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Aramco Digital and LTIMindtree announced the official launch of NextEra, a next-generation IT services company headquartered in the Kingdom of Saudi Arabia. A strategic joint venture, between LTIMindtree and Aramco Digital named ‘LTIM Aramco Digital Solutions for Information Technology Company’ – ‘NextEra’ is designed to accelerate Saudi Arabia’s digital transformation in alignment with the Kingdom’s ambitious Vision 2030. The initiative is backed by Aramco under its forward-looking Namaat Industrial Investments Program, and reflects a shared commitment to building a robust, homegrown digital ecosystem that fuels innovation, economic diversification, and sustainable growth. Powered by advanced and emerging technologies NextEra aims to offer organizations future-ready solutions that enhance operational efficiency, enable intelligent decision-making, and deliver seamless customer experiences. NextEra’s foundation is built upon six core pillars—AI and automation, scalable cloud services, deep industry expertise, digital engineering, sustainability, and customer centricity. “The launch of NextEra marks a pivotal milestone in our efforts to localize IT services and contribute to advancing

ARKANCE, a global leader in digital transformation solutions for the architecture, engineering, and construction (AEC) and manufacturing industries, and Eagle Point Software are extending their partnership to the EMEA region. Building on years of collaboration across the United States and Asia-Pacific, the strengthened global alliance now also delivers next-generation e-learning and digital training solutions to customers across Europe.  As AEC firms work to close skills gaps and keep pace with digital transformation, attracting and enabling the next generation of talent is essential. Studies show that 65% of Gen Z say they prefer online learning over in-person classrooms, making on-demand, cloud-based learning more attractive to new professionals. This makes on-demand, cloud-based learning not just attractive, but urgent.  With the extension of the partnership to EMEA, ARKANCE will become the largest global reselling partner for Pinnacle Series, Eagle Point’s premier Learning Management System (LMS) and Pinnacle Lite, the solution provider’s eLearning software. Eagle Point will also enhance its

We announced the launch of our London-based subsidiary, Applied Intuition UK, establishing a base for greater partnerships and collaboration with our European clients and partners. This move follows swiftly on the heels of our two newest defence products, Axion and Acuity, marking a significant expansion of our capabilities and presence in Europe. Our new office, located in Central London, signals our long-term commitment to the UK. It will serve as a base for Applied Intuition’s engagement with our British clients, facilitating closer collaboration, faster support, and deeper integration into the regional defence and security landscape. We’re proud to announce that this expansion is backed by £50 million in foreign direct investment, aimed at building sovereign capability and creating high-value jobs in engineering and research and development. “The UK isn’t just another pin on the map for us - it’s a place where we see real alignment between ambition, capability, and urgency,” said Tristam

Contruent, a leading SaaS company specializing in lifecycle cost management solutions that enable Owners and Engineering & Construction firms to deliver megaprojects with greater precision and speed, continues its commitment to recognizing exceptional employee contributions through the monthly Contruent Character Award. This initiative highlights the company’s dedication to fostering a positive and supportive work environment. For May, the award focused on “Teamwork Makes The Dreamwork,” celebrating individuals who exemplify outstanding collaborative efforts within the organization. Amit Mittal, Manager, Software Development, was selected as the recipient. “At Contruent, we believe in the power of a strong team,” said Ryan Kubacki, CEO of Contruent. “The monthly Contruent Character Award is a testament to our dedication to acknowledging and celebrating the values that drive our success. This month, we are proud to recognize Amit for embodying the spirit of teamwork and collaboration, which is essential to our company’s achievements.” Amit Mittal was nominated for his consistent coordination

Honeywell announced that its Board of Directors has elected Marc Steinberg, a Partner at Elliott Investment Management, L.P., to its Board of Directors as an independent Director and Audit Committee member, effective May 31, 2025. As a Partner at Elliott, Steinberg is responsible for public and private equity investments across a range of industries, including the industrials sector. Prior to joining Elliott in 2015, he worked at investment bank Centerview Partners. His extensive financial expertise spans capital markets, corporate finance, investor relations, mergers and acquisitions, and capital allocation. "We welcome Marc's valuable perspectives and collaboration, which will complement the experience of our current board," said Vimal Kapur, Chairman and CEO of Honeywell. "I greatly appreciate the constructive insights that Marc has shared with Honeywell over the past months and recognize a shared vision for the opportunity ahead. On behalf of the board, I look forward to working with Marc to help realize that opportunity and unlock significant value for our shareholders." "Honeywell is among

