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Activities between Nov. 15, 2024, 7:30 p.m. and Nov. 22, 2024, 7:30 p.m.
from: Automation Technology.
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Document Date: Nov. 20, 2024, 8:34 a.m. / Source: BusinessCloud
Activity Class: CorporateFinanceActivity
/ Type: Acquisition
/ Region: Europe
Buyer:
- Modulr
/ Industry: Commercial Banks, Fintech Services and 1 more
Target:
- Nook
/ Industry: Automation Technology
Document Extract: Modulr acquires accounts payable automation disruptor Nook.
Document Source: https://businesscloud.co.uk/news/modulr-acquires-accounts-payable-automation-disruptor-nook/
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Document Date: Nov. 20, 2024, 1 p.m. / Source: Business Wire
Activity Class: CorporateFinanceActivity
/ Type: Merger
Buyer:
- Emerson Electric Co
/ Industry: Automation Technology, Diversified Industrial Manufacturer and 2 more
Target:
- Aspen Technology
/ Industry: Automation Technology, Electric Utility Business and 2 more
Document Extract: Aspen Technology, Inc. (NASDAQ: AZPN) ("AspenTech" or "the Company") , a global leader in industrial software, today announced that its Board of Directors has formed a special committee (the "Special Committee") composed of three independent directors to consider the non-binding proposal from Emerson Electric Co. (NYSE: EMR) ("Emerson") received on November 5, 2024.
Document Source: https://www.businesswire.com/news/home/20241120170468/en/Aspen-Technology-Forms-Special-Committee-to-Evaluate-Non-Binding-Acquisition-Proposal-from-Emerson
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Document Date: Nov. 20, 2024, 2:30 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
/ Region: Kingdom of the Netherlands
Partnership:
- Randstad Digital
- Salesforce
/ Industry: Automation Technology, Business Process And Technology Management Services and 10 more
- Salesforce
/ Industry: Automation Technology, Business Management Consultancy and 11 more
Document Extract: Randstad Digital launches Salesforce Novelty Hub. New capability targets Global Capability Centers (GCC) through innovation and excellence. DIEMEN, Netherlands, Nov. 20, 2024 /PRNewswire/ - Randstad Digital today announced it has collaborated with Salesforce to launch the Salesforce Novelty Hub. This innovative capability addresses the top challenges of Global Capability Centers (GCCs) by presenting a clear roadmap to establish a Salesforce Center of Excellence (COE) . Organizations face significant challenges in today's competitive landscape - limited access to a global talent pool for niche skills, inability to scale operations globally, longer time to market for new services and products due to fragmented processes, and lack of standardized processes and templates leading to inconsistencies in service delivery.
Document Source: https://www.prnewswire.com/news-releases/randstad-digital-launches-salesforce-novelty-hub-302311586.html
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Document Date: Nov. 20, 2024, 12:10 a.m. / Source: Business Wire
Activity Class: LocationActivity
/ Type: Added
Location_Added_By:
Location:
Document Extract: Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will invest approximately 10 billion yen to construct a new facility for the assembly and inspection of power semiconductor modules at its Power Device Works in Fukuoka Prefecture, Japan.
Document Source: https://www.businesswire.com/news/home/20241119448194/en/Mitsubishi-Electric%25E2%2580%2599s-Power-Device-Works-to-Construct-New-Plant
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Document Date: Nov. 22, 2024, 12:30 p.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity
/ Type: Acquisition
/ Region: North Carolina
Vendor:
- Honeywell
/ Industry: Aerospace And Technology, Automation Technology and 2 more
Buyer:
Participant:
Document Extract: CHARLOTTE, N.C., Nov. 22, 2024 /PRNewswire/ - Honeywell (NASDAQ: HON) announced today that it has agreed to sell its Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc. ("PIP") , a portfolio company of Odyssey Investment Partners, for $ 1.325 billion in an all-cash transaction.
Document Source: https://www.prnewswire.com/news-releases/honeywell-to-sell-personal-protective-equipment-business-to-protective-industrial-products-302314103.html
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Document Date: Nov. 22, 2024, 12:30 p.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity
/ Type: Acquisition
Vendor:
- Honeywell
/ Industry: Aerospace And Technology, Automation Technology and 2 more
Buyer:
Target:
Document Extract: HONEYWELL TO SELL PERSONAL PROTECTIVE EQUIPMENT BUSINESS TO PROTECTIVE INDUSTRIAL PRODUCTS.
