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.
Meeting the Western Cape’s occupational health and safety needs
News
“A-OSH EXPO Cape Town is a dedicated platform where visitors can explore the latest products, services and training to safeguard their teams, improve workplace conditions, and ensure compliance with evolving legislation.
Read more...Bühler hosts Student Career Expo
News
Bühler Southern Africa recently hosted its fourth annual Student Career Expo, reaffirming its commitment to inspiring and guiding the next generation towards diverse and rewarding career possibilities.
Read more...The unseen crisis in our taps
News
South Africa’s water crisis is no longer looming. It is already here. To move forward, water treatment must become part of a broader infrastructure renewal agenda. This includes decentralised solutions, private-sector innovation and long-term investment.
Read more...A technical partnership that lasts Omniflex Remote Monitoring Specialists
News
Ian Loudon, international sales and marketing at remote monitoring specialist, Omniflex reflects on the longevity of the partnership with Sasol, the key technology milestones along the way, and the most recent project in South Africa.
While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.
printer friendly version