The organisers of the world’s largest industrial exhibition, the Hannover Fair, have decided to postpone this year’s event from 20–24 April to 13–17 July, in response to the Covid-19 Coronavirus outbreak. Deutsche Messe made the decision in cooperation with the Hannover Region Health Authority, the event’s Exhibitors' Council and its partner associations, VDMA (German Engineering Federation) and ZVEI (German Electrical and Electronic Manufacturers' Association).
Rockwell Automation is buying Asem, the Italian manufacturer of industrial PCs, HMIs and industrial software, for an undisclosed sum. The transaction includes the purchase of a minority (25%) interest in Asem held by the German KEB Group. Rockwell plans to maintain Asem’s strategic supplier and technology partner relationship with KEB after the deal closes.
Researchers at the cyber-security firm Dragos have discovered a new form of ransomware that they think is the first to specifically target industrial controls systems (ICSs). Called Ekans, the malware is designed to terminate certain ICS processes, shutting them down until a ransom is paid.
The Swedish industrial group Atlas Copco has launched a €1.09bn ($1.19m) cash bid for the German machine vision manufacturer Isra Vision, with the approval of Isra’s founder and CEO, Enis Ersü. Isra will keep its brand name and its headquarters in Darmstadt, Germany, and will become the nucleus for a new machine vision division within Atlas Copco’s Industrial Technique business, which focuses on industrial automation systems, quality assurance products and industrial software.
A “robot employment agency” which will rent industrial robots to companies by the hour, or charge a “salary” based on the completion of tasks, has been set up as a joint venture between an Israeli developer of autonomous robots, called SixAI, and a Japanese affiliate of Honda, called Musashi Seimitsu. They say that their “unique” business model will give industrial users the option to source robotic labour without the significant capital costs of having to buy new robots.
A US organisation has compiled a knowledge base of the techniques that cyber-criminals use when attacking industrial control systems (ICSs). The impacts from these attacks can range from disrupting operations to harming human life and the environment.
Universal Robots (UR) and Mobile Industrial Robots (MiR) have acquired a 50,000m2 site in Odense, Denmark, where – with the financial backing of their joint US parent company, Teradyne – they are planning to invest $36m to build “the world’s largest hub for collaborative robots (cobots)”.
A Californian start-up that matches buyers and sellers of used manufacturing equipment around the world, has attracted $2.4m of seed funding as part of an expansion drive, especially into Asia. San Francisco-headquartered Moov has developed a real-time technology that, it claims, reduces transaction times from weeks to days, and eliminates inaccurate and outdated listings that plague the sector.
The organisers of SPS – Industrial Automation Fair Guangzhou (SIAF), which was due to take place in Guangzhou, China, next month, have announced that the exhibition has been postponed following the outbreak of the Novel Coronavirus epidemic. The Guangdong Province Department of Commerce has suspended all large-scale events in the region in response to the outbreak,.
Eaton is selling its hydraulics business to Danfoss for $3.3bn in cash, boosting the size of to the Danish group by about one third. The business, which accounted for 86% of Eaton’s hydraulics revenues in 2019, is a global leader in hydraulics components, systems, and services for industrial and mobile equipment.
Rockwell Automation is buying the Israeli cyber-security provider Avnet Data Security for an undisclosed sum. Avnet, founded in 1995, offers IT/OT (information technology/operational technology) cyber-services including assessments, penetration testing, network and security systems, training, and converged IT/OT managed services. Its Israeli-based team includes "dozens" of cyber experts, trainers, consultants, researchers and systems integration engineers.
The US motor control specialist Benshaw is buying the New Zealand based soft-start pioneer Aucom Electronics to create what it claims will be the world’s largest privately owned soft-starter manufacturer. The details of the transaction have not been released.
Technology investments in the industrial and manufacturing sector are set to soar from $59bn in 2019 to $375bn by 2030. If hardware revenues are included, that figure could climb to more than $1 trillion, according a study by the analyst, ABI Research.
After several years of seemingly unstoppable growth, the global market for industrial robots went into decline during 2019, with revenues falling by an estimated 4.3%.
Yaskawa Electric is making a “significant” investment to build a centre for testing large drives at its Yaskawa Environmental Energy / The Switch business in Finland. The centre will be one of the largest of its kind and will be capable of testing entire drivetrains, including motors, generators, frequency converters, transformers and auxiliary equipment. Initially, it will be able to test systems rated up to 15MW, but there are plans for a second phase that will be able to handle even larger drives as well as medium-voltage systems.
