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Dassault Systèmes Acquires IQMS for $425M

Dassault Systèmes (Euronext Paris: #13065, DSY.PA) today announced that it has entered into a definitive agreement to acquire IQMS, a leading manufacturing ERP software company, for $425 million. With the acquisition of the California-based IQMS, Dassault Systèmes extends the 3DEXPERIENCE platform to small and midsized manufacturing companies seeking to digitally transform their business operations.

Machine Tool Orders Reach 20-Year High

Machine tool orders for August through October reached the highest level in more than 20 years, the Association for Manufacturing Technology said today.

Mazak DISCOVER 2019 Draws Thousands of Attendees

More than 2,000 manufacturers from across North America attended Mazak Corporation’s DISCOVER 2019 event held November 5-7 and 12-13 at the company’s North American Manufacturing Headquarters in Florence, Ky.

Have a Clear Strategy Around How You Are Applying IoT?

Most companies do not have a clear strategy for how they are applying IoT, Mark Weatherford, former Deputy Under Secretary for Cybersecurity at the Department of Homeland Security, said at an exclusive roundtable Smart Manufacturing convened recently in Chicago.

Mazak to Demo 30+ Advanced Machining Systems at DISCOVER 2019

At the DISCOVER 2019 manufacturing education and technology event, Mazak Corp. will demonstrate more than 30 manufacturing systems ranging from cost-efficient turning and milling solutions to hybrid technologies that the company says will allow manufacturers to re-imagine part-production operations altogether.

Shop Solves Availability Problem with RoboDrill from Methods

TL Technologies Inc., based in Lancaster PA, opened nine years ago with a vision of becoming a lights out producer of precision machine products. Working out of a 10,000 sq. ft. state-of-the-art facility, they specialize in mid- to high-volume production runs for complex parts with challenging dimensional tolerances.

New Approaches to Making Parts for the Oil Patch

Rod Zimmerman of cutting tool manufacturer Iscar Metals lives in a pleasant green zone in a Fort Worth suburb. Yet within a half mile of his home, an oil company has sunk a vertical hole 7,500′ (2,286 m) deep, from which it has splayed nine lateral lines, each going about half a mile.