News » World News Emerson exits climate tech in $14bn deal to focus on automation
Emerson is selling a majority stake in its Climate Technologies business to the private equity firm Blackstone in a transaction that values the business at $14bn. Emerson plans to become a “pure play” global automation company serving a variety of markets. It claims that, together with AspenTech – the industrial software developer in which it took a 55% stake for $6bn earlier this year – it has the industry’s most comprehensive portfolio of advanced automation technologies and software.
Taiwan’s Yageo buys Telemecanique Sensors for €723m
The Taiwanese electronic component and service provider Yageo Corporation is buying Schneider Electric’s Telemecanique Sensors business in an all-cash deal that values the business at €723m ($729m). Schneider will grant Yageo a license to use the Telemecanique Sensors name, and Yageo will acquire the relevant patents.
Siemens’ Malaysian acquisition spawns electrical design SaaS
Following its recent acquisition of a Malaysian software developer, Siemens has launched a cloud-based electrical design package that, it says, will allow designers and engineers to create electrical schematics easier and faster, using any device, for a low monthly cost. The Capital Electra X product is being offered on a SaaS (software-as-a-service) basis and is aimed at SMEs (small to medium sized businesses).
Automation platform will generate new business for OEMs
Lenze has announced an open automation platform that, it says, will help machine-builders to develop new business models and offer new digital services, without needing to be IT experts. The German automation supplier says that the platform, called Nupano, will let machine-builders take advantage of the opportunities arising from the convergence of operational technology (OT) at the machine control level with IT, to tap into new sources of revenue.
Industrial robot sales hit new high in 2021 – but UK sales fall
The number of industrial robots installed around the world hit last year an all-time high of 517,385, representing a 31% year-on-year expansion. The number was 22% higher than the pre-pandemic record of 422,000 reached in 2018, and took the total number of operational robots around the globe to a new record of around 3.5 million.
Mars makes plans for cloud-based ‘factories of the future’
Mars, the global manufacturer of confectionery, food, and pet care products, which employs more than 140,000 people in more than 80 countries, has announced plans for a new cloud-based platform for its manufacturing, data-handling and artificial intelligence (AI) operations that will lay the foundation for its vision of the “factory of the future”.
Rockwell buys Danish modular switchboard specialist, Cubic
Rockwell Automation is buying Cubic, a Danish company that produces modular systems for constructing electrical panels. Rockwell says that combining Cubic’s flexible systems with its own intelligent devices and expertise will achieve faster times to market for intelligent motor controls, and help to generate smart data for users. The terms of the transaction have not been revealed.
ABB takes stake in Dutch machine monitoring specialist
ABB is taking a 10% stake in Samotics, a Dutch specialist in analysing the health of rotating machines, and has entered a long-term strategic partnership with the company to provide enhanced condition-monitoring services. They aim to reach the next level of condition-monitoring by co-developing advanced digital services focused on energy efficiency and operational resilience. As a first step, ABB will integrate Samotics’ plug-and-play monitoring technologies into its portfolio by the end of 2022 as part of its services for rotating equipment.
ABB rebrands AMR line-up following its purchase of Asti
Following its acquisition last year of the Spanish autonomous mobile robot (AMR) manufacturer Asti Mobile Robotics, ABB Robotics is rebranding its AMR portfolio under the Flexley name. The first models to be released, Flexley Tug and Flexley Mover, cover applications such as towing, trolley transportation for loads of up to 2,000kg, as well as lifting and transporting racks, containers, and pallets up to 1,500kg.
SPS expects 1,100 exhibitors after three-year absence
The SPS (Smart Production Solutions) automation megashow will return to its Nuremberg venue in Germany in November for its first physical show since 2019, with the organisers hoping to attract around 1,100 exhibitors, compared to the 1,585 in 2019. Last year, the exhibition had to be cancelled at the last minute because of soaring Covid rates in Bavaria.
Smart linear conveyor system sales will hit $1bn by 2026
The global market for “smart” production line conveyor systems – both linear and planar – is outpacing the general manufacturing and machinery market and will expand from $300m in 2021 to almost $1bn by 2026, according to new research by Interact Analysis. Sales grew by 27% in 2021 and are likely to expand by a further 36% this year, it reports. Over the period 2021-206, it expects the linear market to achieve a CAGR of 26.5%.
Firms plan to invest in automation, but training is lagging
An ABB survey of business leaders in Europe and the US has revealed that most are planning to invest in automation and to re-shore their manufacturing operations in the next few years. But another survey, also conducted by ABB, has discovered a lack of investment in the education and training needed to develop the skills needed for the increasingly automated and connected workplaces of the future.
Timken buys GGB Bearings from EnPro for $305m
The Timken Company is buying the metal-polymer plain bearings producer GGB Bearing Technology from EnPro Industries for $305m in cash. Timken says that GGB’s expertise in plain bearing coatings complements its own strong positions in roller and ball bearings. GGB's products are used mainly in industrial applications, including pumps and compressors, HVAC, off-highway, energy, material handling and aerospace.
€50m centre will include flexible motor production plant
Schaeffler is investing €50m in a new centre of excellence for electrified mobility at its Automotive Technologies headquarters in Bühl, Germany. The new complex will consist of two buildings connected by a bridge. It will cover a floor area of 15,000m2, providing space for around 400 employees to work collaboratively on customer projects and develop new systems for electric powertrains.
Magnax raises €20m to boost development of axial-flux motors
The Belgian axial-flux motor developer Magnax has raised a further €20m of funding which it plans to use to accelerate product development, expand its engineering team, and enhance support for its customers and partners. The latest funding, from two new investors, brings the total capital raised by Magnax to date to €36m.
