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Index Group Acquires One Click Metal GmbH

Index Group Acquires One Click Metal GmbH

Index Group extends business with One Click Metal’s additive manufacturing solutions in 3D printing metal, which are used in mechanical engineering, tool manufacturing and automotive industries. CNC turning machines manufacturer Index Group (Esslingen, Germany) acquired a majority...
Formlabs raises $150 million in Series E round

Formlabs raises $150 million in Series E round

Formlabs has announced a $150m Series E funding round led by SoftBank Vision Fund 2, which it says has doubled its valuation to $2B. The Boston-based company will harness the investment to expand its 3D printing portfolio...
Grizzly Industrial Appoints Shabir Baloia COO

Grizzly Industrial Appoints Shabir Baloia COO

Shabir Balolia will provide strategic leadership as COO of Grizzly Industrial Inc. He enters the role with over 30 years of experience at the company. Grizzly Industrial Inc. has promoted Shabir Balolia to the role of Chief Operating...
7 Predictions for CNC Machining Industry in 2021

7 Predictions for CNC Machining Industry in 2021

Since the COVID-19 outbreak in 2020, the CNC machining industry has registered accelerated growth. With the stay-at-home orders and imposition of lockdowns in several countries, the manufacturing industry has managed to mitigate its losses...
ZEISS To Acquire Capture 3D

ZEISS To Acquire Capture 3D

ZEISS plans to expand its national coverage in the US for its Industrial Quality & Research segment by acquiring Capture 3D. Headquartered in Santa Ana, California, Capture 3D is the leading US partner for GOM 3D...
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