Sandvik grows its Industrial Metrology division via acquisition
US-based Dimensional Control Systems will be amalgamated into Sandvik
Swedish engineering Giant, Sandvik has set upon expanding its metrology portfolio by acquiring US-based Dimensional Control Systems (DCS), which currently provides, dimensional quality management software and on-site engineering services.
DCS’s software solutions include CAD simulation tools that enable customers to improve and validate their component design and metrology measurement plan.
“This acquisition is in line with our strategic focus to grow in the digital manufacturing space, with special attention on industrial software close to component manufacturing. Dimensional Control Systems’ offering, in combination with our extensive manufacturing know-how, will enhance Sandvik’s overall digital offering – and specifically our industrial metrology solutions,” says Stefan Widing, President and CEO of Sandvik.
Michigan-based DCS is already a trusted partner of several OEMs and has over 400 clients in automotive, aerospace, electronics, medical device manufacture and industrial machinery. With 10,000 licenses in total, the acquisition positions Sandvik immediately as a major player in the industrial metrology market.
“Dimensional Control Systems’ software suites have strong underlying growth and will further strengthen our end-to-end metrology solutions by adding three-dimensional analysis and quality assurance capabilities, as well as deep Geometric Dimensioning and Tolerancing expertise. This will significantly improve quality and productivity for our customers, enabling more sustainable manufacturing. I would like to welcome the DCS team to Sandvik,” says Christophe Sut, President of Sandvik Manufacturing Solutions.
DCS has been in existence since 1994 and has around 70 employees, its partners include the likes of Dassault, Siemens, PTC, Transmagic and Ansys. Although the purchase price has not been disclosed, DCS were running revenues of 10 million USD a year and its software business has had a historical annual growth rate of approximately 10 percent.