Wartsila

Formula One | March 30, 2020

Mercedes Formula One engineers and researchers at University College London have together created a coronavirus breathing aid in less than 100 hours that has been approved for use within the UK's National Health Service. Since March 18, the researchers and engineers have been working to develop the breathing devices together with clinicians at UCL Hospital, where they will now undergo clinical trials. The aids have already been cleared for use by the UK's regulator, the Medicines and Hea...

ENGINEERING TECH

DuPont | November 02, 2021

Rogers Corporation (NYSE:ROG) announced that it has entered into a definitive merger agreement to be acquired by DuPont (NYSE: DD) in an all-cash transaction that values Rogers at approximately $5.2 billion.The transaction delivers substantial value to Rogers’ shareholders, who will receive $277 in cash per share, representing a 33% premium over Rogers’ closing share price on November 1, 2021, and a 46% premium to the 1-month volume weighted average share price. ...

CONSTRUCTION

Lennar & Veev | November 19, 2021

Lennar, one of the nation's leading homebuilders, and Veev, a pioneer in vertically integrated end-to-end panelized building technology that enhances every aspect of the living experience, committed to a new residential community as a follow-on to Lennar's investment in Veev's $200-million financing rounds. The new Northern California community of 102 attached homes is expected to break ground in the coming months and will be the largest community to date exclusi...

ENGINEERING TECH

Procore | June 14, 2021

Procore Technologies, Inc., a leading provider of construction management software, announced an enhanced Pre-construction solution at today’s Procore Innovation Summit. This solution connects people, designs, and data across pre-construction and the course of construction on Procore’s platform, with analytics tools to support the entire process. According to a 2018 study conducted by FMI, correcting work that was incorrectly done or rework cost over $500 billion in 20...