Sandvik Invests in AI-Powered Manufacturing Software Provider
Sandvik has acquired a minority stake in the privately owned American software company Oqton, a leading provider of AI-powered manufacturing solutions that allows manufacturers to manage, optimize, and automate their manufacturing workflows.
“This investment is...
Kyocera Expanding Kokubu Campus
Kyocera plans to begin construction of a new R&D building located at the company’s Kokubu campus.
Kyocera Corporation plans to start construction of a new 22,902-square-meter research and development center in January 2021 at its Kokubu campus in...
Stratasys to acquire 3D printing start-up Origin in $100 million deal
Stratasys has announced an agreement to acquire 3D printing vendor Origin in a $100 million deal set to close in January 2021.
The merger is subject to various approvals and closing conditions, but will expand the industry leadership...
Corona leaving deep scars on the machine tool industry
Orders received by the German machine tool industry in the third quarter of 2020 were 29 % down on the same period last year.
Orders from within Germany fell by 26 %. 30 % fewer orders were received...
VBN Components and HTL sign strategic partnership
Swedish VBN Components AB is announcing the cooperation with HTL Co. Japan Ltd. as their distributor for VBN’s Vibenite materials.
VBN Components develops new metal alloys with extreme wear and heat resistance, produced with 3D...
