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Items filtered by date: November 2024 - CIMdata
AMETEK, Inc. announced that it has completed its acquisition of FARO Technologies, Inc. for $44.00 per share in cash, or approximately $920 million, net of cash acquired. The completion of the transaction follows approval from FARO shareholders and the receipt of all regulatory approvals. As a result of the completion of the merger, the common stock of FARO will no longer be listed for trading on Nasdaq. "We are pleased to announce the closing of this highly strategic acquisition and are excited to welcome the FARO Technologies team to AMETEK," said David A. Zapico, AMETEK Chairman and Chief Executive Officer. "FARO's leadership in 3D metrology and digital reality solutions enhances our capabilities in precision measurement and supports our expansion into attractive market segments." FARO joins AMETEK as part of its Ultra Precision Technologies Division within AMETEK's Electronic Instruments Group. FARO Technologies is a leading provider of 3D measurement and imaging solutions, including portable measurement arms, laser scanners and
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JBT Marel Corporation announced that it will report second quarter 2025 financial results on Monday, August 4, 2025, after the market closes. JBT Marel will host an earnings conference call on Tuesday, August 5, 2025, at 10:00 AM ET / 14:00 GMT. The conference call will be webcast and is accessible through this link: Webcast Registration. The webcast will also be available for replay shortly after the conference call ends. This information is also available on the Company’s Investor Relations Website. To view the original press release, please click here. Search for JBT Marel on CIMdata.com
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KORE Group Holdings, Inc., the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that on August 14, 2025, following the U.S. market closing it will release its financial results for the second quarter of 2025. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: August 14, 2025Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Webcast Event: link U.S. dial-in: (877) 407-3039International dial-in: (215) 268-9922Conference ID: 13755120 To view the original press release, please click here. Search for KORE on CIMdata.com
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TotalEnergies and Emerson’s Aspen Technology business have announced a strategic collaboration to deploy advanced digital technologies for the continuous, real-time collection of data from TotalEnergies’ industrial sites. The objective is to harness the value of that data to enhance decision-making, specifically through the use of artificial intelligence (AI), and optimize operational efficiency, energy use and environmental performance at TotalEnergies sites worldwide, thereby continuing to supply more reliable and sustainable energy.  Leveraging data in real time… Under the terms of the deal, TotalEnergies will roll out Emerson’s AspenTech Inmation™ across its industrial sites worldwide. This industrial data fabric will continuously collect and centralize millions of real-time data points from TotalEnergies’ facilities, providing secure and unified access to data across the organization.  The digital infrastructure, which also includes Emerson’s advanced process control solutions, will subsequently allow TotalEnergies to deploy AI use cases. ...to improve industrial performance  This rollout is planned over a two-year period and will ultimately
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Infosys, a global leader in next-generation digital services and consulting, announced the expansion of its existing collaboration with Telstra, Australia’s leading telecommunications and technology company. Infosys will be the strategic partner for Telstra International, the global arm of Telstra, to advance technology leadership, drive innovation and support Telstra’s new Connected Future 30 strategy by dynamically responding to customers' evolving needs. The collaboration will also drive efficiency while accelerating Telstra International’s strategy of streamlining operations and delivering solutions which add value to customers. Infosys will deploy an AI-first approach to modernize and streamline essential systems for Telstra International, which will enhance connectivity, drive business growth, and accelerate the adoption of AI. “Our expanded collaboration with Infosys is pivotal to delivering greater value for our customers and shareholders as we evolve into a software-centric, AI-first connectivity company,” said Chris Ellis, Head of IT, Software Engineering & IT, Product & Technology at Telstra. “It strengthens our focus on
