Business

Nano Dimension and Desktop Metal have jointly announced that they have entered into a definitive agreement under which Nano Dimension will acquire all outstanding shares of Desktop Metal in an all-cash transaction. The transaction represents a 27.3% premium to Desktop Metal’s closing price for total consideration of approximately $183 million.

Dassault Systèmes and Mistral AI have announced their partnership to bring the full power of frontier AI to industries in a trusted environment. For more than 40 years, Dassault Systèmes has empowered people and businesses to provide sustainable innovations in the domains of manufacturing industries, life sciences and healthcare, and cities and territories.

Tech Soft 3D, the leading provider of engineering software development toolkits, has announced that it has acquired Theorem Solutions, makers of advanced solutions for CAD data translation and publishing.

Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation, has announced the results of the 9th annual “State of Smart Manufacturing Report: Automotive Edition.”

Basler AG, a leading supplier of image processing components for computer vision applications, has acquired 25.1 % of the shares in Roboception GmbH, as part of a strategic investment and capital increase. With its innovative hardware and software products, Roboception is a pioneer in the field of intelligent 3D sensor technology, providing key elements for flexible automation solutions. 

Shipments of cutting tools, measured by the Cutting Tool Market Report, reached $214.7 million in April 2024. Orders increased 1.1% over March 2024 and grew by 13% over April 2023. Year-to-date shipments totaled $846.1 million, nearly 5% above shipments made in the first four months of 2023.

InnovMetric is starting a new chapter in its history. The multinational company, which is celebrating its 30th anniversary in business this year, welcomes its very first financial partner. The Fonds de solidarité FTQ is joining the company with a $45 million dollar investment to support it in its long-term growth perspective.

Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, reached $317.9 million in April 2024. This is a 25.6% decrease from March 2024 but only 5.4% behind orders in April 2023. Orders in 2024 totaled $1.43 billion through April, 16.2% behind orders placed in the first four months of 2023.