International lighting company Signify recently announced that it has entered into a definitive agreement with Eaton to acquire Cooper Lighting Solutions for $1,4-billion in cash. Closing is subject to regulatory approval and other customary conditions, and is expected to take place in the first quarter of 2020. Cooper Lighting Solutions, headquartered in Peachtree City, United […]
The Van Leeuwen Pipe and Tube Group has entered into an agreement to acquire Benteler Distribution, a division of Benteler International with an annual turnover of about €750-million. This acquisition will provide Van Leeuwen access to additional key markets in Europe, and will contribute to improving its position as a leading distributor of pipe and […]
Cummins recently announced that it has closed on the previously announced acquisition of fuel cell and hydrogen production technologies provider Hydrogenics Corporation. Hydrogenics is one the world’s premier fuel cell and hydrogen production technologies providers, and its expertise and innovative approach will strengthen Cummins’ fuel cell capabilities. Cummins began developing its fuel-cell capabilities more than […]
Salesforce, a CRM software provider, has completed its acquisition of Tableau Software, bringing together its CRM with the analytics platform. The acquisition will enable its clients to understand not only their customers, but delivering powerful AI-driven insights across all types of data and use cases for people of every skill level. Tableau will make Salesforce […]
Inpixon, an indoor positioning and data analytics company, has acquired Jibestream, a provider of indoor mapping and location technology. Jibestream has been a leader in experiential wayfinding software and mapping technologies. Its full-featured geospatial platform integrated business data with high-fidelity indoor maps to create smart indoor spaces where are deployed in hundreds of buildings globally. […]
First Cut is developing a new profile in the Lowveld, at Mbombela (Nelspruit), buildingh on an existing company, Bremsaw, a local saw doctor business. First Cut took over the business in August 2018 and appointed former Nico Nel as the key salesperson. Bremsaw is a relatively small company with some ten people but it does […]
Condition monitoring company WearCheck has bought Anglo Field Services (AFS). This adds three new divisions to the company’s reliability solutions portfolio, including non-destructive testing (NDT), technical compliance (TC) and rope condition assessment (RCA). The fourth AFS division – asset maintenance management (AMM) – has been absorbed into WearCheck’s existing Reliability Solutions team, adding technical expertise […]
Maschinenfabrik Reinhausen (MR) has increased its 70% stake in Cedaspe, a company based in Giuliano Milanese (near Milano) in Italy, to 100% with effect from January this year. Moreover, the company has also acquired the company ETI Elettrindustria (ETI), whicjh is based in Cormano (also near Milano) in Italy, retroactively with effect from 1 January […]
Siemens Digital Industries Software announced recently that it has signed an agreement to acquire assets of ESTEQ, a distributor of product lifecycle management, product design and simulation, and manufacturing operations software and services. ESTEQ is headquartered in Pretoria, South Africa, and has locations across the region serving the aerospace and defence, transportation, consumer products, energy, […]
Hexagon completed its previously announced acquisition of Thermopylae Sciences and Technology. Thermopylae is a Virginia, USA-based software provider serving both the US government and private sector markets with geospatial applications, mobile frameworks and cloud computing for enhanced location intelligence. Collectively, Thermopylae’s technologies, coupled with Hexagon’s other geospatial offerings, provide location intelligence solutions to solve critical, […]