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Infosys, a global leader in next-generation digital services and consulting, announced the extension of its strategic collaboration with AGCO Corporation, a global leader in the design, manufacture and distribution of agricultural machinery and precision agriculture technology. This new engagement spans IT infrastructure and HR operations, empowering AGCO with an efficient and future-ready operational framework. The transformation aims to enhance user experience through responsive IT solutions, simplicity, consistency and cost reductions via standardized processes as well as accelerated efficiency with scalable tools and automation technologies. Building on the trust fostered through a strategic digital transformation collaboration, the two companies are working together on the following critical areas: HR operations aimed at elevating employee experience, streamlining processes and driving efficiency within AGCO’s human resource functions, in collaboration with the Infosys BPM practice. IT infrastructure operations leveraging best-in-class offerings like Infosys Polycloud, a part of Infosys Cobalt, along with automation technologies aimed at simplifying, standardizing, and optimizing AGCO’s IT ecosystem. In
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Qualtrics, the leader and creator of the experience management category, announced that Singapore Airlines (SIA) is using its solutions to enhance its collection, processing, and analysis of customer responses, enabling deeper insights across multiple feedback channels. The three-year agreement supports SIA’s efforts to better understand customer concerns and preferences through research, data analytics, and artificial intelligence (AI). This approach allows SIA to gather comprehensive customer experience data across multiple channels, helping identify evolving preferences and address concerns across various touchpoints. “Singapore Airlines uses Qualtrics’ text analytics to process and analyse customer feedback from multiple channels. By integrating advanced analytics with our customer experience strategies, we can better understand our customers’ evolving expectations, address their needs more effectively, and enhance their end-to-end journey with Singapore Airlines,” said Melvin Ng, Vice President of Customer Experience at Singapore Airlines. SIA is also exploring how to leverage Qualtrics’ GenAI capabilities to enhance analysis of open-ended customer feedback.
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Società Gasdotti Italia (SGI), the leading independent operator of natural gas transmission in Italy, announces a new partnership with IFS, a global leader in cloud-based enterprise software solutions for asset-intensive industries. SGI will adopt the IFS Cloud platform to digitally transform field service operations, supporting the operational and technological evolution of the national energy sector. With a network of over 1,800 km of high-pressure gas pipelines and a widespread presence across the territory, SGI ensures the daily safety and efficiency of Italy’s energy infrastructure. The choice of IFS Cloud marks a key milestone in the company’s digital transformation journey, aimed at making Field Service Management (FSM) processes smarter, more agile, and more connected. The platform will provide an integrated approach to field operations, including advanced capabilities for planning, field mobility, work permit management, and supplier coordination. The goal is to improve efficiency, traceability, and real-time visibility, with a strong focus on safety, data quality, and sustainability. “The adoption of IFS Cloud is a strategic investment
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HPE announced several enhancements to support HPE’s ongoing transformation, including the formation of a new Strategy Committee of the Board and the appointment of Robert (Bob) Calderoni, a veteran technology executive and current Chairman of KLA Corp., as a director effective July 16, 2025. These enhancements were made as part of the Board’s continued efforts to drive shareholder value, and in connection with a cooperation agreement with Elliott Investment Management L.P. (Elliott). The newly formed Strategy Committee will assess the strategies of HPE’s businesses and identify opportunities for additional value creation. Calderoni will chair the Strategy Committee, and it will also include Gary Reiner, Raymond Lane, and Charles Noski. In addition to chairing the Strategy Committee, Calderoni will join as a member of HPE’s Integration Committee, which was formed by the HPE Board following the closing of the Juniper transaction. Pat Russo, Chair of the HPE Board, said, “We are pleased to welcome
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Hexagon, the global leader in measurement technologies, announced that Anders Svensson has officially assumed the role of President and CEO as of 20 July 2025. His appointment was first announced on 20 January 2025. Anders Svensson succeeds Norbert Hanke, who has served as interim President and CEO since November 2024. Norbert will now take on the role of Group Executive Vice President where he will assume responsibility for people and culture at a group level and lead ventures and other strategic projects. He will continue reporting directly to Hexagon’s President and CEO and remain a member of Hexagon’s executive management team. Anders Svensson, President and CEO, Hexagon AB, commented, “It’s a great honour to join Hexagon and to be part of a business with such a strong legacy of innovation and market leadership.” He continued, “Hexagon is uniquely placed to capture several disruptive growth opportunities, including autonomy, robotics, digital twins and the
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