ModuleWorks Acquires HeilTech for 3, 5 Axis Simulation
 AACHEN,
Germany, Aug 28, 2009 - ModuleWorks, the leading supplier of CAD/CAM
components for 3-5-Axis toolpath generation and simulation has consolidated
its position in the simulation component market with the acquisition of
HeilTech.
 HeilTech were formed in 2004 by Dr. Matthias Heil (at
side). Their HSVerify
product is known for its fast performance when simulating large toolpaths
for 3-5-Axis applications. HeilTech’s HSVerify product has licensees in the
machine tool and CAM industry that will now have the benefit of expanded
technology and development effort.
ModuleWorks Managing Director, Yavuz Murtezaoglu says, “There is a long
history of high academic achievement in Germany and a wealth of practical
engineering knowledge. Heiltech is one of those companies that successfully
apply academic excellence to real-world engineering problems to achieve
remarkable results. Now as part of ModuleWorks, we will be able to make this
technology available to customers worldwide.”
Matthias Heil of HeilTech, is delighted to be joining the ModuleWorks
team, "After more than 10 years of research and another 12 years developing
simulation and verification technology in the commercial world, it is great
to be joining a company that really is on the cutting edge of technology. I
look forward to bringing all the latest developments from HeilTech into the
ModuleWorks product family and I am convinced this will help ModuleWorks
Simulation become the new standard."
About ModuleWorks
ModuleWorks is a software component provider for the CAD/CAM industry.
ModuleWorks’ expertise in 5-Axis simultaneous machining is recognised
throughout the CAM industry and its software components for machining and
simulation are used by more than 50% of the leading CAM vendors.
For more information, please visit
www.ModuleWorks.com.
About HeilTech
Founded in 2004 by Dr. Matthias Heil, HeilTech has developed products for
the simulation and verification of NC-code based machining processes. These
products have been licensed to several companies in the CAM market.
For more information, visit
www.HeilTech.de.
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See Also
ModuleWorks website
CAM Products and
Companies - list by TenLinks.com
Additional News
Apr 8 - ModuleWorks CAM 2010.3 Released
Feb 10 - Euklid CAD/CAM AG Selects ModuleWorks Simulation Technology
Nov 25 - ModuleWorks v2009.12 to be Debuted at EuroMold
Sep 28 - ModuleWorks to Launch CAM Components v2009.9 at EMO, Milan
Sep 18 - ModuleWorks, Jabez Join to Offer Robot Simulation
Aug 28 - ModuleWorks Acquires HeilTech for 3, 5 Axis Simulation
Jul 8 - ModuleWorks Releases CAM Components v2009.6
Jun 17 - ModuleWorks Initiates 5-Axis Mold, Die Research Project
Jun 4 - SolidCAM, ModuleWorks Celebrate 5 Year Partnership
Apr 9 - ModuleWorks Ships CAM Components v2009.3
Mar 5 - Surfware Selects ModuleWorks for 5-Axis Machining
Jan 28 - ModuleWorks '08 Revenue Up 20%
Nov 13 - Karlo Apro Writes 'Secrets of 5-Axis Machining' Book
Oct 8 - ModuleWorks Ships CAM Components v2008.9
Aug 18 - ModuleWorks Relaunches Website
Source: Material used in press releases is often supplied by external
sources and used as is.
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