Cincinnati Incorporated (“CI”) and New Valence Robotics Corporation (“NVBOTS”) announced today the closing of CI’s acquisition of NVBOTS. All employees of NVBOTS will be retained and the base of operations will remain in Boston, MA for the foreseeable future. Other terms of the acquisition were not disclosed.
CI partnered with NVBOTS as a value-added reseller in 2016 to complement BAAM (Big Area Additive Manufacturing), its large-scale additive machine tool solution. The NVBOTS small-scale 3D printer, rebranded as SAAM (Small Area Additive Manufacturing), offers large-scale designers a “print preview” for large prints and also penetrates new market segments outside the scope of BAAM... READ MORE