Feb 11, 2025
New seed funding will enable Cadstrom to fuel development of its AI-driven verification tools that are said to streamline validation of electronic hardware designs. MONTRÉAL—Cadstrom, founded in 2023 by Margot Blouin and Scott Bright, is the developer of an AI system...
Feb 11, 2025
The company is offering six workshops for automotive, electronics, robotics, and dispensing-system engineers in 2025. ANN ARBOR, Mich.—Coherix is expanding its industry-wide engineering workshop program designed to improve the application of adhesives and sealants in...
Feb 11, 2025
The acquisition is said to strengthen Wabtec’s portfolio of heat transfer and energy products. PITTSBURGH—Wabtec Corporation reported that it acquired Bloom Engineering, Inc., a provider of custom-engineered industrial combustion products for industrial heating...
Feb 11, 2025
The energy storage company taps leaders Huang and Schweiger to accelerate commercial deployment. BOSTON—To support the rapidly growing demand for clean, firm power, the grid energy storage company Fourth Power has added Fred Huang and Patrick Schweiger to the senior...
Feb 11, 2025
The acquisition is said to create “the world’s most complete AI-powered design and simulation portfolio.” MUNICH—Siemens reported that it signed an agreement to acquire Altair Engineering Inc., a major provider of software in the industrial simulation and analysis...