support and industry-leading CAD/CAM solutions,” says Russ Bukowski, interim president of Mastercam. “This acquisition allows us to build even closer relationships with customers in the Midwest region of the United States, ensuring their success in an evolving manufacturing landscape.”
Mastercam’s growth strategy combines organic advancements with targeted acquisitions to expand capabilities and provide “industry-leading solutions”.