Beyond adding significant automotive industry expertise to Ansys’ go-to-market motion, the acquisition will expand Ansys’ portfolio with explicit dynamics analysis solution development resources Key Highlights Ansys will add DYNAmore’s go-to-market and development expertise to its existing sales, engineering, research, and development teams DYNAmore’s automotive customers include nine of the top 10 original equipment manufacturers and… Continue reading Ansys and Automotive Simulation Leader DYNAmore Sign Definitive Acquisition Agreement
Tag: Strategy
Byrna Technologies Announces Record Fourth Quarter Revenues of $16.0 Million up 43% from Q4 2021
ANDOVER, Mass., Dec. 6, 2022 /PRNewswire/ — Byrna Technologies Inc. (NASDAQ: BYRN) (“Byrna” or “the Company”) today announced preliminary revenue expectations for its fiscal fourth quarter ended November 30, 2022 (“Q4 FY2022”) of $16.0 million, up 43% from $11.2 million in the fiscal fourth quarter (“Q4 FY2021”) and up 29% from the prior quarter (“Q3 FY2022”).… Continue reading Byrna Technologies Announces Record Fourth Quarter Revenues of $16.0 Million up 43% from Q4 2021
BorgWarner Announces Intent to Spin Off Fuel Systems and Aftermarket Segments, Consistent with “Charging Forward” Strategy
Would Create Two Leading, Focused Companies Positioned to Drive Value Creation Upon Completion, Would Achieve 2025 Disposition Objective as Part of “Charging Forward” Strategy Management to Discuss Intended Separation on Conference Call At 9:00am ET Today AUBURN HILLS, Mich., Dec. 6, 2022 /PRNewswire/ — BorgWarner (“the Company”), a global leader in delivering innovative and sustainable… Continue reading BorgWarner Announces Intent to Spin Off Fuel Systems and Aftermarket Segments, Consistent with “Charging Forward” Strategy
Leidos Collaborates with Microsoft to Synchronize Warfighting Technologies
RESTON, Va., Dec. 6, 2022 /PRNewswire/ — Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, and Microsoft successfully demonstrated a critical step in the realization of Joint All-Domain Command and Control (JADC2) through demonstrations during the U.S. Army’s Project Convergence 22 (PC22) experimentation exercises. The demonstration paired Leidos Edge to Cloud (E2C) technology with… Continue reading Leidos Collaborates with Microsoft to Synchronize Warfighting Technologies
Forward-Thinking Dealerships That Employ Connected Data and Automation Generate Higher Profit Margins by 18.5%, New Cox Automotive Study Shows
The newly released Cox Automotive Forward-Thinking Dealers Study explores the tactics, investments and processes dealerships have made to enhance performance and profitability in sales, marketing, and inventory management. Forward-thinking dealers embrace and have adopted data-driven technology and automation within their operations; they also have the highest sales volume per month, an average of 145 vehicles.… Continue reading Forward-Thinking Dealerships That Employ Connected Data and Automation Generate Higher Profit Margins by 18.5%, New Cox Automotive Study Shows
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HAMBURG, Dec 6 (Reuters) – Volkswagen’s (VOWG_p.DE) CEO will outline a new software and vehicle platform strategy to the carmaker’s supervisory board on Dec. 15 as he tries to turn his predecessor’s vision into deliverable goals, three company sources told Reuters. Oliver Blume, who took the helm in September, has been developing the plans with… Continue reading Untitled
Mercedes-Benz to double e-drive production capacity to a million units
Mercedes-Benz, the world’s most valuable luxury car brand which is preparing to go fully electric by the end of the decade wherever market conditions allow, continues to realign its global production network towards electric vehicles. The Stuttgart-Unterturkheim plant plays a decisive role in this strategy. In addition to conventional drive units and components, it is… Continue reading Mercedes-Benz to double e-drive production capacity to a million units
Mercedes-Benz to double e-drive production capacity to a million units
Mercedes-Benz, the world’s most valuable luxury car brand which is preparing to go fully electric by the end of the decade wherever market conditions allow, continues to realign its global production network towards electric vehicles. The Stuttgart-Unterturkheim plant plays a decisive role in this strategy. In addition to conventional drive units and components, it is… Continue reading Mercedes-Benz to double e-drive production capacity to a million units
Mahua Acharya resigns as MD & CEO of the state-owned CESL
Mahua Acharya, MD and CEO of the state-owned Convergence Energy Services (CESL) has stepped down from her position. The development comes at a time when CESL, which is a part of Energy Efficiency Services (EESL), a joint venture of public sector companies under the Ministry of Power, is looking to push clean automotive fuel in the country… Continue reading Mahua Acharya resigns as MD & CEO of the state-owned CESL
Crisis24 Welcomes Mark Niblett as Senior Vice President, Global Operations and Chief Security Officer
Unmatched expertise to enable the global leader in integrated risk management to strengthen its industry-leading position ANNAPOLIS, Md., Dec. 5, 2022 /PRNewswire/ — Leading global integrated risk management firm Crisis24, a GardaWorld company, announced today the appointment of Mark Niblett to the position of Senior Vice President, Global Operations and Chief Security Officer. In his… Continue reading Crisis24 Welcomes Mark Niblett as Senior Vice President, Global Operations and Chief Security Officer