Want to get a CEO's dander up? Say his company could be sold to a competitor. The dander is up at UGS PLM Solutions, which parent company EDS is considering selling. There was an initial public offering last October. But since then, there have been rumors that a competitor would buy the company. Not so, says John J. Clendening, the company's senior vice president of marketing communications. EDS is only talking to private equity firms and IPO underwriters, not competitors. Expected price EDS expects to get: more than two times the subsidiary's 2003 revenues of approximately $900 million.
A Tokyo company, Miraisens Inc., has unveiled a device that allows users to move virtual 3D objects around and "feel" them via a vibration sensor. The device has many applications within the gaming, medical, and 3D-printing industries.
In the last few years, use of CFD in building design has increased manifolds. Computational
fluid dynamics is effective in analyzing the flow and thermal properties of air within spaces. It can be used in buildings to find the best measures for comfortable temperature at low energy use.
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