Industry Summary Articles

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…

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…

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…

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.…

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…

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…

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,…

Simulations Plus, Inc., a global leader in model-informed and AI-accelerated drug development that advances biopharma innovation, announced the launch of a technical collaboration with NVIDIA focused on enabling GPU-accelerated simulation and AI-assisted workflows for computationally intensive modeling applications within the drug development lifecycle. The collaboration brings together Simulations Plus’ validated…

Siemens has entered into a strategic partnership with Xometry, the global, AI-native marketplace connecting buyers and suppliers of custom manufacturing. The partnership will allow Siemens to embed proprietary manufacturability, pricing, sourcing and lifecycle intelligence directly into the design digital thread, natively within Siemens Xcelerator. This partnership builds on Siemens’ broader…

Uniphore, the Business AI Company, and LTM, the Business Creativity partner to the world's largest enterprises, announced a strategic partnership focused on the joint development of industry- and domain-specific AI solutions that combine small language models (SLMs), AI agents, and deep domain expertise. As AI adoption matures, enterprises are shifting…