Vero Software is a company based in Cheltenham, England, that specialises in CAD CAM (Computer Aided Design and Manufacturing).

History

Vero was founded in Northern Italy in October 1988 by Don Babbs and Ezio Galardo when they left

Olivetti Olivetti S.p.A. is an Italian manufacturer of computers, tablets, smartphones, printers and other such business products as calculators and fax machines. Headquartered in Ivrea, in the Metropolitan City of Turin, the company has been owned b ...

. In the mid 1990s, its VISI-CAD and VISI-CAM products were the first to use the PC implementation of the

Parasolid Parasolid is a geometric modeling kernel originally developed by Shape Data Limited, now owned and developed by Siemens Digital Industries Software. It can be licensed by other companies for use in their 3D computer graphics software product ...

kernel. The company was incorporated in 1997 under the name ''Deepcredit Limited'', and then renamed as ''VI Group Plc'' in 1998 prior to its listing on the London Stock Market. In October 2007, the company was renamed to Vero Software. On 11 August 2008, Vero Software Plc and its UK subsidiaries Vero UK Limited and Camtek Limited moved to a combined facility in

Cheltenham Cheltenham () is a historic spa town and borough adjacent to the Cotswolds in Gloucestershire, England. Cheltenham became known as a health and holiday spa town resort following the discovery of mineral springs in 1716, and claims to be the mo ...

, Gloucestershire from its previous location in

Stroud Stroud is a market town and civil parish in Gloucestershire, England. It is the main town in Stroud District. The town's population was 13,500 in 2021. Sited below the western escarpment of the Cotswold Hills, at the meeting point of the ...

. In 2010 and 2014 Vero Software was awarded '

The Queens Award for Enterprise The King's Awards for Enterprise, previously known as The Queen's Award for Enterprise, is an awards programme for British businesses and other organizations who excel at international trade, innovation, sustainable development or promoting oppor ...

'. Vero Software develops and distributes software for aiding the design and manufacturing processes, providing solutions for the tooling, production engineering, sheet metal, metal fabrication, stone and woodworking industries. The company's brands include Alphacam, Cabinet Vision, Edgecam, Machining STRATEGIST, PEPS, Radan, SMIRT, SURFCAM, VISI, and WorkNC, along with the production control MRP system Javelin. The company has direct offices in the UK, Germany, Italy, France, Japan, USA, Brazil, Netherlands, China, Korea, Spain and India supplying products to more than 45 countries through its wholly owned subsidiaries and expansive reseller network.

Acquisitions and capital funds

* May 2000 – acquired an Italian software company formerly known as Tecnocam for $349k plus shares. * March 2001 – acquired the ''Electronic Data Interchange'', a division of the South Wales-based ''Ubiquity Software Corporation'' used for the secure transfer of automotive CAD/CAM data for $361k. * May 2001 – November 2003 – raised up to €4.2million from a Eureka development grant Accordingly, the Company recognised $680k due to the Eureka grant and other Italian grant awards as development cost savings in the 2002 accounts. * May 2002 – Raised $4.6m from the stock market. * July 2002 – took over its US subsidiary for the assumption of $355k in debt and forgiveness of another $259k of debt. * August 2002 – sold its office in Prague for $33k. * September 2002 – acquired machining STRATEGIST and the majority of the programming team from NC Graphics for £1m cash plus shares. * May 2003 – Received £143k from the

South West Regional Development Agency The South West of England Regional Development Agency (SWRDA) was one of the nine Regional Development Agencies set up by the United Kingdom government in 1999. Its purpose was to lead the development of a sustainable economy in South West Englan ...

. * December 2006 – acquired Camtek, a nearby CAM software supplier. * July 2010 –

Battery Ventures Battery Ventures is a global, technology-focused investment firm. Founded in 1983, the firm makes venture-capital and private-equity investments in markets across the globe from offices in Boston, Silicon Valley, San Francisco, Israel and Lond ...

acquires Vero Software. * October 2011 – acquired Planit Software. * January 2013 – acquired

Sescoi Sescoi is a developer of industrial software for computer-aided manufacturing, enterprise resource planning and extended enterprise productivity. Its WorkNC software is one of the market leaders in the CAD/CAM field and is used by more than 25% o ...

International. * February 2013 – acquired Surfcam. * August 2014 – Vero Software was acquired by

Hexagon AB Hexagon AB is a multinational industrial technology company. Headquartered in Stockholm, Sweden,and publicly traded on the Nasdaq Stockholm exchange, the company since 2000 has had a particular focus on measuring technology and geospatial tools a ...

Solutions

Production CAM: *Edgecam: a production

CAM Cam or CAM may refer to: Science and technology * Cam (mechanism), a mechanical linkage which translates motion * Camshaft, a shaft with a cam * Camera or webcam, a device that records images or video In computing * Computer-aided manufacturin ...

software for milling, turning and mill-turn machining. *Surfcam: is a

CNC Programming Computer numerical control (CNC) or CNC machining is the automated control of machine tools by a computer. It is an evolution of numerical control (NC), where machine tools are directly managed by data storage media such as punched cards or ...

software for 2 axis to 5 axis machining. *Machining Strategist: is a 3D

software for roughing and finishing CNC toolpaths . MOLD & DIE / AUTOMOTIVE: *VISI: is a CAD/CAM software for the mould & die manufacturing industry. *WorkNC: is a

CNC software Computer numerical control (CNC) or CNC machining is the automated control of machine tools by a computer. It is an evolution of numerical control (NC), where machine tools are directly managed by data storage media such as punched cards or ...

for 2D, 3D and 5-Axis machining of surface or solid models in mould, die and tooling *Smirt: is a 3D viewing / CAM and process management for the die build stamping industry . VERIFICATION: *NCSIMUL: TOOL MANAGEMENT: *Fasys: SHEET METAL: *Radan: is a CAD/CAM software for the design and laser cutting, punching and bending of sheet metal components. ERP/MES: *Javelin: is software for

Manufacturing Resource Planning Manufacturing resource planning (MRP II) is a method for the effective planning of all resources of a manufacturing company. Ideally, it addresses operational planning in units, financial planning, and has a simulation capability to answer " what ...

and Production Control Software. *Workplan: is software for

and Production Control Software. WIRE EDM: *Peps: is a 3D

software for wire EDM and multi-axis laser programming. WOOD: *Alphacam: is a

software for wood, stone, composites and metal components from 2-Axis through to 5-Axis NC programming. *Cabinet Vision: is a software to design, price, render and build for woodworkers and cabinetmakers.

References

{{Reflist, 2 Engineering companies of the United Kingdom Computer-aided manufacturing software Companies based in Cheltenham 1988 establishments in England British companies established in 1988 Software companies established in 1988