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DoD Set to Award $10 Million to DMDII

The U.S. Department of Defense (DoD) is set to award $10 million in funding this year to the Digital Manufacturing and Design Innovation Institute (DMDII) here, UI Labs CEO Caralynn Nowinski Collens, said this morning. UI Labs is DMDII’s parent organization.

Fueled by Defense Funding, DMDII to Become MxD

The Digital Manufacturing and Design Innovation Institute (DMDII) will be renamed MxD and will stand as an independent organization from UI LABS, now that it has achieved strong momentum and robust fiscal health, the organization said today.

Dassault Systèmes Acquires IQMS for $425M

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

Machine tool orders for August through October reached the highest level in more than 20 years, the Association for Manufacturing Technology said today.

Optimization Module Tackles Tough Materials

Most anyone who’s worked in a machine shop for any length of time has at some point attended a trade show or machine tool distributor’s open house. There they see canned demonstrations of CNC machines busily carving up chunks of brass, mild steel, or aluminum into business card holders and tic-tac-toe games.

Dassault Systèmes Tackles Tech Adoption Problems

Today’s virtual technology enables faster and better product development. Planes, trains and automobiles are defined in CAD, subjected to virtual tests to see how they might fail, re-designed, virtually manufactured and virtually shown to customers to confirm market acceptance.