Company News
Verizon has been recognized as a pioneer in the first-ever Gartner Magic Quadrant for 4G and 5G Private Mobile Network Services, the only U.S.-based mobile carrier to be placed in the Leaders Quadrant. Pioneers are recognized for a combined assessment of the Ability to Execute and Completeness of Vision related to their activity in the private mobile network services market. Verizon’s core competency Gartner defines 4G and 5G PMN services as private wireless network deployment &ldquo...
GlobalLogic Inc., a Hitachi Group Company and leader in Digital Engineering, announces that GlobalLogic’s Chief Business Officer (CBO) and Head of Global Industries, Srinivas (Srini) Shankar has been appointed its new President and CEO, effective February 3, 2025. Srini will succeed Nitesh Banga, who has decided to step down to pursue new opportunities outside of Hitachi and GlobalLogic. Nitesh joined GlobalLogic in June 2018. His leadership and expertise helped GlobalLogic achieve signif...
Siemens has installed and commissioned the world’s first 8DAB 24, the ground-breaking blue GIS medium-voltage system, in the Alpine town of Davos, Switzerland for its customer - EWD Elektrizitätswerk Davos AG. The switchgear system, which uses Clean Air as insulating gas instead of sulfur hexafluoride (SF6), is deployed in the Dorf substation in Davos, securing reliable power supply for up to 40,000 people. SF6-free solution The Fluor-gas-free blue GIS portfolio was launched by Sie...
The National Fire Protection Association® (NFPA®) released its third annual Industry Trends Survey, which reveals skilled worker sentiments around the current state of labor, training, and technology on the job site. The survey provides a look at what the skilled trades industry can expect in each of these areas in 2025. skilled labor shortage: top concern in 2025 Exactly half of skilled tradespeople identified a shortage of qualified candidates as the top challe...
Siemens Mobility has been awarded four significant contracts by HS2 Ltd and will join key contractors under the Rail Systems Alliance. Siemens Mobility will play a crucial role in the delivery and operation of the new 225-kilometer-long British high-speed railway that will connect London and the West Midlands. Capacity and energy efficiency For the first time, Siemens Mobility will implement wayside Automatic Train Operations [ATO] over the European Train Control System [ETCS] Level 2 on a hi...
Ameren Missouri. will continue providing customers with opportunities to save money and energy after the Missouri Public Service Commission (PSC) recently approved the company’s revised multiyear energy efficiency and demand response plan, under the Missouri Energy Efficiency Investment Act (MEEIA). Program portfolio The energy company’s portfolio includes the continuation of familiar programs for residential customers, including Peak Time Savings, instant discounts on smart...
To maintain the grid and deliver reliable power during times when the members typically consume the most energy, CORE applies a demand charge to most accounts. Starting with March 2024 bills, the demand charge for residential members will be $3 multiplied by their peak demand, which is the highest amount of usage (in kilowatts) that occurs within one 60-minute period during the 'on-peak' hours between 4 p.m. and 8 p.m. Power-hungry devices For non-residential members, the demand charge varies...
The U.S. Air Force (USAF) has selected Verizon Business to install 5G and/or 4G LTE network enhancements on 35 Air Force installations located throughout the United States. network solutions Through the Air Force’s Offer to Lease (OTL) program, Verizon Business will deliver network enhancements like C-Band carrier adds, new macro builds, and small cells. Verizon’s network solutions will bring higher speeds, increased bandwidth, and lower latency for base personnel and the surrou...
GlobalLogic Inc. is pleased to announce the opening of a new Security Operations Center (SOC) in Kraków, Poland that utilizes the capabilities of Hitachi Cyber. This announcement comes as organizations face a critical moment in cyber security, with the start of 2025 bringing heightened risks from AI-driven attacks, ransomware-as-a-service, and supply chain vulnerabilities. According to recent reports by ENISA, cyber incidents across Europe have doubled in the past year, and the impact on...
Siemens launched Siemens for Startups, a new program to empower early-stage engineering and manufacturing startups. Announced at CES 2025 in Las Vegas, the program will enable new innovative companies to accelerate innovation, streamline development processes, and scale faster by providing venture-related services, while reducing the cost of access to Siemens software and hardware. competitive, sustainable, and resilient "Startups are essential to making our customers more competitive, sustai...
