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Universal Fastening System (UFS), | November 01, 2021
A true engineering breakthrough by Universal Fastening System (UFS), announcing versatile designs for the fastener industry. UFS is a leader in design and engineering of proprietary technology including high performance drive systems for fastening applications in ALL industries; medical, automotive, aerospace, construction, marine, furniture, electronics using manual as well as robotic processes. This concept is a true game-changer.Imagine this: The best qualities of a screw, a bolt, a nut, and ...
CONSTRUCTION
Sterling | January 06, 2022
Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) entered into a Stock Purchase Agreement and closed on the acquisition of Petillo Incorporated and its related operating entities (collectively “Petillo”), on December 30, 2021. Petillo is a leading specialty site development solution provider in the Northeast and Mid-Atlantic. Founded in 1994 by owner and CEO Michael Petillo, Petillo has seen compound revenue growth from 2017 to...
ROBOTICS AND AUTOMATION
Genesis Robotics and Motion Technologies | June 08, 2022
Genesis Robotics & Motion Technologies, the maker of LiveDrive®, the world's greatest torque density direct drive motor for robotics and automation, has opened an office in Frankfurt, Germany, to better service the highly inventive and constantly increasing European market. Genesis Europe's General Manager has been named Matteo Stagni. Stagni has over 20 years of robotics, motion, and industrial automation experience in a variety of markets and enterprises, including his last emp...
Bentley Systems | November 18, 2021
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, announced that it has entered into a definitive agreement to acquire Power Line Systems—a leader in software for the design of overhead electric power transmission lines and their structures—from private equity firm TA Associates for approximately $700 million. The consideration is payable, at BSY’s election, in cash or a combination of cash and BSY stock. As an established subscriptio...
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