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Cisco Buying IoT Developer Jasper for $1.4B

By Patrick Waurzyniak Senior Editor

2/5/2016

With its $1.4-billion move this week to purchase Internet of Things (IoT) software developer Jasper Technologies (Santa Clara, CA), networking giant Cisco (San Jose, CA) will add a major asset to its arsenal in the race to compete in the world of enterprise IoT software. Full Article

AMETEK Announces Two Acquisitions



PRESS RELEASE-- AMETEK

2/5/2016

BERWYN, PA, FEBRUARY 5, 2016 – AMETEK, Inc. (NYSE: AME) today announced that it has completed two acquisitions: Brookfield Engineering, the world’s leading manufacturer of viscometers and rheometers, and ESP/SurgeX, a leader in energy intelligence and power protection solutions.  
Full Article

US Manufacturers Add 29,000 Jobs in January



Senior Editor Bill Koenig

2/5/2016

Makers of durable goods added 17,000 jobs, with non durable goods producers adding another 12,000. Full Article

US Manufacturing Economy Contracts Again in January



Senior Editor Bill Koenig

2/1/2016

The US manufacturing economy contracted again in January on lower employment and inventories, according to a monthly report by the Institute for Supply Management. Full Article

ABB Introduces First Ever Line of SCARA Robots, Designed For Applications



PRESS RELEASE-- ABB

2/5/2016

AUBURN HILLS, Mich. (February 3, 2016) – ABB has introduced the IRB 910SC, its first ever line of SCARA (Selective Compliance Articulated Robot Arm) robots. The latest addition to the ABB small robot portfolio, the IRB 910SC has a maximum payload of 6 kg, and is available in reaches of 450 mm, 550 mm and 650 mm. Full Article

Sandvik Coromant Appoints Sean Holt as President, Americas



PRESS RELEASE-- Sandvik Coromant

2/1/2016

Sandvik Coromant has announced Sean Holt as the new President of the Americas market area effective January 1, 2016. An experienced executive in the manufacturing industry, Mr. Holt was a key member of the Americas Management team as the Vice President of Engineering. Full Article

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