News Round Up: Business & acquisition on the 3D printing market
The 3D printing market has lately been subject to some changes, changes that occurred at Formetrix, Depuy Synthes & Emulate3D.
Formetrix, a start-up that produces steel alloys for additive manufacturing, has appointed Scott Pearson as its new Chief Executive Officer.
With over 25 years of experience in various technology-based companies and organizations, Mr. Pearson has acquired experiences in power systems (UPS), fuel cells, electric vehicles, electronics assembly equipment and materials, digital imaging, stationary energy storage, and defense systems.
Prior to joining Formetrix, Scott spent six years as the President and CEO of Aquion Energy, a venture-backed company focused on the development, manufacturing, and sales of advanced batteries and storage systems. The new CEO is owner of a M.B.A. from MIT’s Sloan School of Management, an M.S. in Mechanical Engineering from MIT and a B.S. in Mechanical Engineering from the University of Massachusetts at Amherst.
“I am excited to join the Formetrix team and to lead the organization as we target the opportunities that exist in the 3D printing market today for our world-class, steel alloys as well as the new opportunities that our unique technologies will enable,” said Pearson. “I am also looking forward to the opening of our new, state-of-the-art facility in the coming months. The new capabilities enabled by this facility will allow our team to innovate and operate more quickly and effectively for our customers.”
DePuy Synthes to open an innovation centre for advanced AM materials in Ireland
IDA Ireland (agency responsible for the attraction and retention of inward foreign direct investment (FDI) into Ireland) will benefit from €36 million investment from DePuy Synthes. The investment will serve for the development of the company’s Materials and Surface Technology Centre, in a location that will also host Johnson & Johnson’s 3D Printing Center of Excellence.
Johnson & Johnson aims to launch its 3D Bioprinting Laboratory in collaboration with Trinity College Dublin whereas DePuy Synthes will focus on advancing material science in 3D printing, coatings and surface treatments to meet future needs.
From an economic point of view, 30 additional positions will be open for these projects.
Rockwell Automation has acquired the software company Emulate3D
Rockwell Automation has acquired Emulate3D, a software company whose products digitally simulate and emulate industrial automation systems. By using accurate simulation models to improve systems planning and decision-making, followed by emulation trials that test the control system before installation, Emulate3D’s software enables customers to virtually test machine and system designs before incurring manufacturing and automation costs and committing to a final design.
Using the automation software with 3-D CAD model, customers could “improve their time to market and operational productivity through digital machine prototyping and virtual commissioning. It also marks another investment by Rockwell Automation to bring the Connected Enterprise to life.”
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