Siemens, a technology company announced an innovative collaboration with Spinnova, a sustainable textile technology company, to help transform the textile industry with sustainable fiber production. This collaboration underscores Siemens' strategic commitment to driving sustainability and digitalization in manufacturing industries. sustainability and digitalization Spinnova is known for its groundbreaking technology for producing textile fibers with minimal environmental impact and has teamed...
Hunt’s Chief Operating Officer Keith Colvard recently announced the promotion of Jim Monroe to Operations Manager of Hunt’s Duluth branch! Jim’s love of electronics started early, and he has always enjoyed the challenge of understanding circuits and troubleshooting things. After high school, he joined the Air Force, where he worked as an Avionics/Electric Welfare technician for four years before transitioning to the 148th Fighter Wing in Duluth. He then spent 12 years a...
One Equity Partners (“OEP"), a middle market private equity firm, announced that it has completed a majority investment in Comau S.p.A. (“Comau”), making Stellantis an active minority shareholder. Comau is a global technology company specializing in industrial automation and advanced robotics. As previously communicated, Comau's Executive Chairman Alessandro Nasi, and Chief Executive Officer Pietro Gorlier will continue pioneering the company and its future grow...
Earlier this month, as part of National Lineworker Appreciation Day, they celebrated the teams that work every day to keep CORE’s best-in-class system delivering safe, reliable power to the members. CORE’s aggressive system improvement and wildfire mitigation programs mean crews spend their days repairing or replacing electrical lines and components. Power interruptions Crews are always prepared for outage response, everyday unexpected power interruptions, as well as outages due...
In an effort to reduce electricity costs and enhance the reliability of their electrical distribution system, Bergen County Utilities Authority (BCUA) established a cogeneration system at their facility in Hackensack, NJ. As part of this project, the engineers and field service team collectively designed, developed, and implemented a turnkey solution to meet the customer’s requirements. Reason for assessing a demand charge The reason for assessing a demand charge is attributed to the ov...
Mitsubishi Electric Corporation announced that it signed a memorandum of understanding (MOU) to explore joint business in selected defense and space fields with Bengaluru-based Bharat Electronics Limited, a renowned manufacturer of defense electronics and public systems under the Indian Ministry of Defense, and Bengaluru-based MEMCO Associates (India) Private Limited, a marketing and contract representative of Mitsubishi Electric in India. The MOU envisages identifying opportunities for the man...
Mitsubishi Electric Mobility Corporation announced that it has entered into a capital and business partnership with Seeing Machines Ltd. Seeing Machines, a renowned Australian DMS software provider, to expand its Driver Monitoring System business, which supports safe driving by detecting driver distraction and drowsiness. In the Transaction, Mitsubishi Electric Mobility will invest a total of 40.0 million GBP and subscribed to 15% (13% on a diluted basis) of newly issued shares through a third-...
Smartkem, which is seeking to change the world of electronics using its disruptive organic thin-film transistors (OTFTs), announced it has completed its previously announced concurrent public and private offerings of its securities, including shares of its common stock and common stock equivalents, for an aggregate total gross proceeds of $7.65 million. Smartkem issued 1,449,997 registered shares of common stock and unregistered Class D warrants to purchase up to 1,449,997 shares of common stoc...
Intelligent power management company - Eaton announced that Lucy Clark Dougherty has been named General Counsel, effective January 27, 2025. Dougherty will succeed Taras 'Terry' Szmagala Jr. as Executive Vice President and Chief Legal Officer upon his retirement, effective April 4, 2025. In this role, Lucy Clark Dougherty will serve as counsel to Eaton’s executive management team and its Board of Directors, and will lead the company’s global legal organization, including the Corpora...
In an era where bytes travel faster than sound waves, the communications industry stands at the vanguard of digital transformation. From fiber optic cables snaking across the seas to the expanding forests of 5G towers, the communications sector is powering innovation across lives, industries and societies. The 5G quantum leap: From faster downloads to redefining industries The fifth generation of mobile networks isn’t just about faster downloads - it's a seismic shift The fifth gen...
