– CLEVR makes inroads in the $26 billion a year PLM space and Siemens software ecosystem – Digitread is pioneering manufacturing and marine implementation services and solutions in highly specialized market – CLEVR’s expertise in low-code and Mendix will help Digitread build sophisticated PLM solutions faster and more efficiently AMERSFOORT, Netherlands, Aug. 17, 2021 /PRNewswire/… Continue reading CLEVR Acquires Start-up Digitread, System Integrator, Specialist in PLM, Manufacturing and Marine
Tag: Strategy
AvAir Named on Inc. 5000 “Fastest Growing Companies in America” List
The list, which ranks 5,000 companies by their three-year revenue growth rates, is comprised of businesses of all sizes and functions. To qualify, companies must be independently owned, privately held and based in the U.S. It also needs to have met minimum revenue thresholds of $100,000 in 2017 and $2 million in 2020. Many household… Continue reading AvAir Named on Inc. 5000 “Fastest Growing Companies in America” List
Jet Linx Accelerates M&A Strategy With Leadership Team Expansion
OMAHA, Neb., Aug. 17, 2021 /PRNewswire/ — Jet Linx, the only locally-focused, global private aviation company providing aircraft management, joint ownership and Jet Card membership services through its 20 locations nationwide, today announced the appointment of Paul Kloet as Director of Mergers & Acquisitions and the promotion of Jason Vanis from Senior Vice President to Senior… Continue reading Jet Linx Accelerates M&A Strategy With Leadership Team Expansion
Prostar Capital Closes USD280m Refinancing for Fujairah Oil Terminal
GREENWICH, Conn., Aug. 17, 2021 /PRNewswire/ — Prostar Capital, a leading midstream energy infrastructure firm, announced today that it has successfully completed a refinancing for its portfolio company Fujairah Oil Terminal (“FOT”). The new USD280 million debt facility will replace the existing senior debt as well as create a capital expenditure facility to fund the connection… Continue reading Prostar Capital Closes USD280m Refinancing for Fujairah Oil Terminal
Cyngn Names Don Alvarez New CFO and Adds Karen Macleod to the Board
MENLO PARK, Calif., Aug. 17, 2021 /PRNewswire/ — Cyngn, the industrial autonomous vehicle technology developer, today announced the addition of Don Alvarez as Chief Financial Officer, and Aréte founder, Karen Macleod, to Cyngn’s Board of Directors. Continue Reading Cyngn, Inc. “I am pleased to welcome Don to the Cyngn team,” said Lior Tal, Chief Executive Officer of Cyngn.… Continue reading Cyngn Names Don Alvarez New CFO and Adds Karen Macleod to the Board
Disruptions fuel India’s ER&D opportunities
Digitalisation is on the rise. A greater degree of software processes were used to make the Renault Kiger and Nissan Magnite production-ready. India’s software industry, which is of a global calibre and scale, has given a big fillip to brand India. The country’s engineering & R&D (ER&D) industry strives to do something similar. As the… Continue reading Disruptions fuel India’s ER&D opportunities
Change in leadership at Continental Tech Centre India for ADAS, VED businesses
Technology company Continental has announced changes in engineering leadership for its ADAS and VED business units (BU) in their in-house R&D facility Technical Center India (TCI). Praveen Kumar takes over as the Head of Engineering, VED BU and Jaidev Venkataraman takes over as the Head of Engineering – Sensorics, ADAS BU. They both have interchanged… Continue reading Change in leadership at Continental Tech Centre India for ADAS, VED businesses
XCMG’s Intelligent Manufacturing Base for Urban Operation-Specific Vehicles Completed and Production Commences
“The base is XCMG’s 15th IM plant under our intelligent upgrade strategy. As a dominant achievement of XCMG’s IM agenda, completion and commissioning of the base also marks a new breakthrough in expanding production scale and increasing production efficiency of XCMG’s urban operation-specific vehicles,” said Sun Xiaojun, the GM of XCMG Special Purpose Vehicles. The… Continue reading XCMG’s Intelligent Manufacturing Base for Urban Operation-Specific Vehicles Completed and Production Commences
Volta Charging Announces New Station Installation In Upper Marlboro, Maryland
Founded on the premise that the electrification of mobility is likely to be a transformational shift, Volta Charging builds and operates a nationwide EV charging network that has among the best utilization per station in the EV charging industry for the United States. Centered around capturing new spending habits expected to result from the shift to… Continue reading Volta Charging Announces New Station Installation In Upper Marlboro, Maryland
Faurecia to acquire Hella, creates world’s seventh largest supplier
French automotive supplier Faurecia has acquired the majority 60 percent equity stake in lighting and electronics specialist Hella for 3.4 billion euros in cash. It plans to acquire the remaining equity at an offer price of 60 euros a share, which makes the transaction an estimated total enterprise value of 6.7 billion euros (Rs 55,388… Continue reading Faurecia to acquire Hella, creates world’s seventh largest supplier