Decision to acquire outstanding shares prompted by TRUMPF’s ongoing digitalization strategy // Indian location’s software already a standard component of TRUMPF bending machines
TRUMPF strengthens its software portfolio by acquiring remaining stake in Indian joint venture TRUMPF Metamation
Ditzingen, July 19, 2022 – High-tech company TRUMPF has acquired the remaining 49 percent of the shares in Indian software developer TRUMPF Metamation Private Limited. The Chennai-based software firm, which specializes in the development of CAD and CAM software applications and machine control solutions, is a key component of TRUMPF’s global software strategy. It offers excellent conditions for further growth thanks to Chennai’s established cluster of international software firms.
TRUMPF acquired a 51 percent majority stake in the software developer in 2014. The company currently employs around 40 software specialists.