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L&T Technology Services, a global leader in AI, Digital & ER&D Consulting Services signed a strategic agreement with Europe-based Assai Software Services, a leading Engineering Document Management Systems (EDMS) and Digital Twin solutions provider to develop advanced technology solutions and cater to the massive energy & utilities sector in Europe. The partnership in LTTS’ Sustainability segment will combine its engineering and delivery capabilities with Assai’s software expertise to address the growing complexity of asset-intensive projects for global energy leaders. By enabling seamless integration with Digital Twin technology, the alliance will deliver real-time asset visualization, traceability and governed engineering information across project lifecycles. LTTS has also established a dedicated Centre of Excellence (CoE) leveraging Assai’s platform to support large-scale client programs. The companies will also jointly engage clients across industries such as energy, process and infrastructure, where reliable engineering data is critical to both project execution and ongoing operations. Alind Saxena, President & Executive

Cadence announced that Aeva, a leader in next-generation sensing and perception systems, has licensed Cadence® Tensilica® Vision DSP IP to accelerate signal processing in its 4D LiDAR systems—enabling flexible and scalable solutions for industrial robotics and automotive applications. This design win marks a significant step in delivering high-performance, low-power lidar systems optimized for real-time perception and autonomy. Lidar technology enables precise 3D mapping and object detection in robotics, autonomous vehicles, industrial automation and other physical AI applications at the edge. Its ability to deliver high-resolution depth information makes it indispensable for safety and navigation. Aeva’s 4D LiDAR technology goes a step further by detecting velocity and position simultaneously, empowering autonomous devices to make safer, more intelligent decisions. Cadence Tensilica Vision DSPs deliver a unique combination of programmability and performance, enabling Aeva to add flexibility, scalability and customizations to the lidar processing pipeline. Their inherent low-power architecture and customizable Tensilica Instruction Extension (TIE) language make Tensilica DSPs

Rocket Software, Inc., a global technology leader in modernization software, announced the completion of its acquisition of Vertica®, an enterprise-grade analytics database platform, from OpenText. The acquisition advances Rocket’s strategy to bring intelligence to modernization by combining trusted core systems with high-performance analytics and AI to help enterprises unlock the full potential of their data. The acquisition brings more than 600 global customers and 170 employees to Rocket’s global organization.  “For more than 35 years, Rocket Software has been the modernization partner of choice for global Fortune 500 companies,” said Milan Shetti, president and CEO of Rocket Software. “With Vertica, Rocket is advancing the next phase of modernization by enabling customers to unlock the power of their enterprise data. Together, we can deliver a truly end-to-end modernization experience from mission-critical systems to advanced analytics and AI while maintaining stability, performance, and trust.” “Rocket Software’s continued investments in data, AI, and analytics show a deep understanding of how modernization is evolving,” said Devin Pratt, Research Director, Data Management, IDC. “Vertica strengthens Rocket’s ability to support enterprises working to modernize their core systems, repatriate analytics workloads,

Open Text™ Corporation, a global leader in data management for enterprise AI, announced the completion of its divestiture of Vertica to Rocket Software Inc., a Bain Capital portfolio company, for US$150 million in cash before taxes, fees, and other adjustments.  "This transaction is consistent with our non-core divestiture strategy and our disciplined approach to capital allocation. The divestiture of Vertica demonstrates that commitment in action, allowing us to concentrate investment in our core businesses,” Ayman Antoun, Chief Executive Officer, OpenText. “That is how we optimize to grow and deliver sustained value creation for our clients, partners, and shareholders."  OpenText intends to use the net proceeds from the divestiture to reduce outstanding debt. Under the terms of the agreement, the software, client contracts, and associated services and employees will be transferred to Rocket Software.   To view the original press release, please click here. Search for Open Text on CIMdata.com

