Bombardier Transportation and the New United Group (NUG) have finalized their agreement to establish a new joint venture (JV) for signalling and rail control in China.
Yokogawa Electric Corporation announced a collaboration with Cisco Systems, Inc. to deliver Shell's SecurePlant initiative at Shell.
Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, announced that it has acquired France-based Acute3D, provider of Smart3DCapture software for reality modeling.
IBM and SUNY Polytechnic Institute (SUNY Poly) announced that more than 220 engineers and scientists who lead IBM's advanced chip research and development efforts at SUNY Poly's Albany Nanotech campus will become part of IBM Research, the technology industry's la
GE's Measurement & Control business and Meridium, Inc.
In September 2014, Siemens announced its plans to acquire Dresser-Rand, a Texas-based oilfield equipment and services provider, for $7.6 million (€5.8 billion). The deal will most likely be completed by the middle of 2015. With this acquisition, the company is making a clear sta
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Schneider Electric and Autodesk Inc. announced the signature of a Memorandum of Understanding.
Despite recently announcing layoffs of over 9,000 people as a result of declining oil prices, Schlumberger Limited appears to remain bullish on longer term outlook and is investing $1.7 billion in order to acquire almost 46% of Russia's largest drilling company, Eurasia Drilling Company Limited (
Bentley Systems, Incorporated, a leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, announced that it has acquired U.K.-based C3global, provider of web-based Amulet software for operational analytics.