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Foerster Expands Test Portfolio with Pruftechnik Acquisition, Establishes Subsidiary in Turkey

July 23, 2025 Editorial Staff Comments Off on Foerster Expands Test Portfolio with Pruftechnik Acquisition, Establishes Subsidiary in Turkey

Institut Dr. Foerster GmbH & Co., manufacturer of products for non-destructive material testing and magnetic field measurement, has made important expansions. It has acquired Pruftechnik NDT GmbH, based in Ismaning, formerly a company of Fluke Corporation. Pruftechnik is known for its advanced testing methods and systems for industrial quality control, some which employ sophisticated eddy current technology for alignment of bearings and rotating machinery. The move comes only a few months after Foerster established its 17th subsidiary, this one in Turkey. […]

e-Power Technology

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

April 2, 2025 Editorial Staff Comments Off on 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 

February 27, 2025 Editorial Staff Comments Off on 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 

January 20, 2025 Editorial Staff Comments Off on 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. […]