Issue #3 – 12-26-18 – Softbank, Servo, Solderwerks

A slow week this week with Christmas and New Years.

1.) SoftBank Vision Fund Pours $500M Into Cambridge Mobile Telematics
Cambridge Mobile Telematics said Wednesday morning it has pulled in half a billion dollars in an investment from—you guessed it—the SoftBank Vision Fund. That’s Japan-based SoftBank Group’s reportedly $100 billion fund that has made waves in the venture capital world by cutting massive checks to companies across a variety of sectors.

2.) What’s new with servo presses?
Servo press technology was first introduced on a global production scale in 2001. Since then the production and cost-saving benefits of servo technology have certainly been realized in the market.

Today some press manufacturers are adding more “refinements” to their systems to enhance these benefits to improve the efficiency and performance of the press.

3.) SolderWorks Acquires Technology Consulting Firm SmartSource Management
Last week SolderWorks LLC announced that it has signed a definitive agreement for the acquisition of SmartSource Management. The technology consulting firm’s acquisition will fortify SolderWorks endeavours to add valued partnerships as well as services to an ecosystem that enables the swift realization of innovation.

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