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.
Sciaky, provider of electron-beam additive manufacturing (EBAM) services, will start selling these machines commercially in September. The company has used its EBAM 3D printing technology for making very large, high-value, metal prototypes and production parts for aerospace and defense OEMs.
At this year’s Google I/O, the spotlight was pointed on gender inequality in the high-tech industry. Google has established a new initiative that it hopes will even out the playing field, Made w/Code. Part of this initiative will fund free online courses in basic coding.
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