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Vero Software Acquires Sescoi International

Will add 2D and 5-axis machining capabilities.

| Published January 9, 2013

Vero Software is acquiring Sescoi International, an industry specialist for 2D to 5-axis NC machining via its WorkNC product suite.

"Across the enlarged group, the complementary products address the worldwide need for efficient and innovative CAD/CAM/CAE technology," said Richard Smith, CEO of Vero. "With an unrivalled breadth of market leading solutions for specific manufacturing techniques and an expanded distribution capability, we will continue to provide excellent service and support to both existing and new customers and further extend a growing influence on the global market. We fully recognize the importance of product branding and customer loyalty. It is important to emphasize that we will continue to invest in the WorkNC product suite and welcome the existing Sescoi partners and resellers into the Vero network. We will move forward together with the expertise, knowledge and resources necessary to deliver even higher levels of productivity to our customers."

"We are extremely pleased to be joining the Vero Group," said Bruno Marko, Sescoi founder. "Since originally founding the company in 1987, Sescoi has become one of the world's key CAD/CAM providers with WorkNC. However, with Vero's global distribution, additional development resources and proven technology sharing concept, I am certain the products will advance at an even faster pace and continue to provide innovative solutions that boost productivity, bolster competitiveness, reduce costs and improve quality."

For more information, visit Sescoi International and Vero Software.

Sources: Press materials received from the company and additional information gleaned from the company's website.

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