Acquisition or Partnership

Emerson and AspenTech Form Alliance to Deliver Digital Technologies

Emerson and AspenTech announced they have teamed up to deliver asset optimization software solutions along with global automation digital technologies and operational consulting services.

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GE and Tata Group Join Forces for Best Manufacturing Practices to Manufacture Aero Engine Components

GE and Tata Group inaugurated a world class Structural Center of Excellence (COE) focused on aero engine components in Adibatla on the outskirts of Hyderabad, India.

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Eaton Establishes Power Management Cybersecurity Collaboration with UL

Power management company Eaton announced it is collaborating with global safety science organization UL to advance power management cybersecurity across industries. The collaboration is helping to establish measurable cybersecurity criteria for network-connected power management products and systems. In addition, Eaton’s cybersecurity research and testing facility in Pittsburgh is the first lab approved to participate in UL’s Data Acceptance Program for cybersecurity.

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AVEVA Acquires Rights to Shell’s Engineering Design and Productivity Software

AVEVA acquired the intellectual property rights to the engineering design database and design productivity software known as EDD and PDMSi, developed by Shell International Exploration and Production Inc.

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Red Hat Acquires CoreOS, Expanding its Kubernetes and Containers Position

Red Hat, Inc. announced that it has signed a definitive agreement to acquire CoreOS, Inc., a leader in Kubernetes and container-native solutions.

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The Industrial Internet Consortium and Plattform Industrie 4.0 Publish Architecture Alignment and Interoperability White Paper

The Industrial Internet Consortium (IIC) and Plattform Industrie 4.0 announced the publication of a joint whitepaper − Architecture Alignment and Interoperability.

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AspenTech Acquires Apex Optimisation, Inventors of Generic Dynamic Optimisation Technology (GDOT)

Aspen Technology, Inc. has acquired Apex Optimisation, a European company specializing in Dynamic Optimization and Advanced Process Control.

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Siemens and SAP Partner to Boost India’s Energy and Utility Sector

Siemens and SAP SE recently announced an extension of their global agreement in smart metering to jointly go-to-market in India and support the Government’s target of installing 130 million Smart Meters by 2021.

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Fanuc, Hitachi, and Preferred Networks to Establish a JV for the development of Intelligent Edge Systems

Fanuc Corporation, Hitachi, Ltd., and Preferred Networks, Inc. (PFN) announced that they have reached an agreement to establish a joint venture company, Intelligent Edge System, LLC, on April 2, 2018.

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Schneider Electric Partners with Cylance to Boost Protection Against Cybersecurity Threats

Schneider Electric, a global specialist in energy management and automation, announced a new partnership agreement with Cylance, the company that works in the antivirus and endpoint protection industry.

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