Siemens has acquired a majority stake (85 percent) in Materials Solutions Ltd., one of the world leaders in Additive Manufacturing (AM) processing and production. The remaining 15 percent is being held by Carl Brancher, the founder of the company.
Nidec Corporation announced that it entered into an asset and stock purchase agreement with Emerson Electric Co. on August 2, 2016, to acquire the motors, drives and electric power generation businesses of Emerson.
Yokogawa Electric Corporation announces that it has invested in FogHorn Systems, Inc., a Silicon Valley startup that is a leading developer of fog computing technology.
L&T Infotech, a global information technology services & solutions company, announced a strategic partnership with GE Digital combining LTI's diverse industrial capabilities with GE's Predix cloud-based operating system for the Industrial Internet.
Weatherford International plc announced that it has signed a Joint Initiative Agreement (JIA) with IBM to collaborate on the development of new products and services for oil and gas producers that leverage IBM advanced analytics and Internet of Things (IoT) capab
General Electric Co. said it would partner with Huawei Technologies Co Ltd to develop smart machines designed to boost productivity, part of a drive to promote its "industrial internet" business in China.
IBM and AT&T announced they are working together to help businesses accelerate their Internet of Things (IoT) initiatives.
VDMA Machine Vision and the OPC Foundation signed a Memorandum of Understanding on the preparation of an OPC UA Machine Vision Companion Specification. This was announced at the AUTOMATICA trade fair. The resolution was preceded by an internation
GE and Microsoft Corp. announced a partnership that will make GE's Predix platform for the Industrial Internet available on the Microsoft Azure cloud for industrial businesses.
Emerson and StepChange Global have combined their technology and consulting expertise to help producers increase production and cut operational costs by developing, implementing, and evolving best practices with Integrated Operations (iOps) and Digital Oilfield.