Industry Summary Articles

Schaeffler AG (“Schaeffler”) entered into a Business Combination Agreement (“BCA”) with Vitesco Technologies Group AG (“Vitesco”) to jointly create a leading Motion Technology Company. Under the BCA, Vitesco will constructively support the overall transaction including the ongoing public tender offer by Schaeffler and the subsequent merger of Vitesco with Schaeffler.…

CMU and Ansys deepen their longstanding partnership, appointing Professor Rebecca Taylor to the inaugural Ansys Career Development Chair in Engineering. The title recognizes engineering faculty at CMU who conduct education and research in fields related to Ansys or integrate Ansys solutions into research projects and curricula. Preparing students for manufacturing’s biggest challenges…

With the assembly of iconic construction technology brands such as SEMA Software ("SEMA"), Compass Software ("Compass"), WGsystem, and Hausmann & Wynen products Powerbird and Sitara, the fund advised by Bregal Unternehmerkapital (“BU”) has announced the formation of BuildTec Software Group ("BuildTec" or the "Company"), a leading European platform for innovative…

Cyncly, the leading global provider of software and content solutions that help make spaces amazing, announced the opening of its AI Innovation Center, an AI strategy and engineering resource that will develop and integrate AI solutions across a range of Cyncly products. The Innovation Center will add substantial technical expertise…

L&T Technology Services Limited (LTTS), a leading global pure-play engineering services company, has announced a collaboration with NVIDIA to develop software-defined architectures for medical devices focused on endoscopy, which will enhance the image quality and scalability of products. This innovative solution comes as an answer to the industry-wide challenges of…

Philippe is an experienced manager within the software engineering field. He joined Datakit several months ago and takes the position of CEO as of November 9th following the retirement of Bernard Mathieu, former CEO. He confirms Datakit’s position as a major leader in technical data exchange solutions. Since its creation…

AWS IoT SiteWise Edge is now available on the Siemens Industrial Edge Marketplace. From there, customers can deploy it on Siemens Industrial Edge for centralized app and device management and combine it with a variety of other apps and edge devices, from Siemens and other vendors, to configure an IoT solution…

Stratasys Ltd., a leader in polymer 3D printing and additive manufacturing solutions, announced it has partnered with Siemens Healthineers to carry out a landmark research project designed to develop new state-of-the-art solutions for the advancement of medical imaging phantoms for computed tomography (CT) imaging. A critical tool in medical imaging and an almost…

Wipro Limited, a leading technology services and consulting company, announced a collaboration with NVIDIA to help healthcare companies accelerate adoption of generative artificial intelligence (gen AI) through AI-driven strategies, products, and services. Wipro will leverage NVIDIA AI Enterprise software for the production of AI across its current portfolio of healthcare solutions in Affordable Care Act…

Ansys announced that Ajei Gopal, president and chief executive officer, will participate in a moderated discussion at the 49th Nasdaq Investor Conference, held in association with Morgan Stanley at the May Fair Hotel in London on Wednesday, December 6, 2023, at 8:30 a.m. ET or 1:30 p.m. GMT. A live audio webcast and…