Automated Precision

Engineering Tech

ProcessMAP | January 28, 2022

ProcessMAP Corporation, the leading digitization and process transformation platform that empowers customers to minimize Health, Safety, and Environmental (HSE) risks, announced that Sterling and Wilson Pvt. Ltd. (Sterling and Wilson), one of the world's leading Engineering, Procurement and Construction (EPC) companies, leverages ProcessMAP's digital transformation solutions to support its strategic HSE initiatives across all business units, globally. Sterlin...

Bird Construction | February 03, 2020

The CBC reports that leading Canadian general contractor Bird Construction was recently the victim of a cyber-attack and ransom demand from a group known as Maze. The hacker group claims to have stolen 60 gigabytes of data. Bird Construction was founded in 1920. Today it is a publicly-traded company with offices from coast-to-coast in Canada and annual revenue over $1.3 billion (2018). In addition to serving a wide range of institutional and commercial clients, Bird has undertaken multiple contr...

Construction

inteliwell | August 19, 2022

Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it has agreed to join Inteliwell, a joint venture (JV) with Transocean Ltd. (NYSE: RIG), and Intelilift AS, a subsidiary of Nekkar ASA. Inteliwell's mission is to decrease drilling times through rig automation and streamlining of the well construction process using new processes and tools driven by artificial intelligence ("AI"). Inteliwell will offer a suite of applications that will provide an end-to-end...

Products, Engineering Tech

PR Newswire | May 18, 2023

Ansys, the global leader and innovator of engineering simulation software, announced today that it has entered into a definitive agreement to acquire Diakopto. A provider of differentiated EDA solutions to accelerate integrated circuit (IC) development, Diakopto focuses on helping resolve critical issues caused by layout parasitics. The transaction is subject to the satisfaction of customary closing conditions and is expected to close in the second quarter of 2023. It is not expected to ha...