ARC India Blogs
Apr
09
2024
09
2024
Craig Resnick — Company and Product News
PTC Releases ServiceMax Core 24R1, the Latest Update to Its Field Service Management Offering
PTC just released its ServiceMax Core 24R1. The company's first Core release of 2024, as the latest update to its Field Service Management offering.
Apr
09
2024
09
2024
Chantal Polsonetti — Company and Product News
New Siemens Software Automatically Identifies Vulnerable Production Assets
To address the need to identify cybersecurity vulnerabilities on the shop floor as quickly as possible, Siemens has launched a new cybersecurity software-as-a-service, SINEC Security Guard that Automatically Identifies Vulnerable Production Assets
Apr
09
2024
09
2024
Craig Resnick — Acquisition or Partnership
Mitsubishi Electric to Transfer Distribution Transformer Business to Hitachi Industrial Equipment Systems
Mitsubishi Electric announced that they have agreed to transfer the distribution transformer business of Mitsubishi Electric’s Nagoya Works, which develops and manufactures factory automation (FA) equipment, to Hitachi Industrial Equipment Systems and integrate their businesses.
Apr
08
2024
08
2024
Sharada Prahladrao — Project Success Story
LTTS Revitalizes Operational Efficiency
A manufacturer of centrifugal compressors with multi-geography operations and global R&D facilities wanted to revitalize Operational Efficiency
Apr
08
2024
08
2024
Chantal Polsonetti — Acquisition or Partnership
US Government Announces Preliminary Terms for Up to $6.6 Billion in Proposed TSMC Investment
The U.S. Department of Commerce and TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TSMC), have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $6.6 billion in direct funding as TSMC Investment under the CHIPS and Science Act.
Apr
05
2024
05
2024
Larry O'Brien — Acquisition or Partnership
Nozomi Networks Extends Partnership with Yokogawa to Deliver OT and IoT Security Services Worldwide
Nozomi Networks announced it has extended its partnership with Yokogawa Electric Corporation to address global demand for managed security services and solutions designed to holistically satisfy the unique OT and IoT cybersecurity requirements of process manufacturers
Apr
05
2024
05
2024
Craig Resnick — Acquisition or Partnership
HMS Networks and Red Lion Controls Join Forces for a Stronger Offering within Industrial Information
HMS Networks has finalized the acquisition of Red Lion Controls from Spectris Group Holdings Limited. The two companies are now one entity and can start working together on common go-to-market strategies and Stronger Offering within Industrial Information
Apr
04
2024
04
2024
Colin Masson — Acquisition or Partnership
AVEVA and Databricks Forge Strategic Collaboration to Accelerate Industrial AI Outcomes
AVEVA and Databricks, the Data and AI company and inventor of the data lakehouse, have announced a strategic partnership aimed at reshaping the future of industrial software through an open, secure, and governed approach to Accelerate Industrial AI Outcomes
Apr
04
2024
04
2024
Rick Rys — Acquisition or Partnership
Acquisition of Western Services Corporation Announced by Curtis-Wright Corporation
Curtiss-Wright Corporation announced that it has completed the acquisition of Western Services Corporation (WSC), Inc., a provider of state-of-the-art simulation technology
Apr
04
2024
04
2024
Inderpreet Shoker — Acquisition or Partnership
Acquisition of Itus Digital Announced by Hexagon
Hexagon announced the acquisition of Itus Digital, a Roanoke, Virginia-based provider of asset performance management (APM) software.