Cork-based manufacturing software specialist in €3m deal with UK tech group
Cork-based manufacturing software specialist Seabrook Technology has announced a partnership with UK group Toolroom Technology.
The partnership will offer a unique end-to-end offering for orthopaedic manufacturers, which is expected to generate €3m in revenue over the next two years for the two entities.
"This partnership will enable our clients to develop and optimise products on an entirely virtual basis, greatly enhancing the traceability of each device, enabling more efficient compliance with regulations and improving quality - all of which will ultimately benefit the patient," Sean O’Sullivan, MD of Seabrook, said.
The announcement was welcomed by Minister for Foreign Affairs and Trade with responsibility for Brexit, Simon Coveney who described it as "positive" to see an Irish company build strategic alliances at a time when organisations need to continue looking outward, beyond Ireland, in order to remain competitive on a global platform.
"With annual exports worth €8.5bn and 18 of the 25 biggest medtech companies in the world based here, Ireland is a world leader in this dynamic sector," Mr Coveney said.
The partnership will enable Seabrook to expand its global offering of Siemens Camstar, an advanced software product which enables paperless manufacturing, by pairing it with Siemens NX CAM software from Toolroom Technology, which optimises productivity.
It is the first time these two technologies will be combined into one offering for orthopaedic manufacturers.
"Seabrook are committed, despite these uncertain Brexit times, to continue building relationships both in the UK, and internationally... We will work together to bolster our global impact and transform the orthopaedic manufacturing process," Mr O’Sullivan said.