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Industry Summary Articles

Rockwell Automation, Inc. reported second quarter fiscal 2025 results. "Rockwell delivered another quarter of strong operating performance with sales, margins, and EPS all above our expectations. We saw a healthy intake of orders across most of our lines of business, with total company book-to-bill in-line with our historical average of…
Trimble Inc. announced financial results for the first quarter of 2025. First Quarter 2025 Financial Highlights Revenue of $840.6 million, down 12 percent on a year-over-year basis, up 2 percent on an organic basis Annualized recurring revenue ("ARR") was $2.18 billion, up 7 percent year-over-year, up 15 percent on an organic basis GAAP…
AMETEK, Inc. and FARO Technologies, Inc. announced that they have entered into a definitive agreement under which AMETEK will acquire all outstanding shares of FARO Technologies common stock for $44 per share in cash, which represents an approximate 40% premium to FARO's closing price on May 5, 2025. The transaction values FARO at an enterprise value of…
The HOMAG Group acquired the remaining 29.4 percent of the shares in Kallesoe Machinery A/S at the end of April 2025. HOMAG had already acquired 70.6 percent of the Danish system developer of solutions for the engineered wood industry in 2021. Kallesoe specializes in high-frequency presses for the production of…
Advanced Management Insight (AMI) announced that AMI and Oracle have completed the SuiteCloud Developer Network (SDN) agreement and are launching joint efforts to provide TrueProject to existing NetSuite SuiteProjects Pro customers and new prospective clients. The new Oracle partnering application, TrueProject, is now available for early adopter engagements with general availability of the integrated solution…
Flow Science, Inc. has announced its engagement of Road Ahead Technologies Consultant Vietnam Company Limited (RATC Vietnam) as its new associate for the sales and technical support of the FLOW-3D product family in Vietnam. RATC Vietnam is based in Hanoi. The leadership team includes General Manager Yuh Feng (Jimmy) Huang and Sales Director Aston…
KeyShot, the global leader in advanced 3D visualization for the product design industry, announced a change in leadership. Søren Abildgaard has been appointed as the new CEO, succeeding Claus Thorsgaard, who has chosen to pursue an exciting new opportunity outside the company. Under Claus Thorsgaard’s leadership, KeyShot has undergone a…
Trimble® announced Murphy Tractor & Equipment Co., Inc. as the newest Trimble Technology Outlet. Based in Park City, Kansas, Murphy Tractor is the first John Deere dealer to become an authorized Trimble civil construction reseller. As a Trimble Technology Outlet, Murphy Tractor will now sell Trimble machine control, site positioning systems and correction services technology directly to…
PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing and selling solutions, announced that its Board of Directors has named Jeff Cotten as President and CEO effective June 2, 2025. Following a search assisted by a nationally recognized executive search firm, Cotten succeeds Andres Reiner, who previously announced his intention to…
From 26–30 May 2025, woodworking and technology come together at LIGNA 2025 in Hannover – celebrating 50 years of innovation and progress at the industry’s leading trade fair. Our vision is clear: to enable efficient, intelligent and environmentally responsible production across the woodworking industry. At LIGNA 2025, we’re unveiling major innovations, including…
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