Industry Summary Articles

Intercad Pty Ltd has acquired fellow 3D CAD specialist Solidtec Solutions. As part of the deal, Solidtec personnel will join Intercad to further increase the level of expertise at the company, which over the past three years has transitioned into a full-service mechanical computer-aided engineering solutions provider. “We will merge…

Tata Consultancy Services announced that it is setting up the world’s largest corporate learning and development center with a total capacity to train 15,000 professionals at one time and 50,000 professionals annually. The proposed TCS Learning Campus in Thiruvananthapuram will be located on a 97-acre property in the Technopark area of the…

ESI Group announces its support of this year's edition of NUMISHEET, a biennial conference and workshop dedicated to the numerical simulation of sheet metal forming processes. Silver sponsor of NUMISHEET 2014, which takes place January 6-10 in Melbourne, Australia, ESI will join the list of exhibitors, participate in a benchmark and deliver two…

Infosys announced that it has appointed Mr. B. G. Srinivas and Mr. U. B. Pravin Rao as Presidents of the Company, reporting to Mr. S. D. Shibulal, Chief Executive Officer & Managing Director. These appointments are effective immediately. The business portfolios will be realigned under the two Presidents as set…

ANSYS announced that it has completed the acquisition of Reaction Design, a developer of chemistry simulation software. The Company will provide further details regarding the transaction and its impact on the 2014 financial outlook at the time of its 2013 year-end earnings announcement. Headquartered in San Diego, Reaction Design has…

Infor today announced that it will host an investor conference call to discuss Q2 fiscal year 2014 results for current holders of Infor securities and other interested parties on Friday, January 10, at 11 a.m. Eastern time. Materials and dial-in details will be available at www.infor.com/company/investor-information/ after 8 a.m. Eastern time Friday,…

ZWCAD Design announced on that its free-of-charge CAD application, ZWCAD Touch, is now available for the Android platform. This new release has proven to have industry-leading processing speeds through strict tests. Together with its iOS version, ZWCAD Touch now can fully satisfy even more CAD users for a variety of…

Bricsys recently announced V14 of the successful BricsCAD software platform at their International Conference in Darmstadt, and now supports sheet metal unfolding in the BricsCAD Platinum edition. Development has already commenced on one-click ‘Export to JETCAM’, providing the JETCAM Expert nesting system with all the information required to automatically tool…

WHO: Geoff Ribar, senior vice president and chief financial officer, Cadence Design Systems, Inc. WHAT: Geoff Ribar will speak at the Needham Growth Conference at The New York Palace hotel in New York.  Ribar will provide an overview of the company and participate in a question and answer session with analysts…

3D Systems announced that it completed the acquisition of Xerox’s solid ink engineering and development teams and state of the art development labs and relevant patent portfolio for $32.5 million in cash. The company expects the acquisition of these highly specialized printer design and material science teams together with their labs…