News

KEMET Corporation, a global supplier of passive electronic components, announced today that, through its wholly owned subsidiary, KEMET Electronics Corporation (“KEC”), it has signed a definitive agreement and is targeting a closing date on or about April 10, 2017 to complete the acquisition of NEC TOKIN Corporation (“NEC TOKIN”) from NEC Corporation (“NEC”). Upon closing, NEC TOKIN will change its name to TOKIN Corporation and become a wholly-owned subsidiary of KEMET. To facilitate the acquisition, the Company also announced today that NEC TOKIN has entered into an agreement to sell its EMD division (Electromechanical Devices) to NTJ Holdings 1 Ltd., a special purpose entity that is owned by funds managed or operated by Japan Industrial Partners, Inc. for approximately JPY 48.2 billion or approximately $422 million, prior to adjustments for net debt at closing and subject to customary post-closing adjustments. The proceeds of this transaction, after fees and taxes, will be used

Symmetry Solutions, Inc. has been named the top SOLIDWORKS reseller in North America for the third time in nine years. The award, #1 in North America for Subscription Support Services, was presented to Symmetry Solutions at the SOLIDWORKS World 2017 conference held February 5-8 in Los Angeles, California. To receive the top award, Symmetry Solutions outperformed approximately 31 other SOLIDWORKS Resellers in North America who provide SOLIDWORKS Subscription Services. “We are thrilled to receive this award again – for the third time in only nine years!” explained Paul Rudin, President of Symmetry Solutions. “We work hard to ensure our customers are successful. This unwavering commitment to our customers’ training, technical support and guidance is why they continue to put their trust in us.” SOLIDWORKS presents the Top Reseller in North America for Subscription Service award yearly to honor companies who consistently demonstrate excellence in service. Subscription Service represents the areas where

Tech Mahindra, a leading system integrator for network infrastructure services, and Oracle Communications have partnered to deliver an end-to-end VoLTE-as-a-Managed-Service solution based on Oracle’s IMS Core and Signaling products. The joint solution offers operators the ability to achieve a faster time to market with new VoLTE services, increased voice quality and greater network efficiency while significantly reducing cost and complexity. Tech Mahindra’s VoLTE-as-a-Managed-Service solution, powered by Oracle Communications technology, simplifies the path to an all-IP network by offering a fully virtualized solution that runs on common off the shelf hardware rather than relying on proprietary networking equipment. The companies said a typical service provider with an LTE data network can expect to service its first Oracle-enabled VoLTE call within 3-6 months of deploying the solution, often at significant cost savings compared to traditional vendors and in-house solutions. “The need to drive increased network efficiency and coverage

ESI today announces the acquisition of Scilab Enterprises SAS, publisher of Scilab, widely regarded as the most compelling open source alternative to MATLAB®1, the commercial software for analytical numerical solutions. Scilab provides a world class powerful environment for engineering computation and scientific applications. Commenting on this acquisition, Vincent Chaillou, ESI Group’s COO, said: “This acquisition fits perfectly with ESI Group’s technology investment strategy. It is aligned with our objective to expand our user base to include all stakeholders involved in the industrial product creation process, starting from the earliest stages of analytical modeling. It paves the way towards the more elaborate 3D-4D numerical simulations of the full Virtual Prototyping and eventually of the all-encompassing “Immersive Virtual Engineering” transformative solutions of Industry 4.0.” Raphaël Auphan, CEO of Scilab Enterprises, said: “We are very enthusiastic about joining ESI, a numerical simulation and Virtual Prototyping global leader, to bring Scilab to a wider

Presentation will investigate how PLM can be seen as the under-pinning for the rapidly evolving enterprise strategy of digitalization. ANN ARBOR, Michigan, 27 February 2017—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces its President, Peter Bilello, will make a presentation at PI Congress Berlin entitled “PLM: The Foundation for Enterprise Digitalization.” PI Congress Berlin will take place at the Maritim Proarte, Berlin, Germany on 27-28 February. Mr. Bilello’s presentation will take place during the morning of day 2 of the conference, on 28 February. Digitalization is rapidly moving from a fuzzy concept to the newest data-driven derailment of the status quo as new sources of information speed up innovation throughout the product lifecycle. Digitalization is transforming products from physical goods and tangible services. In today's world of nearly total information digitalization, products and services are often bought and installed as much for the information they generate or

