Dassault Systèmes Acquires IQMS for $425M December 11, 2018 Dassault Systèmes (Euronext Paris: #13065, DSY.PA) today announced that it has entered into a definitive agreement to acquire IQMS, a leading manufacturing ERP software company, for $425 million. With the acquisition of the California-based IQMS, Dassault Systèmes extends the 3DEXPERIENCE platform to small and midsized manufacturing companies seeking to digitally transform their business operations.
Machine Tool Orders Reach 20-Year High December 10, 2018 Machine tool orders for August through October reached the highest level in more than 20 years, the Association for Manufacturing Technology said today.
IMTS 2018 Metalcutting Highlights Showcase Digital Connections September 21, 2018 Metalcutting Exhibitors at IMTS 2018 did not disappoint, nor were they disappointed with results from the largest version of the biennial event in terms of number of exhibitors, attendees and, more important, attendee leads.
Humatics, Eckhart Demonstrate New AGV August 23, 2018 Humatics Corp. and Eckhart Inc. this week demonstrated a new factory automatic guided vehicle (AGV) capable of changing routes on the fly.
CNC Software Releases Mastercam 2019 June 27, 2018 CAD/CAM developer CNC Software Inc. (Tolland, CT) announced the release of Mastercam 2019, which was developed to streamline the manufacturing process from job setup to job completion.
Methods Machine Tools Announces Management Changes, Celebrates 60 Years June 27, 2018 Methods Machine Tools Inc. (Sudbury, MA) announced two key management appointments: President Jerry Rex was named president and chief executive officer, and Dale Hedberg was promoted to vice president of operations.
GF Machining Opens Aerospace and Energy Center of Competence March 16, 2018 GF Machining Solutions (GFMS) celebrated the grand opening of its new 21,000 ft² (1950 m²) Aerospace and Energy Center of Competence in Huntersville, NC (near Charlotte), with a flourish and local dignitaries.
US Cutting Tool Consumption Up 7.4% for First 2 Months of 2018 April 12, 2018 February US cutting tool consumption totaled $190.12 million according to the US Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Siemens Expanding Investments in US Digital Capabilities; Announces $175 Million R&D Ramp Up March 29, 2018 At the Digital Manufacturing and Design Innovation Institute (DMDII) in Chicago on March 27, Siemens demonstrated its approach to the “Fourth Industrial Revolution.” At its annual U.S. Innovation Day, Siemens demonstrated real-world applications of digital solutions that it says will reduce costs, increase speed, develop new business models, and improve quality of life.
Fives Acquires Konecranes Machine Tool Service Division USA January 16, 2018 Fives Machining Systems, Inc., a global machine tool and complete manufacturing solutions provider, has acquired Konecranes Machine Tool Service division.