This annual educational webinar will focus on the PLM market results for 2025. ANN ARBOR, Michigan, USA, 12 May 2026—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, is excited to announce an upcoming free educational webinar, “2026 PLM Market Update.” The webinar will take place on Thursday, 11 June 2026, at 11:00 a.m. (EDT). This hour-long session will provide an early look at 2025 PLM market performance and deliver CIMdata’s highly anticipated five-year forecast through 2030. The PLM Economy, CIMdata’s term for the global ecosystem of software and services providers that assist industrial companies in achieving their PLM objectives, has grown strongly over the past decade. This webinar will focus on the results for the calendar year 2025 and offer insights into CIMdata’s forecast for 2026 through 2030. More than a data summary, this webinar is a strategic briefing that is designed to help PLM leaders: Understand how CIMdata’s PLM

The event known as “DICE” is organized by the Idaho National Laboratory. ANN ARBOR, Michigan, USA 11 May 2026—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces that Alan Mendel, CIMdata’s Chief Strategy & Operations Officer, will be featured as a speaker at the upcoming DICE event. The event will take place in Salt Lake City, Utah, from May 12 to 13. The presentation, AI in Industry: What Survey Data Reveals About AI Adoption Across Product Development and Engineering, will share exclusive data from CIMdata's global AI in PLM study. It will show how organizations are currently driving AI adoption across product development and engineering, revealing key strategic elements, including where companies are identifying the most promising opportunities, how they are structuring their initiatives, what early performance results they are capturing, and the critical obstacles slowing progress. Key data points to be shared include common use cases gaining

We’re pleased to announce the release of CAD VCL Multiplatform 16.2.5, a new minor update to our CAD library for Delphi and C++Builder applications. What's new in CAD VCL Multiplatform 16.2.5: Added compatibility with RAD Studio 13.1 Florence. Improved import of DWG, DXF, SVG, STEP, and SAT formats. Bug fixes and performance improvements. To view the original press release, please click here. Search for CadSoftTools on CIMdata.com

Atos, a global leader in AI-powered digital transformation, announced the extension and expansion of its long-standing strategic partnership with CNA, one of the largest U.S. commercial property and casualty insurance companies, through a new multi-year infrastructure and cybersecurity services agreement with an expected total value of up to approximately $500 million over the duration of the core agreement, inclusive of potential future extensions and additional services. The agreement marks a significant milestone in the relationship between CNA and Atos, reinforcing nearly a decade of collaboration built on trust, service excellence, and a shared commitment to operational resilience and innovation. Under the new agreement, Atos will continue delivering critical infrastructure services across CNA’s enterprise environment, including mainframe services, network and middleware operations, digital workplace support, service desk, identity and access management, major incident management, and cybersecurity services. This renewal reflects CNA’s continued confidence in Atos as a trusted strategic partner supporting mission-critical operations across

Rockwell Automation, Inc. SVP and CFO, Christian Rothe; SVP, Lifecycle Services, Matt Fordenwalt; and VP, Investor Relations and Market Strategy, Aijana Zellner, will present at the Wolfe Research 19th Annual Global Transportation and Industrials Conference on Wednesday, May 20, 2026, in New York. The fireside chat will be webcast beginning at approximately 8:40 a.m. EDT and will be available on the Rockwell Automation Investor Relations website at www.rockwellautomation.com/en-us/investors.html. To view the original press release, please click here. Search for Rockwell Automation on CIMdata.com

Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, and UKG, a leading global AI platform unifying HR, pay, and workforce management, announced a partnership to help global enterprises particularly small and mid-market organizations in North America across sectors such as IT, retail, manufacturing, and services to boost productivity, efficiency, and workforce agility. Through the partnership, Tech Mahindra will deploy the UKG Workforce Operating Platform for its employees and expand its UKG services practice. Tech Mahindra will implement, integrate, and support the platform for these global enterprises, focusing on the rising demand for AI-driven workforce solutions. With deep expertise in digital business transformation and enterprise technology services, and a presence across 90+ countries, Tech Mahindra will further strengthen its UKG services capabilities to deliver end-to-end solutions that measurably accelerate workforce efficiency and transformation initiatives. Built on the world’s largest collection of workforce data and powered by