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.
Days after a massive, distributed denial-of-service attack took down dozens of major websites around the country, ARM Holdings plc is rolling out a pair of new processor architectures aimed at shoring up IoT security.
Dow Chemical and several other companies have launched a program in Omaha, Neb. to divert about 36 tons of plastics from landfills in its first phase, and convert it into energy used for cement production.
Both traditional automation companies and startups are developing technologies to improve processes on the factory floor, while smart sensors and other IoT-related technologies are improving how products are handled during transport and across the supply chain.
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