Siemens has signed an agreement to acquire Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive USD 113 per share, representing an enterprise value of approximately USD 10 billion. The offer price represents a 19 percent premium to Altair's unaffected closing price on October 21, 2024, the last trading day prior to media reports regarding a possible transaction. With this acquisition Siemens strengthens its position as a leading technology company and its leadership in industrial software.

Wintriss Controls Group has added flexible and affordable purchase options for ShopFloorConnect OEE, Production Tracking, and Data Collection software, which allows users to quickly and easily leverage data from their machines. ShopFloorConnect is an on-premises software solution that provides timely, accurate, and unbiased data directly from the shop floor for making informed management decisions. Wintriss received a positive response when it debuted the new start-up purchase packages and options at Fabtech 2024. It will also be presenting the packages at Pack Expo 2024, Booth # LU-8431 McCormick Place, Chicago Illinois from November 3 – 6 this year.

State-of-the-art doesn’t begin to describe ABB’s revamped robotics and training facility in Auburn Hills, MI. The upgraded factory serves as a U.S. hub for developing AI-enabled technology helping businesses respond to labor shortages, global uncertainty and sustainable manufacturing. 

In recent years, the power engineering manufacturing industry has been undergoing a significant modernization movement, driven by the rapid advancement of robotics, automation, and artificial intelligence. Amazon's recent announcement of its in Shreveport, Louisiana, serves as a prime example of this revolution in action. 

Hottinger Brüel & Kjær (HBK) officially launched Advantage Insights empowered by nCode (Advantage Insights), their latest data analysis tool. Advantage Insights offers a powerful, intuitive solution designed to unlock the full potential of engineering data, by speeding up and simplifying the process of handling this data. Some of the key benefits include:

Global technology, software and engineering leader Emerson will exhibit its latest Floor to Cloud packaging solutions at Pack Expo Chicago, November 3-6, 2024. Advancing the boundless future of automation, Emerson factory automation solutions and its Floor to Cloud approach empower smarter packaging lines and more efficient processes that make it possible for manufacturers to continuously improve plant productivity, sustainability and safety. 

The increasing demand for compact servo drives in mechanical engineering has led to a corresponding need for smaller gearboxes that are suitable for these drives. In response to this market need, Neugart is introducing three new precision planetary gearboxes in frame size 055: the PSBN055, PSN055, and PSFN055. These new additions extend the proven capabilities of the Precision Line portfolio.

Siemens Digital Industries Software has announced the 2025 release of Solid Edge software, bringing new capabilities to its product development software. The latest release also introduces Solid Edge X software, delivering a cloud-enabled secure Software as a Service (SaaS) environment, enhanced with new AI-enabled tools to help users work smarter.

Bosch Rexroth will display product technologies and complete factory automation solutions for CPG manufacturing in Booth S-1548 at Pack Expo 2024, November 3-6, in Chicago, Illinois.

The KISSsoft System Module is an intuitive, versatile, and adaptable tool for modeling and analyzing entire gear systems. It is an integral part and module of the KISSsoft software and accelerates sizing and optimization along the whole design process. Considering the needs of customers, KISSsoft's goal is to assist with the migration of the existing models to the System Module and for a smooth transition, it is highly recommended to start with the current release.