Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between The Association For Manufacturing Technology (AMT) and the U.S. Cutting Tool Institute (USCTI), totaled $199.9 million in January 2025.
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Lumafield, a developer of industrial X-ray CT technology, has announced it has closed a $75 million Series C funding round. The funding solidifies the company’s position as a leader in advanced manufacturing as the U.S. renews its focus on manufacturing supremacy and companies around the world reconfigure their supply chains in response to strategic threats.
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Minitab, a market leader in data analysis, predictive analytics, and continuous process improvement, has announced the acquisition of Prolink Software, a market leader in software solutions that automate data collection from inspection equipment for statistical process control and quality analytics.
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Atlas Copco Group has expanded its portfolio in industrial automation with the acquisition of Neadvance Machine Vision, S.A. (Neadvance), a Portuguese company specializing in software solutions for quality control and integrated vision systems.
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Verisurf Software, Inc. has announced that it has signed an agreement to be acquired by Sandvik, a global high-tech engineering group providing solutions for the manufacturing, mining, and infrastructure industries.
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Orders of manufacturing technology totaled $357.3 million in January 2025, down 29.8% from December but up 5.7% from January 2024. While the order value was 16.2% higher than an average January, the units ordered were the lowest for any January since 2016.
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Callista Private Equity GmbH (Callista) has announced the acquisition of Carl Zeiss Automated Inspection GmbH from ZEISS Group by Callista Asset Management 27 GmbH.
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Sandvik has acquired the probing and post processor business lines of CIMCO Group, a Denmark-based developer of software solutions for computer-integrated manufacturing.
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Orders received by the German machine tool industry in the fourth quarter of 2024 were 7 percent down on the previous year’s figure. Orders from both Germany and abroad fell by similar amounts: 7 percent and 6 percent, respectively. In 2024 as a whole, incoming orders declined by 19 percent. Domestic orders were 9 percent down on the previous year, while orders from abroad fell by 24 percent.
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Sarine Technologies Ltd , a worldwide leader in the development, marketing and sale of precision technology solutions for the evaluation, planning, processing, measurement, grading and trading of diamonds and gems, has announced the signing of a non-binding LOI Term Sheet to purchase, subject to the usual due diligence reviews and to reaching and executing a definitive agreement, a majority share in Kitov.AI against an all-cash consideration.
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