Sandvik Coromant has signed a strategic research agreement with PARC, a Xerox company, which will provide the cutting tool specialist with a footprint in Silicon Valley and expert resources for R&D in the field of digital manufacturing. Sandvik Coromant will also acquire all IP and technology related to PARC’s software for process planning and automated cost estimation for subtractive manufacturing. The strategic research agreement
will be governed by a joint steering committee featuring representatives from both companies.
For further information www.sandvik.coromant.com