Sandvik Completes Acquisition of Cimquest
Cimquest has experienced a change in business status due to an acquisition by Sandvik Inc, as of 1 March 2024.
Consequently, as of 1 March 2024, Cimquest no longer qualifies as a small business concern under the applicable size standards under North American Industry Classification System (NAICS) Codes 323111, 541512, 541519, 611420, 611519, and 811210.
We want to assure you that this change doesn’t affect our unwavering commitment to meeting all our contractual obligations. Our dedication to delivering top-notch service and products, as outlined in our contract(s) with your agency, remains unchanged.
We recognize the significance of this information and future procurement needs. We’re here and more than happy to discuss anything with you.
Please do not hesitate to let us know if you have any questions or concerns regarding this notice
Mastercam Press Release
March 4, 2024 (Tolland, Conn.) – Sandvik has completed the previously announced acquisition of American company, Cimquest, which will be part of Mastercam, the world’s #1 CAM software. Cimquest is a Mastercam Reseller located in New Jersey, United States.
The acquisition of Cimquest adds talent, technology, and diversity to Mastercam’s ecosystem of solutions, strengthening Mastercam’s commitment to elevating customer experiences through comprehensive customer support. Cimquest’s solutions and services are recognized as best-in-class in their region and will continue to be available. The addition of Cimquest reinforces Mastercam’s commitment to staying closely connected to our customer base.
Mastercam has no plans to change relationships with any external vendors, customers, or Resellers as a result of this acquisition.
Mastercam continues to Shape the Future of Manufacturing. Mastercam is committed to innovation and advancing manufacturing by expanding its software solutions and services within the Mastercam ecosystem through organic growth and acquisitions.