GE Reaches Agreement to Acquire a 75% Stake in Concept Laser October 28, 2016 GE (NYSE: GE), the world’s leading digital industrial company, has reached an agreement to acquire a 75% stake in Concept Laser GmbH for $599 million (€549 million). The agreement allows for GE to take full ownership in a number of years.
suitX MAX Exoskeleton Augments Wearer While Reducing Risk of Workplace Injury November 17, 2016 suitX, a California-based robotics company designing and manufacturing medical and industrial exoskeletons, announced today the official launch of MAX, a flexible exoskeleton that can be adapted to a variety of workplace tasks.
Disruption is Really Just an Informational Problem November 10, 2016 The average lifespan of a company on the S&P 500 has fallen to 20 years from more than 60 years in 1960. The power and influence of technology will increase as much in the next 18 months as it has in the last 30 years.
3D Systems Announces Departure of President and CEO October 29, 2015 3D Systems (NYSE:DDD) announced today that Avi Reichental has stepped down as President and Chief Executive Officer and as a Director of the Company, effective at the close of business on Wednesday, October 28, 2015, by mutual agreement with the Company’s Board of Directors.
Masters of Manufacturing: Herbert B. Voelcker July 1, 2009 A self-described “river rat” during his teenage years, Herbert B. Voelcker grew up in the small town of Tonawanda, NY, just north of Buffalo, where as a young man he grew to love the water, boats, and steam engines. His early fascination with how things worked eventually led him to study mechanical engineering at the Massachusetts Institute of Technology (Cambridge, MA), and to embark later on a greatly varied technical career highlighted by his research into the mathematical foundations for 3-D solid modeling.
What’s The Magic of The Industrial Internet of Things? June 28, 2016 The Industrial Internet of Things (IIoT) has elements of the fairy tale Jack and the Beanstalk.
PLM Paves the Way for Manufacturing Innovations October 5, 2016 PLM strategies move manufacturers ahead with improved simulations in the Digital Thread and the latest Industrial Internet of Things (IIoT) applications
New Machine Analytics Software Offers Digital Twin Modeling of the Factory Floor November 30, 2016 Our focus has always been on helping manufacturers improve quality, productivity and visibility. In Sight Machine 2.0, among other things, we’ve added a set of enhancements to improve visibility.
Faurecia Goes All In on Industry 4.0 October 18, 2016 Automotive supplier Faurecia (Nanterre, France) decided it needed to get serious about Industry 4.0 fast.
A 4-part plan to help prepare for an eventual cyber breach December 19, 2016 In a recent LNS Research study on the Industrial Internet of Things (IIoT) and Digital Transformation, the top two challenges facing the adoption of IIoT technology are finding the budget to invest (32% of respondents) and building the business case (30% of respondents).