Bosch is selling the security and communication technology product business of its Building Technologies division to the European private equity firm Triton. The transaction includes the three product areas of video systems, access control and intrusion alarm systems, and communication systems. This corresponds to the entire Bosch Building Technologies product business that is available for sale...
The software company PTC announced that it has partnered with Microsoft and Volkswagen Group to develop a generative artificial intelligence copilot based on the PTC Codebeamer application lifecycle management solution. Codebeamer Copilot will support software development in physical products by enabling software engineers to create and manage product requirements more efficiently as well as test...
Clariant has completed the transition to an additive portfolio that is completely free of per- and polyfluoroalkyl substances (PFAS). This underscores the chemical company's commitment to more sustainable and customer-oriented product development. The transition to PFAS-free additives reflects the company's deep understanding of its customers' needs and its ongoing commitment to environmental...
Roche plans to acquire the biopharmaceutical company Poseida Therapeutics to expand its offering in the fields of oncology, immunology and neurology. The Basel-based pharmaceutical company is investing around $1 billion, or approximately €950 million, in the acquisition. The transaction is expected to be completed in the first quarter of 2025. Poseida Therapeutics specializes in CAR-T cell...
Formnext 2024 took place in Frankfurt/Main in Germany from November 19 to 22, 2024. With numerous world premieres and groundbreaking innovations, the trade fair provided decisive impetus for the future development of industrial production towards greater efficiency, productivity and sustainability. At the trade fair for additive manufacturing, the expansion of application areas as well as faster...
Vetter, a global pharmaceutical service provider, is expanding its management team. From January 2025, Thomas Otto and Peter Sölkner will join Henryk Badack, Titus Ottinger and Carsten Press in managing the family-owned company. By expanding its management team, the independent CDMO for the manufacturing of complex injectable drugs is ensuring its sustainable growth. “We at Vetter are committed to...
The site operator Infrareal wants to take over Takeda's pharmaceutical and biotech site in Orth near Vienna in Lower Austria. The two companies have signed a purchase agreement to this effect. The group is taking over the 24-hectare property from Takeda, including buildings, infrastructure and some pharmaceutical production facilities. The transaction is still subject to the fulfillment of the...
The 33rd edition of SPS Smart Production Solutions, a magnet for the industry for intelligent and digital automation, has come to an end. With 1,114 exhibitors, around 100 companies fewer than last year presented their innovations. However, the number of visitors increased slightly to 51,300. “In view of the current challenging economic situation in industry, the increase in visitor numbers...
In the third quarter of this year, Evonik again earned significantly more than in the same period of the previous year. Group sales increased by two percent to €3.83 billion. Prices remained stable, while sales volumes rose by five percent. Adjusted Ebitda increased by 19 percent to €577 million from July to September. As a result, the specialty chemicals group reached the level of the second...
Ifm and the Schuler Group have now agreed to work together to monitor and improve quality in press shops through digitalization. The aim is to offer customers greater transparency and increase efficiency in sheet metal forming. Presses for sheet metal forming are among the most important machines in all industries in which sheet metal is processed. Schuler has over 180 years of experience in...
