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.
The Industrial Internet of Things may be going off the deep end in connecting everything on the plant floor. Some machines, bearings, or conveyors simply donít need to be monitored -- even if they can be.
Wind turbines already are imposing structures that stretch high into the sky, but an engineering graduate student at the University of Notre Dame wants to make them even taller to reduce energy costs and improve efficiency.
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