NSF, a recognized global leader in public health and safety certification, announced that it has become the preferred certification body for Xometry’s Thomasnet®, the digital platform that connects industrial buyers with more than 500,000 suppliers across America. The agreement means that: Suppliers listed on Thomasnet will have the opportunity to earn certifications, including management system certifications, from NSF’s wide-ranging portfolio of services. NSF will promote Thomasnet as a platform for manufacturing businesses to reach new audiences. NSF and Thomas will jointly promote information on a broad range of certifications, including Cybersecurity Maturity Model Certification (CMMC), a growing requirement for U.S. Department of Defense (DoD) contracts. “This collaboration comes at a time when many manufacturers are looking to engage new and multiple suppliers to enhance their supply chain resilience and improve flexibility,” said Sameer Vachani, Senior Director of Enterprise Solutions for NSF. “The importance of suppliers earning NSF certification, especially amid supply chain pressures, will be key to

Siemens Digital Industries Software announced the latest members to join its OSAT Alliance program which enables outsourced semiconductor assembly and test (OSAT) providers to develop, validate and support integrated circuit (IC) package assembly design kits (ADKs) that drive broader adoption of emerging technologies by fabless semiconductor and systems companies and help to build secure domestic semiconductor supply chains.  The OSAT Alliance helps mutual customers to fully leverage the integrated workflow across Siemens’ EDA portfolio (including Calibre® software, Innovator3D IC™ software, HyperLynx™ software and Xpedition™ Package Designer software) and encourage selected supply-chain partners to develop design flows and assembly design kits (ADKs) so that their customers can design, verify and validate efficiently and predictably for the partners’ advanced semiconductor integration platforms and technologies  “The OSAT Alliance has been designed to help promote the adoption and growth of advanced semiconductor packaging throughout the industry’s ecosystem and enable system and fabless semiconductor companies to have a friction-free

The Bremen-based companies have successfully developed a connector between CONTACT Software’s PLM solution and Synera’s AI agent platform for engineering. This integration combines efficient data management and digitalized processes.  Engineers often face intense pressure to deliver results in record time. The connector enables to fully automate design or analysis processes while ensuring that the correct data is being worked on. For example, CAD designers can push their latest design iteration to CONTACT's CIM Database PLM, then trigger a Synera AI agent to analyze the latest design for mechanical performance and generate a report. This automated solution avoids organizational bottlenecks and costly rework related to error-prone, manual data management, accelerating design outcomes. The collaboration builds on a successful foundation: CAIQ, a subsidiary of CONTACT Software, previously developed a CATIA V5 connector that allows engineers to remotely adjust the parameters of a 3D model in CATIA V5 directly from within Synera. Now a CATIA V6 version

Aptean Inc., a global front-runner of AI-driven ERP solutions, is pleased to announce the acquisition of Vlexgroup AG (“VLEX”), a leading provider of variant-manufacturing focused ERP solutions for SME customers in the DACH region headquartered in Kulmbach, Germany. The acquisition of VLEX further increases Aptean’s DACH footprint while also bolstering its ERP capabilities for the variant-manufacturing sector. For over 40 years, VLEX has provided mission-critical variant-manufacturing solutions designed to manage complex, diverse, and fast-moving challenges across the SME manufacturing sector in the DACH region. With deep industry expertise, VLEX’s talented team aligns with Aptean’s strategic focus on the SME manufacturing industry in the DACH region, further strengthening commitment to innovation and excellence. “VLEX has a proven track record with over four decades of experience delivering mission-critical variant-manufacturing solutions across the DACH market” said TVN Reddy, CEO of Aptean. “VLEX’s product VlexPlus delivers state of the art software solutions specifically designed to manage the

Cadence Design Systems, Inc.: WHO: John Wall, senior vice president and chief financial officer, Cadence Design Systems, Inc. (Nasdaq: CDNS). WHAT: Wall will participate in a fireside chat at the BofA Securities 2025 Global Technology Conference on Tuesday, June 3, 2025. WHEN: The talk will be available live by webcast at 10:00 a.m. PDT on Tuesday, June 3, 2025. The presentation will be archived on the Cadence website and will be available for replay for 180 days. WHERE: The webcast will be available online at cadence.com/cadence/investor_relations. To view the original press release, please click here. Search for Cadence Design Systems on CIMdata.com