ENGINEERING TECH

Kioxia to Acquire Chubu Toshiba Engineering

Kioxia | March 07, 2022

Kioxia Holdings Corporation has entered into a definitive agreement with Toshiba Digital Solutions Corporation (a subsidiary of Toshiba Corporation TSE:6502) to acquire all of the outstanding shares of its subsidiary, Chubu Toshiba Engineering (CTE) Corporation, to further strengthen Kioxia Group’s technology development capabilities. Acquisition of the shares will be completed in the first half of 2022, following completion of the necessary procedures, and CTE will become a wholly-owned subsidiary of Kioxia Corporation.

Specializing in semiconductor related hardware and software design, prototyping and evaluation, CTE is well-experienced in semiconductor manufacturing technologies covering areas from development to mass production while building sophisticated technical capabilities over many years. The firm has also provided its engineering services to Kioxia Corporation in the past. Integrating CTE brings in-house highly experienced engineering talent in semiconductor development while enabling cost efficiencies which together will improve enterprise value. The acquisition will enhance Kioxia’s technology development capabilities, as well as deliver synergies across the design, operation, and production of its manufacturing plants.

Kioxia is cultivating a new era of memory with its world class solutions, as it strives towards the mission of “uplifting the world with memory”. The company remains committed to developing initiatives to strengthen the competitiveness of its memory and SSD business.

About Kioxia
Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. Kioxia is committed to uplifting the world with memory by offering products, services and systems that create choice for customers and memory-based value for society. Kioxia's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, SSDs, automotive and data centers.

Spotlight

Companies are currently experiencing the shock waves of automation moving at high speed to disrupt businesses, energizing them to rework some of their priorities and in turn, to future-proof themselves.


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CONSTRUCTION

Extracker to showcase innovative COR communication platform at ENR FutureTech

Extracker | June 03, 2022

Extracker, the construction industry's only change order communication platform, which supercharges manual workflows and connects companies outside of their internal-facing financial software, will exhibit its innovative COR and digital T&M Tag platform at ENR FutureTech, June 8-10 in San Francisco. ENR FutureTech is the construction industry's premier technology forum for connecting with leaders in the construction tech, architecture and engineering spaces. The two-day event will focus on exploring the latest innovations in construction technology. For general contractors, subcontractors and project owners to effectively communicate Change Orders and minimize risks, they need a digital platform that streamlines these processes. As we continue to help the industry make massive efficiency gains, digital CORs and T&M Tags are a way for every stakeholder involved, from project teams to executive leadership, to create, track and share COR data in one place." Cameron Page, founder and CEO of Extracker "Especially in times of tighter margins for the industry, Extracker provides contractors a necessary tool that creates consistency and transparency on project financials, so all stakeholders can stay up-to-date on Change Orders and cost exposure at all times." As a cloud-based software, Extracker helps contractors organize change order communication to speed up processing time, close out extra work faster, and maintain better customer relationships. This year, Extracker has announced several upgrades and integrations that will empower contractors to eliminate unnecessary risks, stay on budget and increase transparency between all stakeholders throughout the lifecycle of a project. "At Extracker, we are always evolving and finding innovative ways to better equip our customers with the tools they need." Page said. "With our presence at ENR, we want to show Innovation and IT leaders that Change Orders don't have to cause headaches or waste time. They can be finished in real time and with greater accuracy with the click of a button." About Extracker Extracker's mission is to help the commercial construction industry get extra work processed and closed faster in order to reduce risk, waste less time, and increase transparency. This is done through the industry's only Change Order Communication Platform, which supercharges extremely manual workflows and connects companies outside of their internal financial software to resolve change orders in real-time. Along with a collaborative cloud-based log, Extracker includes digital Time and Material Tags, standardized Change Order Templates, trackable Change Notifications, and more, to organize and streamline the process.

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ENGINEERING TECH

Datumate signs a strategic distribution agreement with Hitachi Solutions, Ltd. for the construction market in Japan

