Industry Summary Articles

Cadence Design Systems, Inc. will hold its second quarter 2024 financial results webcast on Monday, July 22, 2024. Participating in the webcast will be Dr. Anirudh Devgan, president and chief executive officer, and John Wall, senior vice president and chief financial officer. The webcast will begin Monday, July 22, 2024 at…

The merger of FRILO Software GmbH and DC-Software Doster & Christmann GmbH with the ALLPLAN Group has been legally completed since July 1, 2024. By joining forces, ALLPLAN is expanding its range of structural engineering solutions to include structural analysis and foundation engineering, thus creating an end-to-end workflow from conceptual design, structural analysis…

Dassault Systèmes and Bel Group, today announced their long-term partnership to accelerate the food industry’s transformation towards a more sustainable model. The companies will play a pivotal role in shaping the future of food by digitalizing the end-to-end value chain powered by artificial intelligence, from product idea to manufacturing and…

Campfire Interactive, Inc. (Campfire), provider of the leading solution for portfolio profitability management, has announced the utilization of its Program and Portfolio Management solutions with a key customer, Stoneridge, Inc., a global designer and manufacturer of highly engineering electrical and electronic vehicle systems.  Campfire solutions allow companies to make informed, confident…

Configit, the global leader in Configuration Lifecycle Management (CLM), announced that it has been selected by its first Canadian customer, Premier Tech, to improve the efficiency of packaged product manufacturing facilities. Premier Tech is a global company with 5,200 team members across 28 countries. With its world headquarters in Rivière-du-Loup, Québec, Canada,…

ENGYS is proud to announce its participation in the AI4TwinShip project, a cutting-edge initiative aimed at revolutionizing the design and optimization of ship hulls using advanced artificial intelligence (AI) techniques coupled to Computational Fluid Dynamics (CFD) and mesh morphing. The primary objective of AI4TwinShip is to develop and demonstrate a…

Centric Software® is pleased to announce that outdoor brand and retailer Trespass has chosen to implement Centric Planning™. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, price and sell products such as apparel, footwear, sporting goods, furniture, home décor, consumer electronics, cosmetics, food & beverage and…

FOG Software Group (“FOG”), a division of Constellation Software Inc. and a leading provider of vertical market software solutions, announces a key strategic merger between NedGraphics Software (“NedGraphics”) and Optitex Ltd. (“Optitex”) to drive innovation and accelerate business growth. The combined business unit aims to strengthen its position as a…

Nano Dimension Ltd. (“Nano Dimension” or “Nano”) and Desktop Metal, Inc. (“Desktop Metal”) jointly announced that they have entered into a definitive agreement under which Nano Dimension will acquire all outstanding shares of Desktop Metal in an all-cash transaction for $5.50 per share, subject to possible downward adjustments to $4.07…

Altair, a global leader in computational intelligence, is thrilled to welcome Aitek as a new channel partner. Within the partnership, Aitek will offer Altair’s leading data analytics and artificial intelligence (AI) solutions to its customers throughout the North, West, and Central African Regions.  “We are delighted to announce this strategic partnership to expand further…