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Swedish manufacturer Sandvik (STO: SAND) said it will acquire French software company Metrologic Group from Astorg Partners for €360 million (US$434.9 million).
Headquartered in Meylan, France, Metrologic Group is a developer of agnostic metrology software. Its offerings include metrology, automation, and robotics control as well as servics for calibration and 3D measuring.
The addition will broaden Sandvik Machining Solutions’ offering in digital manufacturing, the company said.