Keywords
Citation
(1999), "Orbotech and Valor announce joint venture CAM operations", Circuit World, Vol. 25 No. 1. https://doi.org/10.1108/cw.1999.21725aab.021
Publisher
:Emerald Group Publishing Limited
Copyright © 1999, MCB UP Limited
Orbotech and Valor announce joint venture CAM operations
Europe
Orbotech and Valor announce joint venture CAM operations
Keywords CAM, Orbotech, Valor
Orbotech Ltd and Valor Computerized Systems Ltd have announced an agreement to form a joint venture with respect to computer aided manufacturing (CAM) software for printed circuit board (PCB) fabrication applications. The interests in the joint venture will be held equally by Orbotech and Valor.
The joint venture will continue to support the existing installed base of products from both companies and will focus on continuous development and marketing of advanced CAM and pre-production engineering solutions for the PCB industry.
Commenting on the news, Jaron Lotan, co- general manager of Orbotech's PCB division, said: "Combining the technologies, industry knowledge and extensive global presence of both companies will allow us to support the PCB industry with the best solutions available for its pre-production engineering and CAM needs. The joint venture will offer these solutions, combined with the advantages of seamless integration with Orbotech's AOI, imaging and other products. At the same time, it will promote and support an open system and open format approach for the benefit of our customers."
Schmil Dolberg, president and CEO of Valor, added: "The joint venture plans to consolidate all state-of-the-art pre-production technologies from Valor and Orbotech to support the PCB industry in meeting the next millennium challenges of board density and speed. While promoting the open system approach, the joint venture will be committed to migrating all of its product lines to fully support the ODB++ data transfer format. This is expected to accelerate further endorsement of the ODB++ as the de-facto standard of design to manufacturing data exchange and to provide a widely accepted vehicle for production-ready, unambiguous and comprehensive data transfer. Valor will continue its independent development and sale of software products for PCB design and assembly applications".