Magstim Acquires Electrical Geodesics Products to Complement its Transcranial Magnetic Stimulation Portfolio

Magstim, developer of transcranial magnetic stimulation products, has reached agreement with Royal Philips to acquire the product portfolio of Electrical Geodesics, adding to Magstim’s breadth of products and technology. The company also recently appointed a new chief technology officer.  “This adds high-density […]


Cleveland-Cliffs to Acquire ArcelorMittal USA for $1.4 Billion

Cleveland-Cliffs Inc. announced today that it has entered into a definitive agreement with ArcelorMittal USA to acquire substantially all of its operations for $1.4 billion. The transaction will make Cleveland-Cliffs, already a leading producer of electrical steel for motors and transformers, the largest flat-rolled steel producer […]

e-Power Technology

Amorphous Alloy Transformer Cores and New R&D Center at Oxford for Hitachi Metals and Metglas

Metglas has launched commercial production of transformer cores made of its magnetic amorphous metal alloy and, separately, parent company Hitachi Metals has established a new technology center at Oxford University for further research and development in amorphous […]


Upwing Energy Awarded 10 New Patents for Innovative Downhole Oilfield Tools Using Advanced Magnetic Designs

Upwing Energy, inventor of a sophisticated magnetic drive system for downhole pumps for the oil and gas industry, has been issued 10 new patents for its artificial lift technologies. The patents cover design features in its downhole rotating tools and […]