Is 2008 the age of consolidation for the CAM market? Others more informed than myself have noted that there are too many CAM software developers, all them much smaller than most CAD companies. How small?
-- Cimatron is buying Gibbs & Associates for $5 million and 1.5 million shares.
-- The combined companies annual revenues will be over $40million (Gibbs providing $12 million of that).
-- This size of company places Cimatron in the top 10 among CAM software vendors.
That's how small they are. But 2008 could change that. Cimatron chairman Rimon Ben Shaoul says, "...Cimatron is actively looking to create more shareholder value through mergers and acquisitions."
And if Cimatron is doing M&As, then its competitors will have to start snapping up smaller companies, as well.