CIMdata Blog

3D Systems announced the successful completion of the sale of its Geomagic® software portfolio to the Manufacturing Intelligence Division of Hexagon, a global leader in digital reality solutions, for $123 million before working capital adjustments and following the satisfaction of customary regulatory approvals and closing conditions. As part of its strategic focus, 3D Systems will now concentrate on advancing its core additive manufacturing software platforms, including 3D Sprint® and 3DXpert®, as well as the Oqton Industrial Manufacturing OS. The Company intends to continue expanding the capabilities of these solutions by leveraging artificial intelligence and automation to enable accelerated adoption of 3D printing technologies in high-volume, production environments. "Hexagon is well-positioned to take the Geomagic portfolio to new heights, ensuring continued innovation and value for its users,” said Dr. Jeffrey Graves, president & CEO of 3D Systems. “We are grateful for the contributions of our Geomagic team members and confident they will thrive in this next

CGI, one of the largest independent IT and business consulting services firms in the world, announced the signature of an exclusivity agreement to acquire Apside, a France-based leading digital and engineering services firm. The agreement was signed with Apside’s main shareholders, Siparex and investments companies of Crédit Agricole Group. Operating for almost 50 years, Apside is recognized for its deep industry knowledge in manufacturing, financial services, insurance and mutual health insurance services and public sector, as well as its broad technology expertise in areas such as data, AI, cloud and cybersecurity. The exclusivity agreement was signed on March 28, 2025. The proposed transaction is subject to regulatory approvals and other customary closing conditions, as well as the prior information and consultation of the relevant employee representative bodies. Subject to receiving all required regulatory approvals and completion of the consultation procedures, the proposed transaction is expected to close in June 2025. With a significant

Accenture is working with Schaeffler AG to reinvent industrial automation with physical AI and robotics. At Hannover Messe 2025, the companies show how to optimize various work scenarios, from human-centric to human/robot collaboration and full automation, with the latest simulation, AI and data technologies from NVIDIA and Microsoft. These scenarios include industrial automation systems, autonomous mobile robots (AMRs), Schaeffler’s mobile manipulator cobot EMMA, and general-purpose humanoid robots such as Agility Robotics’ Digit and Sanctuary AI’s Phoenix. “As a leading motion technology company, Schaeffler leverages disruptive innovations such as physical AI, digital twins, and humanoid robots to enhance operational excellence across our global manufacturing network,” said Andreas Schick, Chief Operating Officer at Schaeffler AG. “In collaboration with strong partners like Accenture, we constantly explore how disruptive technologies from NVIDIA and Microsoft can increase our flexibility and efficiency. This is how we want to jointly shape the production of the future.” “Physical AI is reinventing industrial

HCLTech, a leading global technology company, announced the launch of a subsidiary dedicated to serving state and local government, and education (SLED) organizations, as well as federal civilian and defense agencies in the United States. HCLTech Public Sector Solutions (PSS) will leverage the company’s 25+ years of industry expertise and integrated technology solutions to deliver impactful outcomes for the public sector and better serve its constituents. This launch underscores HCLTech's continued growth in the public sector following the establishment of the Strategic Segments business under Arjun Sethi's leadership as Chief Growth Officer for Strategic Segments since November. "A sharper focus through a dedicated subsidiary will enable us to deliver our AI and digital transformation expertise across all public sector segments," said C Vijayakumar, CEO & Managing Director of HCLTech. "By combining our comprehensive AI suite, deep subject matter expertise, industry-leading talent and dedicated leadership, we are better positioned to partner with government agencies and

Honeywell announced that its Board of Directors has elected Stephen Williamson, 58, current Senior Vice President and Chief Financial Officer of Thermo Fisher Scientific Inc., to its Board of Directors as an independent Director and Audit Committee member, effective April 1, 2025.  Williamson was named Senior Vice President and Chief Financial Officer of Thermo Fisher Scientific in August 2015 and is responsible for the company's finance, tax, M&A, treasury and global business services functions. After joining Thermo Fisher Scientific in July 2001, he held a variety of finance leadership roles including Vice President of Financial Operations, leading the finance support function company-wide, and Vice President, European Financial Operations, overseeing integration activities across Europe.  Prior to working at Thermo Fisher Scientific, Williamson held various finance positions at Honeywell, including Vice President and Chief Financial Officer, Asia Pacific and other corporate development and operational finance roles. Williamson began his career with Price Waterhouse in the transaction support group and the audit practice. "We are delighted to welcome Stephen

Informatica, an AI-powered enterprise cloud data management leader, announced the appointment of Krish Vitaldevara asExecutive Vice President and Chief Product Officer. Bringing extensive experience from Microsoft, Google and most recently, NetApp, Vitaldevara will also join Informatica’s Executive Committee. Vitaldevara is the ideal leader to propel Informatica into its next phase of innovation and growth. At NetApp, he made significant strides as the Senior Vice President and General Manager, leading a formidable team of over 2,000 professionals in product management, design and engineering. Under his leadership, the team successfully formulated and executed an AI strategy that modernized NetApp’s product portfolio, enhancing solutions for Fortune 500 companies and advancing sophisticated on-prem and hybrid cloud solutions. A recognized innovator, Vitaldevara holds over 30 patents, underscoring his commitment to advancing technology, innovation and driving industry evolution. “I’m thrilled to have Krish join the team to help bring our vision for the future of AI-powered data management to

Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), announce the official opening of its new North American headquarters in the heart of Atlanta. Located at 619 Ponce in Jamestown's Ponce City Market, the new office marks a significant milestone in the company’s long-term investment in the region, reflecting its commitment to innovation, job creation, and community engagement. Spanning 58,000 square feet across two levels, the new workspace has been thoughtfully designed to foster creativity, flexibility, and sustainability. More than just an office, it serves as a hub for Sage colleagues, customers, and partners to collaborate, innovate, and drive business success. A Hub for AI Innovation and Business Growth The U.S. is the largest market for Sage, accounting for nearly 40% of the company’s global revenue. As Sage continues to expand its presence and drive innovation, Atlanta plays a crucial role in this growth strategy.

Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, and CrateDB, a data management company, announced a strategic partnership at Hannover Messe 2025, the world’s premier trade fair for industrial technology. The partnership will revolutionize the automotive, manufacturing, and smart factory sectors by delivering advanced agentic AI solutions that leverage real-time data analytics, enabling businesses to drive innovation and efficiency at scale. The partnership will combine Tech Mahindra’s deep industry expertise and digital transformation capabilities with CrateDB’s high-performance database technology to unlock the full value of data for industrial customers. Leveraging CrateDB’s open-source, multi-model, distributed database, Tech Mahindra will provide enterprises with advanced capabilities to optimize supply chains, improve predictive maintenance models, and ensure higher quality control standards across their operation centers. Further, the solutions will analyze and integrate time-series data from industrial IoT (IIoT) sensors into a cloud-based environment, enabling businesses to utilize structured data for faster and

Honeywell will issue its first quarter financial results before the opening of the Nasdaq Stock Market on Tuesday, April 29. The company will also hold a conference call at 8:30 a.m. EDT. Presentation Materials / Webcast Details A real-time audio webcast of the presentation can be accessed at http://www.honeywell.com/investor, where related materials will be posted prior to the presentation and a replay of the webcast will be available for 30 days following the presentation. To view the original press release, please click here. Search for Honeywell on CIMdata.com

KORE Group Holdings, Inc. ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that on April 15, 2025, following the U.S. market closing it will release its financial results for the fourth quarter of 2024 and full year 2024. 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: April 15, 2024Time: 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: 13752519 To view the original press release, please click here. Search for KORE on CIMdata.com