inVISION Newsletter Englisch 14 2020
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ZVEI Expects Double-Digit Decline in Sales
According to a survey conducted by the ZVEI among its member companies, more than half of the participating companies are already receiving fewer orders than before the crisis began.
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Teledyne Aims to Acquire Photonis
Teledyne confirms that it’s been in advanced talks to acquire Photonis International and affiliates for about USD550m.
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Ikea Acquires AI Startup Geomagical Labs
Ikea acquired AI imaging Startup Geomagical Labs for an undisclosed sum.
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Phantom AI Raises USD22m
Phantom AI, developer of a vehicle-agnostic autonomous driving platform, announced it has raised USD22m in Series A financing.
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Chinese Mechanical Engineering Picks Up Speed
While the economy in Europe and the USA is still paralysed by the corona pandemic, production in China is slowly picking up speed again.
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Virtual Industry Show from TeDo Verlag
TeDo Verlag will be organising a virtual trade fair from May 4 onwards, covering all aspects of automation, robotics and power distribution, control cabinet construction, industrial IT, IIoT etc.
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Machine Tool Colloquium in June 2021
The 30th Aachen Machine Tool Colloquium (AWK) will take place on June 10 and 11, 2021 at the Eurogress Aachen.
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PPE Enforcement with Edge AI Vision
Systems leveraging AI with real-time object detection through image and video analysis can automate personal protective equipment (PPE) policy enforcement.
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ProGlove appoints Chief Revenue Officer
ProGlove, a provider of ergonomic wearables for industry, has appointed Charlie Grieco as Chief Revenue Officer for the global company.
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New Sales Manager at InfraTec USA
InfraTec expands its presence in North America. Justin Jensen (picture) joins the team of InfraTec infrared LLC, a subsidiary of InfraTec GmbH in the USA, as new Sales Manager East.















