After being in CNC machine market from the '70s, the activity was reorganized in 1995 as a joint venture of an Italian CNC machine distributor with a Japanese manufacturer of CNC machines to design and manufacture a line of innovative and advanced CNC Machining Centers built in Italy. In 1998 the company passed entirely in the hands of Italian entrepreneurs who changed the name into Multiax and, in later stages, expanded its activity opening a subsidiary in the USA in 2001. Many machines have been developed and produced until July 2010, when the ownership of Multiax was taken over by U.S. investors after the economic crisis of 2008 with the enthusiastic support of Italian partners and a team of experienced specialists.