Siemens and CD-adapco have entered into a stock purchase agreement for the acquisition of CD-adapco by Siemens. The purchase price is $970 million. CD-adapco is a global engineering simulation company with software solutions covering a wide range of engineering disciplines, including fluid dynamics, solid mechanics, heat transfer, particle dynamics, reactant flow, electrochemistry and acoustics.
CD-adapco is a global engineering simulation company with a unique vision for Multidisciplinary Design eXploration (MDX). Engineering simulation provides the most reliable flow of information into the design process, which drives innovation and lowers product development costs. CD-adapco simulation tools, led by the flagship product STAR-CCM+, allow engineers to discover better designs, faster. Last fiscal year, the company had over 900 employees and revenue of close to $200 million.
Reinstatement opportunity for ECSA registration
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In 2023 the Engineering Council of South Africa (ECSA) announced a special opportunity for engineers in South Africa to reinstate their registration status if it had been cancelled. This exclusive offer is available until the end of August 2024.
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South Africa’s renewable energy sector has taken a significant leap forward with the launch of PowerUp. A South African first, this online platform is designed to equip the country’s workforce with the skills required to meet industry demands.
Read more...Optimising the product design process Siemens South Africa
IT in Manufacturing
OPmobility is partnering with Siemens to adopt its Teamcenter X Product Lifecycle Management software. OPmobility’s increasingly complex products now include electronics and software, to create energy storage systems, which include battery and hydrogen electrification solutions and fuel tanks.
Read more...Innomotics wins Platinum TITAN Brand Award for Best Corporate Rebranding
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Innomotics has been awarded with the Platinum TITAN Brand Award for Best Corporate Rebranding. The international jury honoured Innomotics’ efforts to develop a powerful and recognisable brand after the carve-out of Innomotics from the Siemens Group in 2023.
Read more...Unlocking Africa’s hydrogen potential
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Africa is positioning itself as a frontrunner in the global green energy revolution, with hydrogen emerging as a critical commodity of strategic and national importance across the continent. Namibia is putting ambition into action by having already reached a number of key milestones towards final investment decision on up to five projects.
Read more...Fuchs doubles sales volume
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An aggressive growth strategy in South Africa and sub-Saharan Africa over the last decade has resulted in Fuchs Lubricants South Africa achieving a CAGR of 6% in volume sold since 2015. The result of this is that sales volume has nearly doubled in this time.
Read more...High-quality sensing and automation equipment
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The Turck Banner Demo Van is showcasing the company’s latest products and solutions.Turck Banner sells directly to end users and OEMs in a broad range of industries and applications.
Read more...From ground to compound: the journey of crude oil Wearcheck
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You’re in for a ‘crude awakening’ when you download WearCheck’s latest Technical Bulletin. You will be treated to an in-depth explanation of the processes of producing oil, fuel and other petrochemical wonders that power our modern lifestyle.
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