Automotive Manufacturing

DPW Holdings’ Gresham Worldwide Global Defense Business Acquires Relec Electronics Ltd in the UK

Monday, November 30, 2020 - 6:45pm

DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company) announced that its global defense business, Gresham Worldwide, Inc. (Gresham Worldwide), has acquired Relec Electronics Ltd. (Relec), based in England.

Key Points: 
  • DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (DPW, or the Company) announced that its global defense business, Gresham Worldwide, Inc. (Gresham Worldwide), has acquired Relec Electronics Ltd. (Relec), based in England.
  • Gresham Worldwides English subsidiary, Gresham Power Electronics, has been designing and manufacturing highly reliable power electronics for naval and industrial markets for more than fifty years.
  • This strategic business combination provides Relec opportunities to offer value-added services to its blue-chip customer base, while enabling Gresham Power Electronics to expand into rail and other industrial markets.
  • Gresham Power Electronics and Relec will continue to operate as stand-alone businesses, though they have established a joint management committee.

Keysight and ElringKlinger AG Collaborate to Advance E-mobility

Monday, November 30, 2020 - 7:00pm

ElringKlinger offers innovative solutions for all types of automotive drive systems and is a volume manufacturer for battery components for almost a decade now.

Key Points: 
  • ElringKlinger offers innovative solutions for all types of automotive drive systems and is a volume manufacturer for battery components for almost a decade now.
  • Keysights Scienlab Battery Test Systems enable ElringKlinger to further test and validate cells to identify the most effective combination of cells for the targeted end-customer application.
  • The intensive exchange with Keysight on a very professional level and their deep understanding of our needs make Keysight the perfect partner to jointly drive this project to success, said Dr. Freundt, Head of Battery Testing and Validation at ElringKlinger AG.
  • We are pleased that ElringKlinger chose to work with Keysight for this strategic investment, said Thomas Goetzl, vice president and general manager of Keysights Automotive & Energy Solutions business unit.

Gutenberg Technology’s New Platform Features Help Content Authors Bring Content Products to Market Faster

Monday, November 30, 2020 - 2:00pm

Gutenberg Technology (GT), provider of the premier end-to-end content management platform, today unveiled groundbreaking new platform features to help content authors rapidly create and deploy new products including advanced functionality that empowers publishers, corporations, and higher education institutions to create audience-specific digital and print content products from within a single workflow.

Key Points: 
  • Gutenberg Technology (GT), provider of the premier end-to-end content management platform, today unveiled groundbreaking new platform features to help content authors rapidly create and deploy new products including advanced functionality that empowers publishers, corporations, and higher education institutions to create audience-specific digital and print content products from within a single workflow.
  • According to a GT ROI study , it can take content authors more than 17 months to create and launch new print and digital products.
  • The GT platform transforms the way content is created empowering content authors to create, reuse, and publish collaboratively to any print and digital product.
  • The new features extend GTs patented single-workflow functionality, enhance productivity, and help customers deliver content products at scale to millions of end users.

Garrett Motion Supplies Custom Turbos for Global Manufacturer's Launch of New Off-Highway Commercial Vehicle Lineup

Monday, November 30, 2020 - 1:45pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20201130005586/en/
    Our custom single- and two-stage turbo applications successfully address three critical pain points for this global customer, said Garrett Vice President and General Manager of Commercial Vehicles Aileen McDowall.
  • Second, we enabled the customer to achieve greater productivity by creating a two-stage setup for multiple off-highway applications.
  • Garrett has been synonymous with off-highway commercial vehicle innovation since our inception more than 65 years ago, added McDowall.
  • Garrett Motion is a differentiated technology leader, serving customers worldwide for more than 65 years with passenger vehicle, commercial vehicle, aftermarket replacement and performance enhancement solutions.

PPG to Acquire Global Coatings Manufacturer Ennis-Flint

Monday, November 30, 2020 - 1:30pm

PPG (NYSE:PPG) today announced that it has reached a definitive agreement to acquire Ennis-Flint, a global manufacturer of coatings with a broad portfolio of pavement marking products, including paint, thermoplastics and other advanced traffic technologies.

Key Points: 
  • PPG (NYSE:PPG) today announced that it has reached a definitive agreement to acquire Ennis-Flint, a global manufacturer of coatings with a broad portfolio of pavement marking products, including paint, thermoplastics and other advanced traffic technologies.
  • We look forward to the Ennis-Flint team joining PPG and working together to further expand the companys product distribution on a global scale.
  • Mobility-related products developed by PPG include battery-specific coatings that deliver enhanced safety and performance, autonomous vehicle coatings that improve vehicle and infrastructure visibility, and interior coatings that increase surface functionality and durability.
  • We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

Wrench Mobile Vehicle Inspection, Maintenance and Repair Service Joins the Openbay Marketplace to Meet Growing Demand for Convenient and Contactless Automotive Service

Monday, November 30, 2020 - 1:05pm

Wrench also provides a disinfecting service where a technician wipes down many high-touch areas, including door handles, consoles, and steering wheels, with a CDC-approved disinfectant.