Mitsubishi Electric Corporation announced that it acquired a stake in Synspective Inc., a Tokyo-based startup company that develops and operates small synthetic aperture radar (SAR) satellites and provides solutions based on satellite data, on December 16. The companies recently signed a strategic partnership memorandum to build a satellite constellation and sell satellite images for national security purposes. Synspective's SAR satellites Mitsubishi Electric aims to sell satellite images for...
Mitsubishi Electric Corporation announced that its wholly-owned subsidiary Mitsubishi Electric Europe B.V. concluded an agreement on December 18 to acquire all shares of Crystal Air Holdings Limited, headquartered in Kildare, Ireland, an air-conditioning installation and maintenance company. By acquiring Crystal Air's extensive European business network, installation and maintenance capabilities, Mitsubishi Electric will be able to meet the growing demand for IT Cooling for data centers across...
In this fast-evolving infrastructure landscape, businesses and organizations demand seamless, integrated, and highly efficient systems to manage their operations. Extra Low Voltage (ELV) systems and Integrated Building Management Systems (IBMS) play a pivotal role in modern infrastructure, ensuring safety, efficiency, and connectivity across residential, commercial, and industrial spaces. While these systems are critical, managing them through multiple service providers often leads to challenge...
Ameren Corporation announced that Steven O. Vondran has been elected to the Ameren Board of Directors, effective January 1, 2025. He is the President and Chief Executive Officer of American Tower Corporation, a global real estate investment trust and independent Owner, Operator and Developer of multitenant communications real estate with a portfolio of over 148,000 communications sites and a highly interconnected footprint of U.S. data center facilities. Steven O. Vondran has held various lead...
L&T Construction & Mining Machinery and Komatsu launched the Komatsu PC35MR-3 Mini Hydraulic Excavator at BAUMA CONEXPO INDIA 2024. The launch marks a major step in providing economical and sustainable solutions to the changing demands of the Indian construction industry, especially in urban infrastructure and agricultural-land development. Top-notch reach capabilities Combining power and compactness, PC35MR-3 is perfect for precise work in confined spaces. Fuel-efficient, easil...
Arrow Electronics, Inc. announced that Lawrence (Liren) Chen has joined the company’s Board of Directors and has been appointed a Member of the Board’s Audit Committee. The addition of Lawrence Chen will increase the total number of Directors on the Board to 10. Lawrence (Liren) Chen Lawrence Chen is President, Chief Executive Officer, and a Member of the Board of Directors of InterDigital, Inc., a global research and development company focused primarily on wireless, video, artif...
Siemens, a technology company, and SuperTrak CONVEYANCE™, a market pioneer in linear motion conveyance, announced a new strategic collaboration to maximize product range and machine throughput and shorten cycle time for machine building and manufacturing customers. The companies partnered to offer the market a smart conveyance system that can be installed as a transport technology on production machines and it’s also integrated in the TIA Portal. The carriers are powered by linear m...
A ground-breaking ceremony was held by Axpo and its partner shareholders in the H2Uri company to mark the start of construction on a new green hydrogen production plant in Bürglen, central Switzerland. The facility will be Axpo's second such plant in the country. From 2026, green hydrogen from the 2 MW plant will fuel the first hydrogen passenger vessel on Lake Lucerne, as well as other applications. hydrogen production plant The plant will be located adjacent to the EWA-Energi...
Following the closing of the 6th edition of their internal well-being ‘Moving Challenge’ program, GlobalLogic have successfully reached their common team target to unlock a company donation. As a result, they are glad to support two healthcare initiatives with a total of 20, 000$. GlobalLogic donates for social projects These social projects were proposed and voted on by their colleagues participating in the ‘Moving Challenge’ from a selection of 18 causes: Hospice...
GlobalLogic Inc., a Hitachi Group Company and a major in digital engineering, has announced that it is partnering with Nokia to accelerate the adoption of advanced 5G and 4G enterprise solutions. Through Nokia’s Network as Code platform and developer portal, GlobalLogic will drive innovation across key enterprise verticals, with an initial focus on the automotive, industrial and financial sectors, creating transformative use cases that deliver measurable business value. GlobalLogic and N...