ABB is acquiring Advantics, a specialist provider of Silicon Carbide-based power conversion solutions based in France. The acquisition expands ABB's Direct Current (DC) portfolio and positions the company to serve…
"MaintainX is widely used by industrial organisations to manage maintenance activities, inspections, asset information and operational workflows. Integrating these capabilities with Autodesk's engineering and digital twin technologies could provide organisations…
Sandvik has signed an agreement to divest its business unit Additive Manufacturing to Mimir, a global investment firm based in Sweden. Additive Manufacturing, which is reported in business area Machining,…
Sulzer has signed a joint venture with Jawaby Services & Investments Ltd (JSIL), a wholly owned subsidiary of Libya’s National Oil Corporation (NOC), to provide rotating equipment services in Libya.…
Hexagon, headquartered in Stockholm, is a global leader in precision measurement, positioning, and autonomous solutions. It is buying Waygate Technologies, a global leader in advanced non-destructive testing for the inspection…
Sandvik has acquired 80% of the Canada-based K&Y Diamond, a leading manufacturer of monocrystalline diamond tools for ultra-precision applications, with a strong position in the optics segment. K&Y Diamond will…
Remote equipment monitoring software that enables predictive machinery maintenance is one key focus area that Datamine will provide to mining operations worldwide. Datamine, one of the world’s leading providers of…
SKF has signed an agreement to acquire G-Tech Instruments Inc., a leading specialist within condition monitoring and measuring instruments technology. The acquisition is a key step for SKF in leveraging…
Epiroc AB, a leading productivity and sustainability partner for the mining and infrastructure industries, has agreed to acquire the business of Eventspec Proprietary Limited, a South African mining aftermarket solutions…
LACO Technologies, Inc. (“LACO”) a company designing and manufacturing vacuum solutions and leak testing systems, will become part of Atlas Copco Group. LACO is based in Salt Lake City, Utah,…
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