Sopheon today released the latest version of its Accolade® Enterprise Innovation Management (EIM) solution. Operating in a dynamic, fast-paced business environment, established market leaders are looking for ways to innovate at the pace of small companies, while leveraging the scale advantages of a larger organization. They are challenged to execute strategic plans for digital transformation, speed and business agility in the face of historically low rates of successful strategy execution. Research by the Economist shows that on average only 56% of strategic initiatives are considered successful. Dr. Steven Moskowitz, Senior Principal of Strategic Technology, Innovation Management at Entegris, Inc. stated: “Dynamic communication and dataflow through divisions, into business units and across operations teams is something Entegris views as vital to innovation. Increasing the visibility of plans and decisions is just one of the ways that Accolade is supporting our organization’s aspirations.” Supporting the long-term success and relevance of customers is the foundation of

ANSYS, Inc. today reported fourth quarter and FY 2016 revenue growth of 8% and 5%, respectively, in constant currency. Recurring revenue, which is comprised of lease license and annual maintenance revenue, totaled 71% of revenue for the fourth quarter and 74% for the year.  For the quarter, the Company reported 7% and 8% growth in diluted earnings per share on a GAAP and non-GAAP basis, respectively, and 8% and 6% GAAP and non-GAAP diluted earnings per share growth, respectively, for the full year.  The results for the fourth quarter and for the year include a charge of $4.7 million, or $0.03 per share, associated with an employment-related settlement.  This charge was not previously included in the outlook provided by management in its November 3, 2016 earnings press release. Ajei Gopal, ANSYS president & CEO, stated, “The demand for ANSYS' portfolio has never been stronger.  The merger of the physical and digital worlds is

CollabNet will feature its new enterprise DevOps platform, CollabNet DevOps Lifecycle Manager (DLM), at the Pink Elephant Conference (Pink17) in Las Vegas’ Bellagio Hotel, Feb. 19-22, at Booth #317. CollabNet DLM is significant for enterprise DevOps because it integrates software development with business objectives to help organizations create quality software at speed. CollabNet DLM represents the next generation of software development lifecycle management solutions because it brings to life the concept of intelligent DevOps in several ways. It gives users a holistic view of the entire software development lifecycle together with key performance indicator (KPI) reporting, so problems can be averted through early detection. It brings together disparate development processes, tools and teams along with IT operations and management, so everyone can collaborate and create better business outcomes. Pink17’s theme is “Communicate. Connect. Change.” The respected IT Service Management (ITSM) event will focus on how to lead

Melanie Mitchell, an expert in complex systems, will give the Friday keynote at COFES 2017: The Congress On the Future of Engineering Software. COFES 2017 is being held in Scottsdale, Arizona, April 6-9 at the Scottsdale Plaza Resort. This year at COFES 2017, attendees will take a deep dive into Complexity and Transformation. The growth of complexity is presenting businesses with new and difficult challenges — from the constantly changing business environment to conflicting requirements of more complex products that must be delivered more simply to the customer. New phenomena result from complexity, often requiring consideration of things that were not previously an issue. Rather than focus on how to design complex systems from scratch, COFES 2017 will challenge attendees to focus on interventions that can transform existing systems to mitigate the effects of complexity. In her keynote "An Introduction to Complexity" Mitchell will take participants on a tour of the

TPM, Inc., the Southeast’s leading 2D and 3D design technology provider, announces that they will be expanding their SOLIDWORKS territory into Virginia and West Virginia. TPM will not only act as a software reseller in these areas, but will also be available for training and support. SOLIDWORKS has been one of TPM’s top partners for more than 15 years and continues to be a business line where we see immense growth and opportunity. “With the success that TPM has seen in the Carolinas and Georgia alongside SOLIDWORKS, we are very excited to expand our services to customers in Virginia and West Virginia markets,” says Chris Fay, Vice President of TPM, Inc. In addition to their new presence in Virginia and West Virginia, TPM also offers SOLIDWORKS software and support in South Carolina, North Carolina, and Georgia. As they expand into VA and WV, they will also be driving deeper