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EMC Corporation today announced it has entered into a definitive agreement to acquire privately-held Virtustream. When the transaction closes, Virtustream will form EMC's new managed cloud services business. The acquisition represents a transformational element of EMC's strategy to help customers move all applications to cloud-based IT environments. With the addition of Virtustream, EMC completes the industry's most comprehensive hybrid cloud portfolio to support all applications, all workloads and all cloud models.   Virtustream CEO Rodney Rogers will report to Joe Tucci, EMC Chairman and CEO. "Virtustream is an exceptional company and this is a critical and transformative acquisition for EMC in one of the industry's fastest-growing and most important sectors," said Joe Tucci. "With Virtustream in place, EMC will be uniquely positioned as a single source for our customers' entire hybrid cloud infrastructure and services needs. We could not be more delighted that Virtustream will be joining the EMC Federation family. It's

CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free educational webinar, “Innovation in the Digital Age.” The webinar will take place on June 25, 2015 at 11:00 a.m. (EDT). Using a systemic innovation case study from Procter & Gamble, the webinar will describe use cases appropriate for PLM and Collaborative Innovation (CI). The webinar will also show how PLM and CI solution providers have an opportunity to connect and collaborate to expand their markets by developing a consistent terminology and communication around innovation and clarifying how their offerings complement each other and fit into the solution architecture of their clients. Dr. Suna Polat, CIMdata’s Director of Collaborative Innovation & Social Product Development Consulting Practice, will host the webinar. Dr. Polat has 25+ years of experience in technology development, product development, innovation management, implementation of strategic innovation capabilities—including modeling and simulation (M&S), open innovation, knowledge management—social

CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces that Edwards Lifesciences’ (Edwards), Vinu Gurukar will make a presentation at PLM Road Map™ for the High Tech Electronics (HTE) Community, which takes place on June 16th at the Biltmore Hotel & Suites in Santa Clara, California. Gurukar is the Senior Director of Enterprise PLM and the leader of Edwards’ global PLM program. The use and proliferation of PLM is most mature in the automotive and aerospace markets. Many people will find it fascinating to understand the commonalities, and the differences between, these industries and lifesciences in regards to PLM. Lifescience companies are very focused on compliance, stringent approval processes, and the omnipresent FDA. At the same time, they must prioritize time-to-market and agility in design and manufacturing. In his presentation, “Getting to the Heart of the Matter: How PLM is Enabling Edwards Lifesciences to Focus on Speed to

Free educational webinar, focused on how to make innovation a systemic capability within the organization, will take place on June 25, 2015 ANN ARBOR, Michigan, 26 May 2015—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free educational webinar, “Innovation in the Digital Age.” The webinar will take place on June 25, 2015 at 11:00 a.m. (EDT). Using a systemic innovation case study from Procter & Gamble, the webinar will describe use cases appropriate for PLM and Collaborative Innovation (CI). The webinar will also show how PLM and CI solution providers have an opportunity to connect and collaborate to expand their markets by developing a consistent terminology and communication around innovation and clarifying how their offerings complement each other and fit into the solution architecture of their clients. Dr. Suna Polat, CIMdata’s Director of Collaborative Innovation & Social Product Development Consulting Practice, will host the webinar. Dr. Polat

Arithmetica has significantly enhanced its Pointfuse automated point cloud processing software with simplified integration for Computer Aided Design (CAD) software.  The new release of Pointfuse Pro also automatically textures the generated 3D models by using RGB, Intensity or statistical derived values. Using the original RGB values from the point cloud the software can now automatically add real world context to the generated models. Other new functionality allows users to quickly and accurately generate 3D models and then easily produce 2D plans, elevations or sections for use in project documentation. The software also includes the ability to create scaled ortho images from the point cloud data that can be used to draw measure or take dimensions from. With an evaluation version available for free download from the company’s website from June the latest version of Pointfuse will be demonstrated at GEO Business 2015, the geospatial trade exhibition and conference, which takes place from