Datumate | May 19, 2022

Datumate, an infrastructure construction software company and developer of the DatuBIM cloud-based Construction Data Analytics platform, announced today a new strategic distribution partnership with Hitachi Solutions, Ltd., a subsidiary of the Tokyo-headquartered multinational conglomerate Hitachi Group and a leading systems integrator in Japan. The multi-year strategic partnership agreement entails that Hitachi Solutions, Ltd. will integrate Datumate's construction analytics platform into its professional service offering to the Japanese infrastructure construction market. The DatuBIM platform will be used by major Japanese contractors in the building of roads, highways, railways and other critical transportation infrastructure. Hitachi Solutions' decision to partner with Datumate follows rigorous testing of other construction data analytics solutions. Following successful trials of DatuBIM in Japan and confirmation of value and product market fit by leading contractors, Hitachi Solutions declared their decision to proceed with Datumate. "We're absolutely thrilled to be partnering with Hitachi Solutions. DatuBIM generates engineering digital-twins of the construction site to enable collaborative monitoring of construction processes, reduce uncertainty, boost efficiency, and deliver infrastructure projects safely, on time and within budget," Tal Meirzon, CEO of Datumate "Japan is home to some of the world's most impressive transport infrastructure projects. We are always looking for experienced local engineering partners to facilitate digital construction transformation for general contractors and project owners, and Hitachi Solutions fits the bill perfectly." Already a leading system integrator in Japan, Hitachi Solutions has a rich history of providing their clients with tier-1 professional services and support. The complete service package tailored for infrastructure construction now combines a cutting-edge construction data analytics platform and world-class value-added services, translating into end-to-end digitization of the construction planning and execution process. "In Japan, construction infrastructure projects are carried out with extra care and precision down to the last detail. Our partnership with Datumate introduces a first-rate platform into our professional service offering. It enables us to continuously and accurately compare digital As-Built versus Design to an unprecedented degree, and to continue to lead the way in Japan's tech-driven construction infrastructure sector," said Bahadir Gultekin Ph.D., Director, Business Promotion & Alliances Sustainable City Business Division at Hitachi Solutions. DatuBIM provides infrastructure construction companies and project owners with a complete job site mapping, measurements, predictions and corrective actions solution that empowers their teams to make data-driven decisions and: remotely and collaboratively monitor project progress over time, with survey-grade accuracy increase transparency, accountability, and efficiency compare digital As-Built vs. Design and Schedule Plan receive automated engineering reports supervise teams, assure quality, and control bills track progress, detect deviation and prevent costly rework About Hitachi Solutions, Ltd. Hitachi Solutions, Ltd., headquartered in Tokyo, Japan, provides value-driven services throughout the IT life cycle from systems planning to systems integration, operation and maintenance. Hitachi Solutions delivers products and services of superior value to customers worldwide through key subsidiaries in China, Asia, the United States and Europe. The flagship company in the Hitachi Group's information and communication system solutions business, Hitachi Solutions also offers solutions for social innovation such as smart cities. About Datumate Datumate is a construction technology (ConTech) company offering a cloud-based 4D infrastructure construction data analytics platform. Our AI Construction Engine (ACE) analyzes multi-dimensional data models consisting of digital as-built, design and project schedules. It provides deviation analysis and predictive intelligence to reduce uncertainty and accelerate project delivery. Trusted by departments of transportation, project owners and general contractors, our platform effectively digitizes the infrastructure construction site, enabling collaboration, monitoring and control over design validation, construction progress and inspection processes. This dramatically reduces construction lifecycle costs while improving efficiency and overall quality.

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ENGINEERING TECH

ECOX Spruce Construction Secures License to Launch Green Infrastructure Operations

Eco Innovation Group | May 12, 2022

Eco Innovation Group, Inc. an innovative company developing green energy solutions, announces that ECOX Spruce Construction, Eco Innovation Group's California-based green construction subsidiary, has been issued an official General Contractor's License by the State of California (License no. 1091210). According to the California Department of Consumer Affairs Contractors State License Board (CSLB) page, businesses and individuals who construct or alter any building, highway, road, parking facility, railroad, excavation, or other structure in California must be licensed to perform work. The license was issued on Friday, May 6, 2022. As previously communicated, ECOX Spruce Construction plans to focus primarily on Green Infrastructure projects. "Obtaining a GC License is the initial step for our ECOX Spruce Construction subsidiary formed early this year, and it will allow us to expand operations in the rapidly growing Green Infrastructure space, Our focus on ecologically sustainable infrastructure is core to the ECOX business. Large chains such as Starbucks, for example, are actively building out locations in California to be resource positive, using solar infrastructure, additional efficiencies, and reclaimed wood construction. A growing number of major organizations are moving in the same direction." Julia Otey-Raudes, CEO of Eco Innovation Group The Company expects the trend toward ecologically sustainable construction to accelerate as fossil fuel prices soar and the ESG movement continues to put pressure from a financial direction on companies to transition to more sustainable infrastructure models. The RE100 is a group of more than 360 companies worth more than $2.75 trillion in revenues that have pledged to fully transition to renewable energy. Starbucks is one of many participants in the group that has already achieved this milestone, along with Microsoft, Clif Bar & Company, and SAP. Otey-Raudes continued, "We believe the trend toward green construction is only in its very early innings and has the potential to become one of the most powerful growth opportunities over coming years for the application of new capital and resources. Now that we have our GC License in California, we can aggressively attack this market opportunity with the objective of becoming one of its true leaders in the decade ahead." ECOX Spruce Construction, Inc., was founded as a California corporation in January 2022. It is ECOX's second green construction subsidiary, following the 2021 establishment of the Company's Canadian construction company, Spruce Engineering and Construction of Alberta. About Eco Innovation Group Eco Innovation Group was founded by Inventors and Business Professionals to help nurture and catalyze the most innovative and impactful products and services, and to deliver those innovations to the world, improving the quality of life in our communities and the world around us, while delivering value to our shareholders. At ECOX, we are dedicated to developing and commercializing successful products. But we will never lose sight of the fact that we exist, first and foremost, to help people and improve life on the planet we all share. We take our Social Responsibility Contract seriously in all our endeavors. It is not only what we do. It is who we are.