Document Source: https://www.prnewswire.com/news-releases/honeywell-to-sell-personal-protective-equipment-business-to-protective-industrial-products-302314103.html
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Document Date: Nov. 22, 2024, 12:30 p.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity
/ Type: Acquisition
/ Region: North Carolina
Buyer:
Document Extract: This announcement follows the divestiture of Honeywell's Lifestyle and Performance Footwear Business to Rocky Brands for $ 230 million in 2021 and completes Honeywell's exit from PPE.
Document Source: https://www.prnewswire.com/news-releases/honeywell-to-sell-personal-protective-equipment-business-to-protective-industrial-products-302314103.html
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Document Date: Nov. 19, 2024, noon / Source: Business Wire
Activity Class: PartnershipActivity
Partnership:
- Microsoft
/ Industry: Ad Technology, Agricultural Technology and 29 more
- Rockwell Automation
/ Industry: Automation Technology, Cybersecurity And Cyber Intelligence Solutions and 6 more
- Rockwell Automation
/ Industry: Automation Technology, Cybersecurity And Cyber Intelligence Solutions and 6 more
- Microsoft
/ Industry: Ad Technology, Agricultural Technology and 27 more
Document Extract: Together, the companies will provide manufacturing customers with advanced cloud and AI solutions that deliver powerful data insights, streamline operations and enhance scalability - driving operational efficiency and sustainable growth across the industry. This shared vision is supported by several new releases that will be previewed this week as Microsoft joins Rockwell as an exhibiting sponsor at the highly anticipated Automation FairĀ® from Nov. 18-21 in Anaheim, Calif. This relationship uniquely combines Rockwell's deep industrial automation expertise with Microsoft's cutting-edge cloud and AI capabilities. Together, the companies will bridge the gap between traditional industrial practices and modern digital applications, creating integrated solutions designed to unlock the full potential of industrial data. " We are excited to strengthen our partnership with Microsoft as we work to meet the evolving challenges faced by today's manufacturers ," said Jessica Korpela, director, global customer innovation at Rockwell Automation. ``
Document Source: https://www.businesswire.com/news/home/20241119612919/en/Rockwell-Automation-and-Microsoft-Deliver-on-a-Shared-Vision-to-Accelerate-Industrial-Transformation
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Document Date: Nov. 21, 2024, 9:06 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership:
Document Extract: " By integrating NetApp's industry-leading data management capabilities with Vultr's high-performance global cloud infrastructure, we are enabling enterprises to harness the power of AI while maintaining control over their data assets ." Vultr and NetApp's collaboration tackles these precise concerns through: NetApp ONTAP's built-in encryption, compliance tools, and automated snapshot - based backups ensure data protection and integrity. Vultr's scalable infrastructure combined with NetApp's efficient storage management capabilities provide a cost-effective solution by reducing the need for on-prem resources. NetApp's hybrid multicloud solutions, when combined with Vultr's flexible and open infrastructure help avoid vendor lock-in, and gives customers the freedom to deploy infrastructure based on their needs.
Document Source: https://www.businesswire.com/news/home/20241121705635/en/NetApp-Joins-the-Vultr-Cloud-Alliance-to-Provide-Scalable-Data-Management-for-Enterprise-AI-Workloads
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Document Date: Nov. 21, 2024, 9:06 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Provided_By:
Awarded:
Document Extract: Vultr, the world's largest privately held cloud computing platform, today announced that NetApp, the intelligent data infrastructure company, is the latest company to join the Vultr Cloud Alliance, a partnership program consisting of industry-leading solutions enabling composable AI cloud services. By combining the capabilities of NetApp ONTAP with Vultr's global network of cloud data center locations, organizations can now choose to use NetApp's enterprise-grade data management features while leveraging Vultr's predictable pricing and high-performance infrastructure. The combined solution is particularly well-suited for organizations in data-intensive industries such as financial services, healthcare, manufacturing, and media & entertainment, offering specific optimizations for AI model training, high-performance computing, and research workflows. With the Vultr Cloud Alliance, organizations can customize their infrastructure stack with a composable approach, seamlessly assembling and scaling their modern cloud and AI operations on demand without worrying about vendor lock-in. NetApp joins other alliance members, including AMD, SQream, a next-generation, data analytics and acceleration platform, Qdrant a high-performance vector database with retrieval-augmented generation (RAG) capabilities, Console Connect, which facilitates private, high-speed networking for secure, low-latency data transfer, and Run: ai, an advanced AI workload orchestration platform.
Document Source: https://www.businesswire.com/news/home/20241121705635/en/NetApp-Joins-the-Vultr-Cloud-Alliance-to-Provide-Scalable-Data-Management-for-Enterprise-AI-Workloads
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