Altium Limited has released a new extension for their flagship PCB design tool, Altium Designer. MCAD Co-Designer: SOLIDWORKS® helps to facilitate collaboration between mechanical and electronic design teams with integrated design data, a managed change environment for design revisions, and lifecycle management for component creation, among other features. This extension is available now to purchase for all current and prospective Altium Designer customers. “ECAD/MCAD collaboration has always been a major pain point for designers that everyone has been trying alleviate,” said Peter Ricci, Head of PCB at Altium. “With the MCAD Co-Designer extension, we’ve done it, and we’ve done it better than anyone before us. This is a huge step forward in making Altium Designer the best tool for a collaborative design process, and not just another electrical design tool that can be swapped out for another.” Dated Design Trends  Current trends in product design are requiring a more tightly interwoven design process between electrical

3D Systems announced its role in a $1.3 million contract to design, build and test a cutting-edge aircraft heat exchanger to be manufactured using 3D printing. Led by Honeywell International, a world leader in heat exchanger production, this project will utilize 3DS' Direct Metal Printing (DMP) technology as well as the additive manufacturing and materials expertise of Penn State's Center for Innovative Materials Processing through Direct Digital Deposition (CIMP-3D). Such qualified use of additive manufacturing will not only revolutionize jet engine manufacturing, but it will also open the technology to a multibillion-dollar heat exchanger market. The project, set to commence in mid-2015, builds off another contract announced in February to enable wider adoption of 3DS' metal technologies within aerospace companies. Administered by America Makes and funded by the Air Force Research Laboratory (AFRL), this contract underscores 3DS' technological leadership and proven defense/aerospace manufacturing track record. "Additive manufacturing offers design freedoms that are simply not possible

Daimler has completed a groupwide transition to Siemens NX CAD software, which replaced Dassault Systemes’ Catia V5 software across all of the company’s divisions. The German car and truck maker said the move, which involved training more than 6,200 users on the new software, was made to improve efficiency and sustainability. Daimler said in a press statement that the transition, which was first announced in 2010, also resulted from a desire to achieve full integration between the group’s product data management, which already used Siemens PLM Teamcenter products, and CAD software systems. “The introduction of the new design and product data software not only means that we are well prepared for the future,” Daimler CIO Michael Gorriz said in a statement. “We have also taken the opportunity to bring our engineering processes in line with the highest standards in the automotive industry.” Gorriz said relevant suppliers to Daimler already are using Siemens NX or have adopted

HP today announced financial results for its fiscal 2015 second quarter ended April 30, 2015. Second quarter net revenue of $25.5 billion was down 7% from the prior-year period and down 2% on a constant currency basis. Second quarter GAAP diluted net earnings per share (EPS) was $0.55, down from $0.66 in the prior-year period and below its previously provided outlook of $0.57 to $0.61. Second quarter non-GAAP diluted net EPS was $0.87, down from $0.88 in the prior-year period and within its previously provided outlook of $0.84 to $0.88. Second quarter non-GAAP net earnings and non-GAAP diluted net EPS exclude after-tax costs of $585 million and $0.32 per diluted share, respectively, related to separation costs, restructuring charges, the amortization of intangible assets and acquisition-related charges. Separation update HP provided an update on its planned separation into two independent, Fortune 50 companies.  The separation remains on track and the company expects associated dis-synergies of

Theorem Solutions will be heading to Nashville, TN, for 2015’s PTC Live Global, which is running from 7th-10th June. With Live Global being the largest networking and education event for the PTC user community, it is the perfect opportunity for Theorem, as a PTC partner, to showcase our latest Creo and Creo View productivity enhancing solutions. If you drop by the Theorem booth (No.202), we will be demonstrating the latest version of our Publish3D suite of products for Creo users. Imagine being able to share any interactive 3D model with anyone in the world without the requirement for CAD viewing software.  Come and see for yourself how interactive 3D PDFs are revolutionising knowledge sharing and collaboration inside organisations and up and down the supply chain. We will also be showcasing the newest versions of our Creo to JT, NX or V5 translators. Theorem will also be available to offer expert advice on a range of data solutions including CAD and PLM Migration, Validation