Business

In an upside surprise, December 2023 manufacturing technology orders totaled $491 million, up nearly 22% from November 2023, and nearly 12% above December 2022.

After record orders in both 2021 and 2022, robot sales in North American declined by 30% in 2023, according to the latest report from the Association for Advancing Automation (A3).

Cognex Corporation has reported financial results for the fourth quarter and full year 2023.

Orders received by the German machine tool industry in the fourth quarter of 2023 were 17 percent down on the previous year’s figure.

Teledyne Technologies has announced that it has entered into an agreement to acquire Adimec Holding B.V. and its subsidiaries.

Bruker Corporation has announced the acquisition of Nanophoton Corporation, a pioneer focused on advanced research Raman microscopy systems.

Polycam, a leading 3D creation tool for iPhone and Android, has announced a $18M Series A finance round.

Renishaw regional H1 revenue performance was reported as a 6% increase in APAC, -6% in the EU and -13% in the Americas at constant currency rates.

Megatrends such as artificial intelligence, autonomous driving and Industry 4.0 require microchips that are ever smaller, ever more efficient – and above all ever more powerful.