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Siemens has signed an agreement to acquire Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive USD 113 per share, representing an enterprise value of approximately USD 10 billion. The…
Siemens has signed an agreement to acquire Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive USD 113 per share, representing an enterprise value of approximately USD 10 billion. The…
Chris Iveson, the CEO and co-founder of technology startup FourJaw Manufacturing Analytics, believes that today’s Chancellor’s Budget statement is a “mixed bag for manufacturers”, delivering cost increases while also promising new opportunities for manufacturers in a wide range of sectors. Chris…
Cyber attacks are costing some manufacturing businesses hundreds of thousands of pounds per year, new research by commercial insurer NFU Mutual has found, with the vast majority of those within the sector admitting to having fallen victim to this type…
~ British Motor Heritage Transforms Operations with SEIDOR and SAP Business One ~ British Motor Heritage (BMH) a manufacturer of classic car parts partnered with SEIDOR for ERP solutions, to help transform its business operations and maximum use from their…
Cutting tool specialist Sandvik Coromant proudly presents the CoroMill® MS20, a true 90-degree shoulder milling solution. Thoroughly designed for roughing to finishing in stainless steel and heat-resistant super alloys, it ensures uncompromised security, versatility and productivity. “CoroMill® MS20 is our new first-choice,…
We’ve all read about prominent manufacturers leveraging digital transformation to revolutionise operations and offer visibility over their entire organisation. But is this possible for the average SME manufacturer and if so, then how? It’s estimated that UK manufacturers spend an…
Geomiq, a pioneering force in digital manufacturing, has unveiled its latest breakthrough – AI-powered instant quoting for sheet metal fabrication. This advanced technology leverages artificial intelligence and machine learning to generate highly accurate, real-time quotes, significantly streamlining the process from…
ECI Software Solutions, a global provider of comprehensive cloud-based business management software solutions and services, today announced a new integration of its EvolutionX ®, its B2B ecommerce platform, with e-automate®, its cloud-based business management ERP software. This integration provides office…
CloudNC – a manufacturing technology company – today announces that its CAM Assist solution, which uses AI to generate machining strategies for 3 and 3+2 axis CNC machines, is now available for Siemens’ NX™ CAM users. The new software is available as an AI-enabled add-on for Siemens’ NX software for…
Manufacturing & Engineering Magazine, abbreviated to MEM, is a leading UK engineering magazine and manufacturing news source, covering a wide assortment of industry news sectors such as: contract manufacturing, 3D printing, structural and civil engineering, automotive manufacturing, aerospace engineering, marine engineering, rail engineering, industrial engineering, CAD, schematic designs and more!
© 2023 MEM Magazine | The Home of Manufacturing Industry News
© 2024 MEM Magazine | The Home of Manufacturing Industry News
