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Siemens to acquire Altair Engineering for $10 billion
The acquisition is expected to boost Siemens’ digital business revenue by 8%, adding approximately €600 million.Read more
ETA launches Dynaform 7.2: A sheet metal forming simulation software
Notable enhancements include improvements in Blank Size Engineering (BSE), Die Face Design (DFD), Formability Simulation (FS), and Tube Bending & Forming (TBF).Read more
Temasek considers selling stake from Schneider Electric India venture
Another possibility being considered is an initial public offering (IPO) of the stake.Read more
General Motors lays off over 1,000 software and services employees globally
The reduction primarily targets teams which oversees vehicle infotainment, OnStar services, and GM's Super Cruise advanced driver-assist system. Read more
Continental & Amazon Web Services creates software solutions for mobile robots
Continental's comprehensive AMR solutions comprise robot hardware, an advanced autonomy software stack and AI-enabled fleet management software supported by strong partners. Read more
Honeywell launches AI software to optimise gigafactory operations
Battery MXP aims to reduce cell manufacturing costs, compress production ramp-up cycles, and cut material waste by 60% at startups. Read more
Ansys & IIT Bombay’s SINE Collaborate to support tech startups
Ansys will provide an evaluation or trial license for three months to the startups associated with SINE and will support them for the same.Read more
Honeywell unveils batch historian software to digitalise manufacturing tasks
The new solution leverages simple drag-and-drop tile configuration, eliminating the need for advanced programming skillsets or detailed historian database knowledge to develop reports.Read more
Honeywell Forge launches AI-enabled software to accelerate digital transformation
Honeywell Forge Performance+ for Utilities delivers near real-time insight to help utilities improve grid operation and address variability associated with new energy sources. Read more
The machine tool industry is a crucial customer base for Eplan
In this interview with Rakesh Rao, Umesh Pai, MD, Eplan Software Pvt Ltd (Eplan India) explores recent developments and the effect of emerging trends on the Indian machine tools industry.Read more