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Rockwell Automation, Inc. announced that it has signed an agreement to acquire privately held Avnet Data Security, LTD, an Israeli-based cybersecurity provider with over 20 years of experience providing cybersecurity services.
Apergy Corp. and Ecolab Inc. announced that their Boards of Directors have approved a definitive agreement pursuant to which Ecolab will separate the Upstream Energy business of Nalco Champion (which is being renamed ChampionX).
Yokogawa Electric Corporation announced the release of Exaquantum R3.20, an enhanced version of its plant information management system (PIMS) software package in the OpreX Asset Operations and Optimization family.
The Internet of Things (IoT) has enabled new business models for original equipment manufacturers (OEM). Servitization adoption replaces the single transaction for delivery of a product with continuous service while improving the customer experience throughout the lifecycle of an asset.