Honeywell (NASDAQ: HON) welcomed more than 200 customers, partners, industry analysts, and media members to this year’s Honeywell Connect conference, a software- and digital transformation-focused event held last week in Dallas, Texas. The event featured a wide range of executive presentations, customer success stories, roundtable discussions, expert-led breakout sessions, and technology demonstrations in which Honeywell Connected Enterprise (HCE) emphasized its identity as a software company by highlighting its quickly-maturing capabilities in the areas of industrial cybersecurity, industrial IoT, and sustainability. Learn more
Emerson (NYSE: EMR) announced last week that it had entered into a definitive agreement to acquire NI (NASDAQ: NATI) for approximately $8.2 billion, reportedly outbidding Fortive and Keysight Technologies, among others. Emerson expects the acqusition to close during the first half of its 2024 fiscal year, which begins in October 2023. Learn more
The global market for data acquisition (DAQ) solutions—technologies used to convert physically or electrically measured signals such as temperature or pressure into digital output suitable for computer processing—will continue to expand as business leaders worldwide increasingly emphasize the importance of data-driven decision making. Learn more
Claroty made a pair of significant announcements on Wednesday, sharing news of a new $400 million round of Series E funding, while also disclosing an agreement to acquire Medigate, an IoT security company serving the healthcare industry. This round of funding―which brought Claroty’s total to $635 million―was led by Bessemer Venture Partners, Schneider Electric, and SoftBank, among others; financial terms of the Medigate acquisition were not disclosed. Learn more
Colonial Pipeline, which operates the largest fuel pipeline in the country, shut down its operations on Friday following a ransomware attack. The attack ― which the FBI has attributed to a Russian criminal group known as DarkSide. Learn more
AMETEK announced on Monday that it had acquired Magnetrol International and two other companies―Crank Software and EGS Automation―for a total of approximately $270 million. Both Magnetrol and Crank will join AMETEK’s Electronic Instruments Group, while EGS will become part of the company’s Electromechanical Group. Learn more
Industry 4.0 makes it possible for industrial organizations to dramatically increase profitability by realizing unprecedented levels of production efficiency and flexibility, supply chain control, and worker safety. Learn more
Following months of speculation, Microsoft, announced on Monday its acquisition of CyberX, a cybersecurity startup that provides a continuous monitoring and vulnerability management platform built for OT networks. Terms of the deal were not officially disclosed, though several media outlets, including TechCrunch, reported the acquisition will cost Microsoft approximately $165 million. Learn more
The global economic turbulence and uncertainty incited by the coronavirus pandemic has affected businesses of all shapes and sizes. In the manufacturing sector, organizations have struggled to balance their business and operational needs with the health and safety of their workers, most of whom are unable to work remotely due to the inherently physical nature of their positions on the factory floor. Learn more
The global market for process level measurement instrumentation is well-established, yet diverse and still evolving. While many of the older, mechanical-style devices maintain extensive installed bases, newer technologies such as laser and radar have been the target of continued innovation from some of the world’s largest industrial automation suppliers. Learn more
Siemens welcomed more than 700 attendees to this year’s Automation Summit, an annual event held last week at the Gaylord Rockies Resort and Convention Center in Denver, Colorado. Siemens’ objective for the conference is to inspire, enable, and support its customers’ automation initiatives by fostering collaboration among users, third-party solution partners, and Siemens experts. Learn more