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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.

Aerospace Machining Solves Challenges Big and Small

Aerospace machining encompasses machines small and large. These range from the Tornos SwissNano to the Makino MAG3, as Rich Sullivan put it. He is the OEM manager for Iscar Metals Inc., Arlington, Texas.

Deep Hole Drilling Aids Change in Auto Manufacturing

The future of the auto industry is interesting but uncertain. No one knows how quickly electric vehicles are going to replace gasoline- and diesel-powered vehicles, how completely it will happen, and when it will occur in passenger cars as opposed to SUVs and heavy trucks.

Right Number of End Mill Flutes Equals Machining Wins

When it comes to the number of flutes on an end mill, the right choice always depends on machine tool capabilities, material properties and part design. Shops that select the wrong number of flutes—or use a tool simply because they own it—may be disappointed to find that their part quality, tool life or both will suffer.

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.

ARCH Global Precision Acquires Siem Tool Co.

ARCH Global Precision, Bloomfield Hills, Mich., a Jordan Company platform company focused on manufacturing cutting tools, machined components and medical implants and instruments, has acquired Siem Tool Co., Latrobe, Pa. Siem Tool is a manufacturer of custom solid-carbide drills, end mills, reamers, thread mills and form tools. Siem Tool will join ARCH’s Cutting Tools division.