ModuleWorks Launches Strategic Partner Program

ModuleWorks has launched its Strategic Partner Program, which invites a selection of key partners licensing ModuleWorks technology to make a minority investment into ModuleWorks equity and help accelerate Digital Transformation in Manufacturing.

DMG MORI, one of the world’s largest CNC machine tool manufacturers is leading the first round of investment. Autodesk, and PTC, two of the largest CAD/CAM vendors, are also participating. Further partners are expected to join soon, and the Strategic Partnership Program will be completed by the end of 2023. The program focuses exclusively on offering minority stake investments to key partners from different market segments: there will be no change in control of ModuleWorks.

The investment proceeds will be used to increase ModuleWorks’ Research & Development capacity with the objective of accelerating digital transformation in manufacturing by focusing on four key areas: CAM & CNC automation, advanced additive manufacturing, cloud computing, and robotics.

About ModuleWorks

ModuleWorks is the software component provider for the digital manufacturing industry. With over 200 employees and 1000 person-years of software development, ModuleWorks’ expertise in toolpath creation and simulation is recognized throughout the industry and its software components are already optimizing the performance and quality of over 500,000 installed seats of CAD/CAM and CNC software around the world. From standard products to exclusive development projects, ModuleWorks helps companies to bring their vision of Industry 4.0 to life.

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DMG MORI is a worldwide manufacturer of high-precision machine tools and sustainable technologies that are at the heart of global value chains. In the “Global One Company” more than 12,000 employees are in direct contact with over 100,000 customers from 57 industries. DMG MORI is globally present in 88 countries with 16 production plants, 113 sales and service locations.

Integrated automation and end-to-end digitization solutions expand the core business with lathes and milling machines, ultrasonic, lasertec and additive manufacturing. The entire manufacturing know-how from more than 152 years flows into technology excellence for the focus industries aerospace, automotive, die & mold, medical and semiconductor. Customer-oriented services accompany the entire life cycle of a machine tool – including training, repair, maintenance and spare parts service.

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About Autodesk

Autodesk is changing how the world is designed and made. Their technology spans architecture, engineering, construction, product design, manufacturing, media and entertainment, empowering innovators everywhere to solve challenges big and small. From greener buildings to smarter products to more mesmerizing blockbusters, Autodesk software helps our customers to design and make a better world for all.

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