Published on December 31st, 2016 | by Geetika Bhasin
Citim Gmbh Acquired By Oerlikon
Oerlikon reported today the procurement of German 3D printing department Citim GmbH. Oerlikon is years old organization and keeps on investing in 3D printing. This news takes after the declaration of another devoted office in Michigan not long ago. With a quarter-century involvement in added substance producing Citim conveys solid skill to Oerlikon’s worldwide business. A Swiss organization, Oerlikon is a pioneer in the generation of metal powders for added substance fabricating and the office they are working in North America is expected to take care of expanded demand.
Citim were established in 1996 and now have more than 120 workers, a year ago deals created $12 million in income. Budgetary points of interest of this new arrangement are not yet open.
Priding themselves on the nature of the items they create it is justifiable that Oerlikon has tried to gain Citim. Adding the German mastery to their current materials fabricating business implies that Oerlikon will now have the capacity to offer a conclusion to end added substance producing administration. The news comes around the same time of the declaration that Tangible Solutions are extending.
Citim gives a 3D printing administration through utilization of 17 metal 3D printers from makers EOS, SLM Solutions and TRUMPF. They give a 3D plastic printing administration through utilization of 4 3D printers of the producer EOS. The department as of late moved to another working in the German region of Barleben and has a U.S. nearness with a site in Kennesaw, Georgia.
This desire has well and genuinely been lighted with the obtaining of Citim. Merger and acquisition action has hinted at small backing off in the 3D printing industry and this most recent news comes not long after another European organization, Sandvik expressed they are hoping to gain modern programming firms as a feature of their turn into the 3D printing industry.