e-Power Technology

Siemens Acquires Altair for $10 Billion, Building Huge Portfolio in Electromagnetic Simulation Software & AI 

March 26, 2025 – Siemens announced today that it has completed the acquisition of Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market, for an enterprise value of approximately […]

Electromagnetics

Magnetron Leader CPI Electron Devices Now Part of TransDigm 

CPI Electron Device Businesss is the new name for one of the world’s largest producers of magnetrons and a prolific developer of electromagnetic systems for aerospace and defense markets, as a result of its acquisition by TransDigm from Communications & Power Industries. Before it was spun out from CPI in mid-2024 and acquired by TransDigm for about $1.385 billion, it was formerly the Electron Device Business of Varian Associates and has long been a global manufacturer of electronic components and subsystems including radio frequency and microwave products. Now CPI-EDB operates as one of the more than 50 companies owned by Transdigm which primarily provide aircraft components for commercial and military fleets around the world.  […]

Electromagnetics

Woodward to Buy Safran Electromechanical Actuation Biz in NA 

Woodward, a manufacturer of aerospace and industrial energy control solutions based in Fort Collins, Colorado, has signed a definitive agreement to acquire the electromechanical actuation business operated in North America by French aerospace manufacturer Safran Electronics & Defense. Both companies are top players in the market with many products designed around magnetic technologies. […]