Key Points: 
  • Wrench also provides a disinfecting service where a technician wipes down many high-touch areas, including door handles, consoles, and steering wheels, with a CDC-approved disinfectant.
  • Wrenchs on-location and quality services adds to the already convenient process offered by the Openbay marketplace for consumers searching for auto repair and maintenance services.
  • The partnership with Openbay allows more vehicle owners access to our suite of contactless Inspection, Maintenance and Repair services, said Ed Petersen, CEO of Wrench.
  • Wrench is the largest platform in the USA for mobile Inspections, maintenance and repair of vehicles, bringing a dealer-quality service directly to consumers and fleet customers.

Skyworks to Present at the Barclays Global Technology, Media and Telecommunications Conference

Monday, November 30, 2020 - 1:02pm

Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog semiconductors connecting people, places and things, today announced that executives will participate in the Barclays Global Technology, Media and Telecommunications Conference at 12:30 p.m. EST on Dec. 9, 2020.

Key Points: 
  • Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog semiconductors connecting people, places and things, today announced that executives will participate in the Barclays Global Technology, Media and Telecommunications Conference at 12:30 p.m. EST on Dec. 9, 2020.
  • Forward-looking statements include without limitation information relating to future events, results and expectations of Skyworks.
  • Copies of Skyworks' SEC filings can be obtained, free of charge, on Skyworks' website ( www.skyworksinc.com ) or at the SEC's website ( www.sec.gov ).
  • Note to Editors: Skyworks and the Skyworks symbol are trademarks or registered trademarks of Skyworks Solutions, Inc., or its subsidiaries in the United States and other countries.

C3.ai Announces Launch of Initial Public Offering

Monday, November 30, 2020 - 11:21am

C3.ai, a leading enterprise AI software provider for accelerating digital transformation, today announced plans to commence the roadshow for its proposed initial public offering.

Key Points: 
  • C3.ai, a leading enterprise AI software provider for accelerating digital transformation, today announced plans to commence the roadshow for its proposed initial public offering.
  • The initial public offering price is expected to be between $31.00 and $34.00 per share.
  • Morgan Stanley, J.P. Morgan and BofA Securities are acting as lead book-running managers for the proposed offering.
  • Canaccord Genuity, JMP Securities, KeyBanc Capital Markets, Needham & Company, Piper Sandler and Wedbush Securities are acting as co-managers for the proposed offering.

Unity Announces Unity Reflect Now Supports Autodesk BIM 360 for seamless AR/VR experiences

Monday, November 30, 2020 - 10:00am

Unity (NYSE: U), the worlds leading platform for creating and operating real-time 3D (RT3D) content, today announced another step toward holistic interoperability with Autodesk.

Key Points: 
  • Unity (NYSE: U), the worlds leading platform for creating and operating real-time 3D (RT3D) content, today announced another step toward holistic interoperability with Autodesk.
  • This is a result of a three year collaboration between Unity and Autodesk that started in October 2017.
  • By using models from BIM 360 within Unity Reflect, construction teams can know these data-rich workflows always incorporate the most up-to-date information.
  • Since announcing a collaboration with Autodesk in 2018, Unity Reflect has grown to support a suite of Autodesk products including Revit, Navisworks, and now BIM 360, which is part of Autodesk Construction CloudTM, while also enabling Autodesk users to access real-time 3D experiences on a range of devices in AR and VR to bridge the gap between design and construction.

Toyoda Gosei Invests in Ball Wave, a Startup from Tohoku University

Monday, November 30, 2020 - 4:00am

Toyoda Gosei Co., Ltd. (TOKYO:7282) has invested1 in Ball Wave Inc., a startup from Tohoku University that develops practical applications of ball SAW sensors.2 These sensors use natural collimation of surface acoustic waves (SAWs), a physical phenomenon predicted and experimentally verified by researchers at Tohoku University, and can instantly detect various kinds of matter in air and other gases at the nanoscale.

Key Points: 
  • Toyoda Gosei Co., Ltd. (TOKYO:7282) has invested1 in Ball Wave Inc., a startup from Tohoku University that develops practical applications of ball SAW sensors.2 These sensors use natural collimation of surface acoustic waves (SAWs), a physical phenomenon predicted and experimentally verified by researchers at Tohoku University, and can instantly detect various kinds of matter in air and other gases at the nanoscale.
  • View the full release here: https://www.businesswire.com/news/home/20201129005111/en/
    Toyoda Gosei and Ball Wave will leverage Toyoda Goseis surface treatment technologies, such as painting and plating technology cultivated in the development and production of automotive interiors and exteriors, to achieve coatings for better ball SAW sensor performance.
  • Toyoda Gosei will continue to tackle social issues through collaboration with startups that are promising for synergy with its core technologies.
  • Ball Wave has commercialized devices such as a high-performance trace moisture sensor that can be used in semiconductor manufacturing processes and drying rooms.