Jan
15
2025
Chantal Polsonetti — Company and Product News

TTTech Divests TTTech Auto to Focus on Autonomous Machinery

Vienna-based TTTech is a group of high-tech companies specializing in safe and secure digital solutions for the smart mobile machinery (TTControl), aerospace, industrial, energy, and automotive sectors (TTTech Auto).

Jan
10
2025
Chantal Polsonetti — Company and Product News

Siemens Highlights Industrial AI and Digital Twin Technology at CES 2025

At the recent CES event in the US (aka the Consumer Electronics Show), industrial automation, infrastructure, mobility, and healthcare provider Siemens showcased its vision for the future, when data, AI, and software-defined automation are expected to c

Jan
10
2025
Larry O'Brien — Acquisition or Partnership

ABB to Acquire Power Electronics Business of Gamesa Electric

  • Acquisition complements ABB’s renewable power conversion portfolio adding significant market reach.

  • By 2030, renewable energy sources are expected to account for almost half of global el