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Mitsubishi Electric to acquire US software company Iconics

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Mitsubishi Electric Corporation is to acquire the remaining shares of Iconics, Inc., a U.S. software company focused on SCADA, IoT, mobile, analytics and cloud software products for the manufacturing, industrial and building-automation markets.

The acquisition makes the company a 100% subsidiary within the Mitsubishi Electric Group.

Mitsubishi Electric aims to enhance its software product lineup to realise e-F@ctory, including edge-computing, by combining Iconics’ software-developing capabilities and Mitsubishi Electric’s factory-automation technology.

e-F@ctory is an integrated solution based on factory automation (FA) and information technologies to reduce the total cost of developing, producing and maintaining products.

[Read more…] about Mitsubishi Electric to acquire US software company Iconics

Hitachi to acquire robotic systems integrator JR Automation for $1.4 billion

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Hitachi has entered into a definitive contract for the acquisition of the robotic system integrator business mainly operated by an American headquartered company, JR Automation.

Hitachi will conduct the acquisition with Crestview Partners.

Subject to the terms and conditions of the contract, Hitachi will acquire JR Automation, which builds production lines and logistics systems using industrial robots. [Read more…] about Hitachi to acquire robotic systems integrator JR Automation for $1.4 billion

HMS Industrial Networks acquires Beck IPC

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HMS Industrial Networks has acquired all shares in the German company Beck IPC located in Wetzlar, Germany.

Beck is a provider of technology and solutions for embedded control and industrial M2M communication, including solutions for the Industrial Internet of Things, IIoT.

The base technology IPC Chip is the core of Beck IPC’s product offering for industrial original equipment manufacturers.  [Read more…] about HMS Industrial Networks acquires Beck IPC

BASF completes $9 billion acquisition of businesses and assets from Bayer

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BASF has completed the acquisition of numerous businesses and assets from Bayer in a deal worth almost $9 billion.

BASF says it has purchased “a range of businesses and assets from Bayer”, including crop protection systems, and some digital assets.

The deal also enables BASF to enter new markets such as seeds, non-selective herbicides, and nematicide seed treatments.  [Read more…] about BASF completes $9 billion acquisition of businesses and assets from Bayer

Magna to acquire Olsa for $280 million to expand automotive lighting business

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Components and systems supplier Magna us to acquire Olsa in order to expand its automotive lighting business.

The company says that automakers will soon have a familiar name to source lighting products “on a global scale” – Magna International.

Magna’s acquisition of Olsa will enable it to grow the company’s lighting capabilities and allow it to design, engineer and manufacture headlamps, tail lamps and other lighting products in every key region of the world.  [Read more…] about Magna to acquire Olsa for $280 million to expand automotive lighting business

Siemens acquires integrated circuit software developer Solido Design Automation to strengthen its digital offerings

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Siemens is strengthening its digitalization offerings – in particular, its product lifecycle management platform – through a new acquisition.

Siemens has reached an agreement to acquire Solido Design Automation, a provider of machine learning-based variation-aware design and characterization software.

Siemens says the purchase will strengthen the integrated circuit design and verification technologies it already offers through Mentor, a previous acquisition.  [Read more…] about Siemens acquires integrated circuit software developer Solido Design Automation to strengthen its digital offerings

Emerson to acquire Paradigm for $510 million

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Industrial automation company Emerson has reached a deal to acquire Paradigm, a provider of software solutions for the oil and gas industry. 

The purchase price is $510 million, which Emerson says reflects a multiple of 13 times expected 2017 EBITDA.

Emerson says it will combine Paradigm with its existing Roxar software business to provide an exploration and production software portfolio with offerings spanning seismic processing and interpretation to production modeling.  [Read more…] about Emerson to acquire Paradigm for $510 million

WTWH Media buys The Robot Report

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therobotreport homepage

Business-to-business publisher WTWH Media has bought The Robot Report for an undisclosed sum.

TheRobotReport.com was founded in 2008 by Frank Tobe, and is one of the leading websites in this growing sector of publishing.

The website covers robotics in a variety of business segments, including transportation, agriculture, manufacturing and even outer space.  It has an international perspective, covering many countries around the globe.  [Read more…] about WTWH Media buys The Robot Report