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Trumpf acquires a majority stake in fiber-laser specialists AFS

Active Fiber Systems and Trumpf target synergy effects in research and to further expand their companies' market shares. Trumpf plans to retain and expand the location in Jena, Germany, and the independence of the research-oriented company even after the takeover as majority stakeholder.

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McElhinney appointed as CEO of PowerPhotonic Inc

PowerPhotonic, a manufacturer of wafer scale micro-optics from Dalgety Bay, Scotland, has appointed Mark McElhinney as CEO of its US subsidiary. His initial focus will be quickly establishing US engineering and manufacturing operations that will directly serve the North American defense market.

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Sensopart expands management

Sensopart appointed Marius Westermann as Managing Director Marketing and Sales in October 2021. With his appointment, the management team grows to three members.

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Ulrike Helfferich joins EPIC as COO

EPIC strengthens its team by appointing Helfferich as chief operating officer, to supervise daily business operations lead, key initiatives, and implement organization-wide strategies.

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VDMA: Exports almost back to pre-Corona level

German mechanical and plant engineering increased exports in 2021 by a nominal 9.8 percent to 179.4 billion euros, only slightly below the figure for 2019. The chances of a new record in the current year are therefore good.

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Messe Stuttgart launches AI conference

Messe Stuttgart has recently added a congress on artificial intelligence to its program with AI Fusion. The inaugural event will take place on September 29 and 30. In addition to presentations, an exhibition and networking opportunities will be offered.

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Sigmatek receives new management

Two of Sigmatek's four managing directors are retiring from active company management. The Salzburg company is now managed by Marianne Kusejko and Alexander Melkus.

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Lapp closes financial year with strong growth

The company's turnover increased by 26.1 percent to 1,423 million euros. The number of employees worldwide increased by 7.2 percent to 4,586 employees and earnings before taxes (EBT) even improved by 177 percent to 82 million euros.

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AMD completes acquisition of Xilinx

AMD has completed the acquisition of Xilinx. It is considered the largest in the history of semiconductors. The Xilinx business becomes the Adaptive and Embedded Computing Group (AECG) led by former Xilinx CEO Victor Peng.

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Thomas Berger becomes CEO at Harmonic Drive

Berger will take over the position of CEO of Harmonic Drive SE from the beginning of March. He is the successor to Norimitsu Ito, who has been on the board of Harmonic Drive SE since 2017.

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Siemens joins the EDA Alliance program

Siemens Digital Industries Software is a founding member of the Intel Foundry Services (IFS) Accelerator EDA Alliance. This is a program to build an ecosystem for the design and manufacture of System-on-Chips (SoCs) manufactured by IFS.

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Jenoptik to continue strong growth in fiscal year 2021

According to preliminary calculations, Jenoptik achieved total sales of 895 million euros in fiscal year 2021, an increase of a good 16 percent compared to the previous year. If the contribution to sales made by the sold Vincorion is excluded, revenue growth even amounts to around 22 percent to 750 million euros.

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Laser processing unit for highly reflective materials

The consortium of four partners sees the project ‘GreenPls’ as a great opportunity for Germany as a manufacturing location. The results of are intended to give small and medium-sized companies in particular access to new product fields and sales markets in the changing automotive industry.

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AutomationsBest Award

AutomationsBest Award

The AutomationsBest Award is now entering its 4rd round. The award will be presented at SPS - Smart Production Solutions in Nuremberg.