Industry News

Indra Gains Pleidaes Space Contract

In a contract with the Spanish Ministry of Defence worth €13.7 M, to be concluded in three years, Indra will develop, integrate and implement the ground segment of the Pleidaes Space Programme, a French constellation of high-resolution optical satellites for Earth observation. The systems to be implemented by Indra...
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Motorola to Create Two Companies

Motorola’s Board of Directors has commenced a process to create two independent, publicly-traded companies. The move follows evaluation of the structural and strategic realignment of the company’s businesses and represents affirmative steps to position its Mobile Devices and Broadband & Mobility Solutions businesses for success, while creating value for...
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TNO and SINTEF Strengthen Collaboration

Research organizations TNO (the Netherlands) and SINTEF (Norway) have signed a Memorandum of Understanding (MoU) to develop and market their joint services in a number of fields of technology. The agreement was signed by Tini Colijn, member of the TNO Board of Management, and Unni M. Steinsmo, president and...
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ANSYS to Acquire Ansoft

ANSYS and Ansoft Corp. have signed a definitive agreement whereby ANSYS will acquire Ansoft for a purchase price of approximately $832 M in a mix of cash and ANSYS common stock. Under the terms of the agreement, which was unanimously approved by the Boards of Directors of both companies,...
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