Support for non-Hypertherm cutting systems, non-cutting applications and previously planned investments in engineering and support resources will continue. In addition, Jabez Associates will receive all Hypertherm benefits, including profit sharing and full participation in the company's employee stock value plan. The transaction was structured as a purchase of substantially all assets of Jabez Technologies. Financial terms are undisclosed.

"We are excited to join the Hypertherm family. Hypertherm's vision regarding the future of industrial robotics as well as the cultural alignment between our companies made a perfect and natural fit," explains Chahe Bakmazjian. "Additionally, we can leverage Hypertherm's global service, support and logistics resources to better serve our rapidly growing base of robotic integrators and end users to accelerate the growth of Robotmaster."

Jabez Technologies specializes in simplifying complex robotic programming for 3D shapes, particularly in high-mix manufacturing environments. With the ability to program many different robots across multiple processes, and by providing tools for easy cell setup and configuration, its Robotmaster software delivers the flexibility required to support a wide variety of robotic applications. Built-in simulation tools, on-the-fly calculation capabilities and unique optimization and collision avoidance tools allow programmers to quickly prepare their jobs with confidence.
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