Acquisitions, Mergers & PartnershipsFormnext

DMG MORI invests in Indian 3D printing company INTECH

The company has acquired a 30% stake in INTECH

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At the Formnext 2018 show in Frankfurt, DMG MORI is announcing that it is boosting its already far-reaching global presence in metal additive manufacturing (AM) by taking a 30% stake in the Indian company, INTECH, a developer of software for AM, machine learning and artificial intelligence.

INTECH is considered a pioneer in metal 3D printing in India. The firm already supplies software solutions for DMG MORI’s LASERTEC SLM (selective laser melting) machines and also for other products as well as customers using the powder bed technology. Its new OPTOMET software, for example, automatically calculates optimal process parameters, simplifying programming and resulting in markedly improved surface quality as well as reproducible component properties.

Employing more than 60 software specialists and technology experts, INTECH was founded in 2012. It supplies not only innovative software solutions but also additively manufactured prototypes into the aerospace, medical, automotive and toolmaking sectors, as well as mechanical engineering. The company’s staff has more than 30 years’ metallurgical experience gained in the foundry business and over 25 years of machining and quality control expertise.

Christian Thönes, Chairman of the Executive Board of DMG MORI AG, commented: “With INTECH we are strengthening our global footprint in India and accelerating our innovation in additive manufacturing. Right first time is our motto, which means producing the first good part quickly. We are actively pushing ahead with integrated solutions along the whole generative manufacturing process chain.”

Mr Sridhar Balaram, CEO of INTECH, added, “Leveraging synergies is key and our collaboration with DMG MORI is a perfect fit of hardware and software. OPTOMET can also be applied to other key technologies within additive manufacturing, such as directed energy deposition and binder jetting. We believe this software is a game-changer for the whole of the additive manufacturing market.”

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VoxelMatters is the online trade media portal published by 3dpbm, a leading marketing and market research firm specializing in the AM industry. 3dpbm also publishes the 3D Printing Business Directory, the AM Focus eBook series and the 3dpbm Research AM Market Reports. 3D Printing Media Network was founded with the goal to provide the latest industry news, insights and opinions to a global audience of professionals and decision makers.

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