If machine tool consumption is any indication, an economic recovery isn't going to happen anytime soon. Most recent stats indicate a drop-off of nearly 30% compared to 2001, which itself was down from 2000. Year-to-date (through September 2002) total was $1.5 billion. Numbers come from the Association for Manufacturing Technology and the American Machine Tool Distributors Association.
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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