Vero International Software Acquires Camtek Ltd.

 

Vero International Software today announced that its parent company VI Group plc has acquired Camtek Ltd, the UK developer of the popular PEPS software. PEPS provides dedicated and world leading solutions for the production CAM market, incorporating mill/turn applications, wire EDM, 5 axis laser cutting and tube cutting.

 

Based in Malvern, Worcs, Camtek have been an established name in the CAM market for more than 23 years and boasts a user base in excess of 15,000 in over 60 countries.

 

Don Babbs, Managing Director of Vero International Software comments "We are delighted with today's announcement. The addition of the Camtek people will allow us to enhance both the PEPS and VISI-Series product ranges as well as adding world class solutions for the wire EDM market, advanced production CAM and specialist solutions for laser and tube cutting".

 

Camtek's focus has been on developing solutions for the production CAM market as well as specialised solutions for wire EDM, tube and laser cutting. The tube cutting solutions apply particularly to the architectural and construction environments where an increasing number of buildings are being built around a steel framework. The Camtek solution calculates the correct intersection and cutting patterns for the joining of multiple tubes and sizes. Camtek's wire EDM solution is probably the most widely used application on the market and is the standard product recommended by many of the worlds leading manufacturers of wire erosion machines. Recent developments include the revamp of its core 2½ axis and 3D CAM products with the inclusion of advanced mill/turn strategies and high speed milling.

 

Don Babbs continues "Camtek have been established in the production sector for a number of years and with two improved product ranges we have confidence in being able to expand in both the mould and die and production sectors. The combined talents of the two teams will enable us to offer our customers both new functionality and new applications to yet further increase the productivity of both product lines.".

 

Brian Warner, Managing Director of Camtek says, "The synergy of our joint products and development activities, coupled with the close proximity of Vero International Software's UK headquarters and the size of their overseas network will allow us to increase the visibility and penetration of our PEPS Solidcut CADCAM suite around the world"

 

Issued by Vero International Software Limited. Contact - Richard Youhill on +44 (0) 1453 732900, Fax - +44 (0) 1453 887444:

e-mail: Email Contact web http://www.vero-software.com/




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