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Honeywell announced the appointment of Peter Lau as President and CEO of its Industrial Automation business, effective October 15, 2025.  A former President of Honeywell's Security, Fire and Electrical Products businesses, Lau is returning to succeed Lucian Boldea, who is departing the company at the end of the month to pursue another opportunity. Lau will be based in Charlotte, N.C., and will report to Vimal Kapur, Chairman and CEO of Honeywell. Lau most recently served as President and CEO of FARO Technologies and as a member of the company's Board of Directors, guiding a strategic transformation that ultimately led to its successful acquisition. Lau also strengthened the company's position as a leader in 3D measurement, imaging and realization technology by committing to operational excellence, delivering a set of customer-driven products and solutions to accelerate growth. In his prior role at Honeywell, Lau led three of the company's global businesses, which focused on global security and the detection and control

Honeywell announced the future Board of Directors for Solstice Advanced Materials ("Solstice"), a pure-play specialty materials company that will be created following its planned spin-off from Honeywell. Solstice will hold leading market positions in refrigerants, semiconductor materials, protective fibers, and healthcare packaging solutions. Dr. Rajeev Gautam, former President and CEO of Honeywell's Performance Materials and Technologies (PMT) business, will lead the 10-person Board as Independent Chair as previously announced. The Board will also include David Sewell, President and CEO of the Solstice Advanced Materials business, alongside prominent leaders with deep experience in the industrial, technology, chemicals, and materials sectors. "This is an exceptional and strategically diversified group of directors, who will bring cross-sector insight and proven leadership across the industries and technologies that will shape Solstice's future," said Vimal Kapur, Chairman and CEO of Honeywell. "With their guidance, Solstice will be well-positioned to drive growth and deepen customer relationships from day one." David Sewell added, "Solstice will enter this next chapter with

OpenText™, a global leader in information management, announced it is expanding its collaboration with HPE and joining the HPE Unleash AI partner program to accelerate enterprise AI adoption through HPE Private Cloud AI. This powerful collaboration brings pre-validated, secure, and scalable AI industry solutions to market faster than ever through the combined capabilities of OpenText™ Aviator AI solutions and HPE Private Cloud AI, a turnkey enterprise AI factory within the NVIDIA AI Computing by HPE portfolio co-developed with NVIDIA. “The Unleash AI program empowers innovative software partners like OpenText to simplify AI deployment and accelerate the impact of real-world AI outcomes,” said Robin Braun, Vice President of AI Business Development for Hybrid Cloud, HPE. “With OpenText, we’re delivering AI solutions that combine deep industry expertise with secure, scalable private AI infrastructure—helping organizations unlock the power of their data to transform how they work.” Delivering Business Value through AI Innovation This collaboration is a launchpad for clients seeking to

Tacton, a global leader in Configure, Price, Quote (CPQ) software and leading SaaS platform simplifying sales and configuration processes for manufacturers of complex products, announced that Klaus Andersen, currently serving as Chief Operating Officer, has been appointed Chief Executive Officer, effective August 21, 2025. He succeeds Bo Gyldenvang, who is stepping down after leading the company through a pivotal and successful period of transformation and growth. Bo will remain an advisor to the company’s board of directors and executive leadership team. Klaus brings with him more than two decades of executive leadership experience, with a distinguished track record of leadership and value creation. Prior to joining Tacton, Klaus served as CEO of several high-growth global technology companies, successfully leading multiple exits and delivering strong shareholder returns. His leadership has been defined by strategic clarity, customer-centricity, operational excellence, and building high-performance cultures. Klaus has a long-standing relationship with Tacton—he served as Tacton’s Chairman of the Board for

SDC Verifier, a leading provider of FEA simulation and structural verification software, is excited to announce the launch of its updated website. With a modern design, improved navigation, and enhanced interactivity, the new website reflects our commitment to making engineering resources more accessible and user-friendly. The redesigned website introduces a sleek, intuitive interface that puts usability at the forefront. Engineers and other professionals can now find information faster, access tools more easily, and enjoy a smoother browsing experience supported by visuals and engaging animated content. Key Improvements of the New Website Fresh Design & Improved User Experience: A clean layout and intuitive structure ensure a more seamless journey across the site. Enhanced Standards Search: SDC Verifier’s engineering standards library, which you can use to verify your structure, is now better categorized on the website, making it easier than ever to find the right standard for your verification process. Choosing Standards Based on Check Types: Now you can easily choose the type

