1661891009947 Cd1406sidebarcertifiedcatlarger

Mergers, Alliances and Acquisitions With Automation Companies

June 18, 2014
GE entered into a definitive agreement to acquire privately held Wurldtech, a Vancouver, British Columbia-based provider of cybersecurity solutions. Wurldtech solutions and services are used in oil refineries, power transmission grids or for individual assets such as medical devices or smart meters.

This article originally appeared in our Control Design June Issue Indiscrete section alongside these stories:

Automated Systems Can Stop Accidents in Nuclear Plants
Multi-Axis Controller Powers Clock
Machine Tools and Plastics Numbers up in Q1

CERTIFIED CAT

The newly opened North American EtherCAT Test Center (ETC) reached its first milestone. Watlow’s RMZ multi-loop temperature controller is the first EtherCAT device to pass conformance testing in the test lab based in Savage, Minnesota, (Minneapolis area). During the official test in an ETC, the EtherCAT Conformance Test Tool is employed, as its use is mandatory for EtherCAT device manufacturers. Additionally, further tests such as interoperability and interface checks are conducted during the official testing of an EtherCAT device. ETG representative Florian Häfele, on-site as the ETG representative, presented the certificate to Stan Breitlow, staff software engineer at Watlow.

GE entered into a definitive agreement to acquire privately held Wurldtech, a Vancouver, British Columbia-based provider of cybersecurity solutions. Wurldtech solutions and services are used in oil refineries, power transmission grids or for individual assets such as medical devices or smart meters. Wurldtech will retain its name and operate as a wholly owned subsidiary. Financial terms were not disclosed.  B&B Electronics, developer of mission-critical network connectivity solutions, partnered with SeeControl, an IoT platform company, to deliver intelligent, predictive monitoring solutions for industrial internet of things (IoT) applications. The companies will work together via joint selling, referrals and consulting. Panduit acquired SynapSense. SynapSense specializes in thermal risk management and cooling energy savings for large enterprise,colocation and cloud computing service providers.Siemens, and Mitsubishi Heavy Industries (MHI) entered into a joint venture to provide plants, products and services for the iron, steel and aluminum industry. According to the agreement, MHI will hold a 51% and Siemens a 49% stake in the joint venture. Subject to approval of the relevant authorities, the joint venture will start operations in January 2015. The company’s headquarters will be located in the United Kingdom.

Sponsored Recommendations

Power Distribution Resource Guide

When it comes to selecting the right power supply, there are many key factors and best practices to consider.

Safe Speed and Positioning with Autonomous Mobile Robots

Here are some tips for ensuring safe speed and positioning for AMRs using integrated safety technology – many of these tips also apply to automated guided vehicles (AGVs).

Faster, Accurate and Reliable Motion Control With Advanced Inductive Technology

This white paper describes new technology offering improved position measurement capabilities in reliability, speed, accuracy and more.

The Value of Dual Rated AC/DC Disconnect Switches

Why is it necessary for me to have a disconnect switch installed in my application?