Siemens AG agreed to buy Mentor Graphics Corp. for $4.5 billion in its biggest acquisition since 2014 as the German engineering company extends its industrial software capability. Siemens will pay $37.25 a share for Wilsonville, Oregon-based Mentor, the industrial giant said in a statement on Monday. That’s 21 percent above the closing price on Friday. … Continue reading Siemens Buys Software Maker Mentor Graphics for $4.5 Billion
Tag: business
Toyota to pay up to $3.4 billion to settle US truck lawsuit
Toyota will pay up to $3.4 billion to settle a class action lawsuit brought by US pickup and sport utility vehicle owners whose vehicles lacked adequate rust protection. Court filings show that the settlement reached Oct. 31 covers 1.5 million vehicles, dealing a financial blow to the Japanese automaker whose trucks were subject to corrosion … Continue reading Toyota to pay up to $3.4 billion to settle US truck lawsuit
Toyota to pay upto $3.4 billion
Toyota will pay up to $3.4 billion to settle a class action lawsuit brought by US pickup and sport utility vehicle owners whose vehicles lacked adequate rust protection. Court filings show that the settlement reached Oct. 31 covers 1.5 million vehicles, dealing a financial blow to the Japanese automaker whose trucks were subject to corrosion … Continue reading Toyota to pay upto $3.4 billion
Asian Leaders Attempt to Decode Trump
Donald Trump is set to tear up a giant Pacific trade pact and has questioned alliances that have defined America’s engagement in Asia since World War II. But it’s too early to declare President Barack Obama’s “pivot” dead. For Asia’s leaders, a big question from Trump’s win is whether America’s military and economic focus on … Continue reading Asian Leaders Attempt to Decode Trump
Are organisms manufacturing’s future?
In this Tuesday, Sept. 27, 2016 photo, Kevin Dolan, a production operator, adds mycelium to agricultural byproduct in Green Island, N.Y. Ecovative Design is a business staking its growth on mycelium, the thread-like “roots” of mushrooms. The mycelium grows around small pieces of stalks and stems to create a bound-together material that can be molded … Continue reading Are organisms manufacturing’s future?