Hypertherm has purchased the core assets of MTC
Software, a developer of computer-aided manufacturing software used by the
sheet and plate processing industry.
Terms were not
disclosed.
MTC’s software product helps companies in the
metal cutting industry optimize their cuts so that cut quality and productivity
are improved while producing less scrap, said Hypertherm representatives. The
CAM software is used in conjunction with CNC systems for oxy-fuel, plasma,
water-jet, laser and other cutting processes.
“Hypertherm’s
plasma cutting systems already provide industry-leading performance,
reliability and productivity,” said Hypertherm founder and President Dick
Couch. “The marriage of MTC’s software with our CNC motion control products
will continue to provide Hypertherm and MTC customers with repeatable,
optimized cutting outcomes and easy integration.”
“Both
Hypertherm and MTC share the same goal of making products that will help our
customers to become more productive and profitable,” said MTC CEO John
Rosenberg. “And while this has always been an MTC goal, it is even more
critical in the current economic environment.”
Hypertherm
does not plan any significant changes to MTC’s operations. MTC headquarters
will remain in Lockport, N.Y., and its 40 associates will continue to work at
their current locations. MTC has offices and distribution partners throughout
the world.
Hypertherm acquires maker of nesting software
March 1, 2009
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