SLM Solutions Decides software joint venture with CADS GmbH
DGAP-News: SLM Solutions Group AG / Key word (s): Joint Venture / Strategic Company Decision SLM Solutions Decides software joint venture with CADS GmbH
02.15.2016 / 07:31 the issuer is solely responsible for the content of the message verantwortlich.
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SLM Solutions Decides software joint venture with CADS GmbH
– joint venture founded with Austrian CADS GmbH, Perg,
contractually decided on February 8, 2016
– developing its own specialized software for requirements of
metal 3D printing
– Further strategic step on the way to solution provider for
additive manufacturing
Lübeck, February 12, 2016 – Together with the Austrian software developer CADS wants the SLM Solutions Group Ltd – a leading supplier of metal-based additive manufacturing technology ( “3D printing”) – to develop a design software that facilitates its customers the development of components
Henner Schöneborn. , board member of SLM Solutions in the department “Corporate Development and innovation”, explained the project: “So far we are working with the design software from a third party, however, not agree with the particulars of the selective laser melting and the customer requirements to the desired extent. CADS us with deep manufacturing know-how and solutions in the field of medical technology, combined with innovative ideas, convincing. We see in a software house development in the medium term a great chance to meet the requirements of the design practice of our customers more effectively “
The CFO of SLM Solutions, Uwe Bögershausen, goes on:”. We position ourselves – as with the announced cooperation with Jurec and the last announced joint venture in powder area – increasingly as a holistic solution provider for additive manufacturing. This software plays an important role. The software solutions of CADS allow today that surgeons on a guided construction design implants without having to be designated drug CAD specialists. The continuing application in the medical field is a first step, in the long term but we are also in other areas. “
SLM Solutions will invest a low seven-figure euro amount to founding SLM Solutions Software GmbH, at the they will hold a share in the capital of 51 percent. the software to be developed will be sold by SLM Solutions for its own products, but can in principle be used independent of the machine.
“additive manufacturing means freedom in component geometry. This is e.g. the weight-optimized bionic design of components possible. We want to develop with CADS a design tool that facilitates the optimal design of the components. This will make it easier to use the full potential of additive manufacturing. And so the spread of additive manufacturing is further accelerated, “says CEO Dr. Markus Rechlin strategic step
About the company:.
The SLM Solutions Group AG of Lubeck is a leading provider of metal-based additive manufacturing technology (also commonly referred to as “3D-pressure”). the company’s shares are traded on the Prime Standard of the Frankfurt stock Exchange. the company focuses on the development, assembly and sale of equipment and integrated system solutions in the field of selective laser melting (Selective laser melting) and the vacuum and Metallgießanlagen. SLM Solutions currently employs more than 250 employees in Germany, the US, Singapore, Russia and China. the products are used worldwide by customers in the aerospace industry, the energy sector . the health or the automotive sector employed SLM Solutions stands for technological progress and innovative and highly efficient integrated system solutions
Contact:. Maximilian Breuer, cometis AG Unter den Eichen 7 65195 Wiesbaden phone: 0611-205855-22 E- mail: breuer@cometis.de
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15.02.2016 Release of a Corporate News / Financial News, transmitted by DGAP – a service of EQS Group AG for the contents of this announcement, the issuer / publisher is solely responsible
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Sprache: German
company: SLM Solutions Group AG
Rogge Horster Strasse 9c
23556 Lübeck Germany
Internet: www.slm-solutions.com
ISIN: DE000A111338
WKN: A11133
exchanges: Regulated market in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Dusseldorf, Munich, Stuttgart
end of News DGAP News-Service
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437229 02/15/2016
Source: AFX
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