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ENGINEERING TECH

HFA Architects and Engineers, LaFreniere Architects Form Strategic Alliance

HFA Architects & Engineers | June 17, 2022

HFA Architects and Engineers and LaFreniere Architects are joining forces to help clients seize new opportunities in mixed-use and multifamily residential development. The strategic alliance combines HFA's fully integrated approach to architecture, engineering and construction with LaFreniere's expertise in designing apartments, condos, hotels and other buildings that encourage engagement. LaFreniere Architects was founded by John LaFreniere, AIA, NCARB, Principal, who studied sociology at Cornell University before earning his master's degree in architecture from Harvard. Services include: Full service architectural and interior design Development feasibility studies Site planning and 3D modeling Structural and MEP/FP engineering Permitting assistance Construction administration Collaborating on multifamily projects in New England has already been an immediate win-win for both firms, said Ed Damphousse, an HFA Client Partnerships Lead based in Franklin, Massachusetts. HFA has been able to rapidly accelerate its growth into the mixed-use and multifamily markets, with existing and new clientele, by elevating its expertise through its alignment with LaFreniere Architects. HFA provides LaFreniere with additional horsepower, integrated in-house engineering, and the ability to pursue larger projects in an expanded geography. Working together has been seamless and we are extremely excited about what the future holds for this collaboration." Ed Damphousse, an HFA Client Partnerships Lead based in Franklin, Massachusetts The two entities will continue to operate independently, but their collaborative work will run through HFA's 50-person studio in Franklin, Massachusetts, under the guidance of Aksel Solberg, HFA Development Design Studio Lead, AIA, NCARB, and John LaFreniere, who is based in Cambridge. Additional key team members include HFA's James Owens, Vice President, AIA, NCARB, and Giancarlo Botazzi, Discipline Lead / Sr Structural Engineer, P.E., SECB; as well as LaFreniere Architects' Sadmir Ovcina, a veteran architectural designer.  The multidisciplinary collaboration stands to help developers cope with one of their biggest challenges—rising construction costs, LaFreniere noted. "When you work with a close-knit team with broad-based expertise, you're more likely to have well-coordinated design and construction documents, fewer change orders and a faster process," he said. Integrative collaboration is even more critical now that complex housing engineering systems are set to play a more prominent role, the architect explained. In the Northeast and around the country, tough new building codes call for fresh-air ventilation, unified heat pump systems, extensive building insulation and other changes. "Efficient, integrated engineering has become much more important—you have to make sure these new systems aren't fighting each other," LaFreniere said. "There's a staggering amount of detail that must be thought through during the design process." In addition, the alliance builds proactive cost-containment strategies into the planning process from the outset, Damphousse said. "Right out of the gate, the HFA and LaFreniere teams see these projects as business challenges, not just architectural ones," he said. "The goal is to design the building to the requirements of the pro forma, not 'value engineer' late in the game." But multifamily and mixed-use properties also need to stand out in today's highly competitive marketplace, marked as they are by rooftop decks, hotel-like lobbies, open-floorplan coworking spaces and more, LaFreniere notes. "Today, granite countertops, open kitchens and high-end fixtures are becoming the norm even in entry-level housing," he said. "And in general, common areas need to be much more inviting. We are constantly looking for ways to enliven these experiences and create community. We're also learning valuable lessons about how to execute these strategies cost effectively."

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Spotlight

Companies are currently experiencing the shock waves of automation moving at high speed to disrupt businesses, energizing them to rework some of their priorities and in turn, to future-proof themselves.

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