Technology | 2019.03.20
OMAX Plans to Join Forces with Hypertherm, Strengthening Its Waterjet Industry Leadership Position
OMAX Corporation and Hypertherm, a U.S. based manufacturer of industrial cutting systems and software, have signed a definitive merger agreement to establish OMAX as a wholly-owned subsidiary of Hypertherm. Upon closing, OMAX’s industry leading direct drive pumps, software, and applications technologies will combine with Hypertherm’s complementary portfolio of intensifier-based pumps and abrasive recycling systems, to form the industry’s leading waterjet technology offering.
(PRWeb March 20, 2019)
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