Hexagon Release 4th Quarter Financial Results
Hexagon AB has released its fourth quarter 2022 financial results: Operating net sales increased by 15 per cent to 1,403.2 MEUR, reflecting organic growth of 8 per cent, a contribution
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Business
Photoneo Brightpick Group Raises Additional $19 Million
Photoneo Brightpick Group, the parent company of Photoneo, a provider of robotic vision sensors and intelligence software, and Brightpick, a leading provider of warehouse automation solutions for ecommerce and grocery
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Precitec Acquires Majority Stake in Enovasense Thickness Sensor Company
Precitec Optronik has acquired a majority stake in the French start-up Enovasense with its technology to measure the thickness of all kinds of coatings on any substrate. The remaining shares
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ZEISS Acquisition To Strengthen Market Access and Expertise in 3D Metrology and Inspection Solutions in Poland
ZEISS plans to expand its market presence in Poland for its Industrial Quality & Research segment by acquiring LENSO. The company will become part of ZEISS Industrial Quality Solutions. Headquartered
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Trescal Completes Five Further Acquisitions To Add €25M In Sales and Expand In Asia, Europe and Australia
Trescal, a global leader in calibration services, has announced the acquisition of Standard Calibration Technology Institute (SCTI) in South Korea, Nordic Service Group (NSG) in Scandinavia, Delta-P Monitoring Technology in
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US Manufacturing Technology Orders Slip Behind 2021 Numbers
New orders of manufacturing technology totaled $436.5 million in November 2022, according to the latest U.S. Manufacturing Technology Orders Report published by The Association For Manufacturing Technology (AMT). November 2022
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TDK Acquires Qeexo To Enable Complete Smart Edge Platforms
TDK Corporation has announced that it has agreed to acquire Qeexo, Co., a U.S.-based venture-backed company spun out of Carnegie Mellon University engaged in the automation of end-to-end machine learning
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India’s Automotive Component Industry Growth Offers Metrology Equipment Opportunities
Automotive Component Manufacturers Association of India (ACMA) has announced the findings of its industry performance review, for the first half of fiscal 2022-23. The turnover of the automotive components industry
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Advantive Acquires DataNet and PQ Systems Expanding Manufacturing Software Capabilities
Advantive, a mission-critical software provider for specialty manufacturing and distribution businesses, recently announced the acquisitions of DataNet and PQ Systems, leaders in Statistical Process Control (SPC), manufacturing quality, and gage
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Optical Frequency Combs To Enable Wireless 6G Communication
Sixth-generation mobile communications (6G) will enable completely new application scenarios in industry, medical technology and everyday life. This will be accompanied by new requirements in terms of latency or the
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