Automotive component supplier Valeo (www.valeo.com) is celebrating its 80th anniversary since its 1923 inception as the Societe Anonyme Francaise du Ferodo. Originally formed as the exclusive distributor in France of friction materials produced by the UK company Ferodo Ltd., Valeo (Latin for "I'm doing well") entered the U.S. market in 1980 and has since been a supplier of components, integrated systems, and modules for cars and trucks. In 2003, Valeo reported worldwide sales at 10 billion euros.
In a move that strengthens its 3D design business, Stratasys continued a 15-month buying spree this week by announcing its plan to acquire GrabCAD, a provider of a cloud-based collaboration environment for engineers.
Many diverse markets take advantage of semiconductor IP; so many that no one can recite the entire list without leaving off several. So why do we track all the vertical markets? They all have a unique set of requirements and value attributes differently. One major vertical market segment is automotive.
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