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Cisco Buying IoT Developer Jasper for $1.4B

By Patrick Waurzyniak Senior Editor


With its $1.4-billion move this week to purchase Internet of Things (IoT) software developer Jasper Technologies (Santa Clara, CA), networking giant Cisco (San Jose, CA) will add a major asset to its arsenal in the race to compete in the world of enterprise IoT software. Full Article

AMETEK Announces Two Acquisitions



BERWYN, PA, FEBRUARY 5, 2016 – AMETEK, Inc. (NYSE: AME) today announced that it has completed two acquisitions: Brookfield Engineering, the world’s leading manufacturer of viscometers and rheometers, and ESP/SurgeX, a leader in energy intelligence and power protection solutions.  
Full Article

US Manufacturers Add 29,000 Jobs in January

Senior Editor Bill Koenig


Makers of durable goods added 17,000 jobs, with non durable goods producers adding another 12,000. Full Article

US Manufacturing Economy Contracts Again in January

Senior Editor Bill Koenig


The US manufacturing economy contracted again in January on lower employment and inventories, according to a monthly report by the Institute for Supply Management. Full Article

ABB Introduces First Ever Line of SCARA Robots, Designed For Applications



AUBURN HILLS, Mich. (February 3, 2016) – ABB has introduced the IRB 910SC, its first ever line of SCARA (Selective Compliance Articulated Robot Arm) robots. The latest addition to the ABB small robot portfolio, the IRB 910SC has a maximum payload of 6 kg, and is available in reaches of 450 mm, 550 mm and 650 mm. Full Article

Sandvik Coromant Appoints Sean Holt as President, Americas

PRESS RELEASE-- Sandvik Coromant


Sandvik Coromant has announced Sean Holt as the new President of the Americas market area effective January 1, 2016. An experienced executive in the manufacturing industry, Mr. Holt was a key member of the Americas Management team as the Vice President of Engineering. Full Article

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