Cimatron
| Cimatron Ltd.
|
|
|---|---|
 |
|
| legal form | Limited |
| ISIN | IL0010824295 |
| founding | 1982 |
| Seat |
Tel Aviv Israel
|
| management |
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| Number of employees | 197 (December 31, 2006) |
| sales | $ 41.8 million (2008) |
| Branch | Software manufacturer |
| Website | www.cimatron.com www.cimatron.de |
The Cimatron Ltd. is a manufacturer of CAD / CAM software based in Tel Aviv , Israel .
overview
Cimatron was founded in 1982. There are branches in China, France, Great Britain, India, Italy, the United States, South Korea, Japan and in Germany in Ettlingen (headquarters) as well as offices in Nuremberg, Hamm and Ismaning near Munich. More than 50 employees in Israel, Germany and Russia develop the CAD / CAM software product line CimatronE and its predecessor CimatronIT . The company sells these products worldwide through 35 distributors. More than half of the sales result from the service business and the software license fees of the approximately 8,500 customers, most of whom are based in Europe. Revenue from license fees has decreased due to increased competition. The development of CAD / CAM technology was sponsored by the Israeli government.
The company's shares are traded on the NASDAQ on the SmallCap market in New York under the symbol CIMT. Around 33% of the shares are each owned by Koonras Ltd., Tel-Aviv and DBSI Investments Ltd., Herzliya .
Products
CimatronE is a CAD / CAM software solution for tool and mold making and the manufacturing industry that has been distributed since September 2001. The software is for small and medium-sized companies in the automotive and aerospace industries for CAD Development of plastic injection molding products and tools as well as for the control of the CNC - machine tools used. A version of the software adapted for shoe manufacturing is also available.
The software has interfaces for neutral file formats and file formats from other manufacturers (ACIS, STEP 203/214, VDA-FS , IGES , Parasolid , CATIA V4 / V5, ProE Neutral, DWG / DXF ).