Zuken is relocating the E3.series development team to a new, state-of-the-art facility in Neu-Ulm. Effective September 1, 2025, the new headquarters will be located at Meininger Allee 5, 89231 Neu-Ulm. Covering approximately 1,500 square meters, the new site offers a modern, comprehensively equipped work environment designed to foster innovation, cross-disciplinary collaboration, and close customer engagement. Located just over a mile from Ulm Central Station and well connected by public transport, the building combines advanced technical infrastructure with an open architectural layout. The new space includes flexible workstations, smart meeting rooms, and dedicated areas for customer training and interaction. Informal lounges and social zones are also integrated to encourage exchange and creative teamwork. With this relocation, Zuken reinforces its long-term commitment to the region and underlines the strategic importance of E3.series in developing complex electrical systems for highly innovative industrial sectors. Contact Details Zuken E3.series Development Center Meininger Allee 5 89231 Neu-Ulm, Germany Phone: +49 (0)

An affiliate of Peak Rock Capital ("Peak Rock"), a leading middle-market private investment firm, announced that it has completed the acquisition of Aegis Industrial Software ("Aegis," or the "Company"), a global provider of innovative manufacturing execution system ("MES") software for electronic components and discrete manufacturing across the aerospace & defense, medical device, consumer electronics, and diversified industrial end-markets. Aegis' innovative software suite, FactoryLogix, is an end-to-end, IIoT-based MES platform that bridges CAD design to the factory floor, creates work instructions, plans and controls production routes, and manages quality and materials, as well as KPI reporting and dashboarding. The Company serves over 2,200 factory sites across the globe and enables over 1,000 plants to achieve the benefits of digital transformation by bringing automation, intelligence, and connectivity to the factory floor. Preston Thomas, Managing Director of Peak Rock, said, "Aegis represents an exciting opportunity to invest in a well-established software platform with a track

October 1, 2025 11:00 AM (Eastern US) This webinar explores the latest developments in the AI-based design exploration technology captured in the OASIS.AI software to serve the needs of both software providers and end users. The term “optimization” has seen a sharp resurgence in engineering media since the rise of tools like ChatGPT. However, for many, it still carries baggage from the 1990s, when limited computing resources and a lack of understanding led to unrealistic expectations and inconsistent and sometimes doubtful results. Optimization remains a technically demanding domain, requiring the handling of diverse variable types, high-dimensional design spaces, complex constraints, and multi-objective scenarios. While numerous algorithms have been developed over the years to address these challenges, often tailored to specific use cases, their sheer variety has created confusion about which methods to use, slowing widespread adoption. In this presentation, EmpowerOps will discuss the latest advancements in its AI-based exploration engine, OASIS.AI, which extends traditional

For the first time at IAA MOBILITY, Schaeffler will present its expanded automotive product portfolio following the acquisition of Vitesco Technologies Trade fair appearance at the IAA Summit in Hall B3, Booth B40 under the motto “The Motion Technology Company” With innovative products in the fields of software, electronics, powertrain, chassis, and body, Schaeffler positions itself as a key partner in developing future mobility solutions The world is on the move, and the automotive industry is right at the center of it. Trends such as electrification, enhanced driving comfort, and software-based technologies are transforming the entire industry and creating a new environment for future mobility solutions. At IAA MOBILITY in Munich, taking place from September 8 to 12, Schaeffler will present itself under the motto “The Motion Technology Company” as an innovative and reliable partner in times of change. “Schaeffler is a global player. With around 250 locations in 55 countries, we ensure

Science Applications International Corp. is scheduled to issue its second quarter fiscal year 2026 results before market open on Thursday, September 4, 2025. SAIC executive management will discuss operational and financial results in a conference call beginning at 10:00 a.m. Eastern time, following the issuance of the company’s earnings press release.  The conference call will be webcast simultaneously to the public through a link on the Investors Relations section of the SAIC website. The company will only provide webcast access, “dial-in” access will not be available, and a supplemental presentation will be available to the public through links provided on the website.  After the call concludes, an on-demand audio replay of the webcast can be accessed on the SAIC Investors Relations website.  To view the original press release, please click here. Search for SAIC on CIMdata.com