Neural Concept showcases NVIDIA-Integrated AI Engineering Platform at NVIDIA GTC

Neural Concept is demonstrating its integration with the NVIDIA Omniverse Blueprint at NVIDIA GTC, allowing attendees to run real-time simulations and optimize the SP80 racing boat’s hydrofoil Courtesy: BusinessWire

Neural Concept, the leading AI platform for engineering design, will demonstrate its copilots for multi-physics simulation and product development at NVIDIA GTC (March 18-21). Now fully integrated with the NVIDIA Omniverse Blueprint for real-time digital twins and NVIDIA’s latest GPU hardware, the Neural Concept platform is trusted by over 70 Original Equipment Manufacturers (OEMs) and Tier 1 engineering teams to […]

UL Solutions Opens an Advanced Automotive EMC Laboratory in Japan

UL Solutions plans to establish a state-of-the-art automotive electromagnetic compatibility testing laboratory in the Tokai region, co-located with Japan’s major automotive companies. (Photo: Business Wire)

UL Solutions Inc one of the global leaders in applied safety science, recently announced plans to develop a new advanced automotive electromagnetic compatibility (EMC) laboratory in Toyota City, Japan, to provide testing to help manufacturers protect against electromagnetic interference that can cause critical systems in vehicles, like braking and engine control, to malfunction. Today’s vehicles […]

Dexerials Forms Alliance with SemsoTec Group to Strengthen European Automotive Presence

Dexerials Corporation: Kentaro Oshima, Executive Officer, Automotive Solutions Business Unit Head (Photo: Business Wire)

Dexerials Corporation (Head office: Shimotsuke city, Tochigi Prefecture; Representative Director and President: Yoshihisa Shinya; hereinafter the “Company”) announced that it has invested in and entered into a capital and business alliance with SemsoTec Group (hereinafter “SemsoTec”), a corporate group centered around the German automotive design house SemsoTec Holding GmbH (Head office: Garching bei Munich, Germany; […]

Innovative Laser Solutions: Enhancing Quality and Precision in Metalworking Businesses

Photo-by-Cookelma-from-Deposit-Photos

Precision is everything in metalworking. Whether you’re cutting intricate patterns into delicate materials or fabricating sturdy components for heavy machinery, the quality of each piece can make or break a project. This is where advanced tools come in, elevating every process to a level of accuracy that wasn’t possible before. But it’s not just about […]

Judd Appel Joins as an Advisory Partner for Mowery & Schoenfeld

Judd-Appel-joins-Mowery-Schoenfeld-as-Advisory-Partner-to-continue-growth-of-Transaction-Advisory-Services-segment.-Photo-Business-Wire

Judd Appel recently joined Mowery & Schoenfeld as a Partner in the Transaction Advisory Services practice. Appel has over 20 years of expertise in transaction advisory services and investment banking. His focus is to drive the firm’s pipeline and execute sell-side transactions. Appel’s experience includes both public, private- and sponsor-backed clients across a variety of […]

Autonomy, an EV Subscription Co, Partners with Deloitte to Launch a New SaaS Platform

Deloitte and Autonomy team at the Move America Conference in Austin, Texas. September 2023. From left to right: Rodolfo Dominguez, Jim Nguyen, Heather Weiss, Alexander Kantor, Ann Marie Jacobs, Mac Makhni. (Photo: Business Wire)

Autonomy, the leading EV subscription company, announces it is pivoting from vehicle subscriptions to launch a new SaaS business, Autonomy Data Services (ADS), in partnership with Deloitte. ADS has secured $2.5 million in new funding and completed a $32 million debt-for-equity swap, along with acquiring all subscription-related technology and intellectual property. The automotive landscape is […]

UL Solutions Inaugurates Official Battery Testing Laboratory in Auburn Hills, Michigan

Pictured left to right, Dr. Robert Slone, SVP and chief scientist, UL Solutions; Angela Williams, CISO, UL Solutions; Garlin Gilchrist II, lieutenant governor, Michigan; Donni Steele, state representative, Michigan House of Representatives; Jennifer Scanlon, president and CEO, UL Solutions; Haley Stevens, congresswoman, U.S. House of Representatives; Weifang Zhou, EVP and president of Testing, Inspection and Certification, UL Solutions; Eugene Hawkins III, mayor pro-tem, City of Auburn Hills; Milan Dotlich, VP and general manager, Energy and Industrial Automation, UL Solutions; Jeff Smidt, SVP, Testing, Inspection and Certification, Industrial, UL Solutions; Brendan Johnson, commissioner, Oakland County. (Photo: Business Wire)

UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, officially opened its North America Advanced Battery Laboratory in Auburn Hills, Michigan, one of the most extensive electric and hybrid vehicle and industrial battery testing laboratories in the U.S. The new facility is UL Solutions’ largest laboratory investment in our history and part […]

Accenture Acquires Excelmax Technologies to Expand Silicon Design and Engineering Capabilities

cc a Bangalore, India-based semiconductor design services provider. (Graphic: Business Wire)

Accenture (NYSE: ACN) has acquired Excelmax Technologies, a Bangalore, India-based semiconductor design services provider. The acquisition further enhances Accenture’s growing silicon design and engineering capabilities. Terms of the transaction were not disclosed. Excelmax provides custom silicon solutions used in consumer devices, data centres, artificial intelligence (AI) and computational platforms that enable edge AI deployments, to clients […]

Analog Devices invests over USD 1Bln to expand its Semiconductor Facility

Ribbon-cutting ceremony to celebrate ADI's more than $1 billion investment to expand its semiconductor wafer fab in Beaverton, Oregon. Pictured left to right: Vincent Roche, ADI’s CEO and Chair and Vivek Jain, ADI's Executive Vice President, Global Operations & Technology.

Analog Devices, Inc., a global semiconductor leader, invested more than $1 billion to expand its semiconductor wafer fab in Beaverton, Oregon. The Beaverton site, built in 1978, is ADI’s largest wafer fabrication facility by volume and serves customers in critical industries, such as industrial, automotive, communications, consumer, and healthcare. The facility investment expands cleanroom space […]

Hagerty receives USD 105 Million in Capital from investors

Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, recently announced that the company is raising $105 million in capital from existing strategic investors including State Farm, Markel Group and the Hagerty family. This capital raise is comprised of $80 million of convertible preferred equity, which closed on June 23rd, […]