Yokogawa Acquires Cloud-Based Service Provider
Yokogawa announces the acquisition of Industrial Evolution, a cloud-based plant data-sharing service provider.
On Jan. 11, 2016, Yokogawa Electric Corporation announced the acquisition of Industrial Evolution Inc., a provider of cloud-based plant data sharing services. The acquisition was carried out through Yokogawa Venture Group Inc., a wholly owned Yokogawa subsidiary that was recently established for the purpose of executing strategic mergers and acquisitions for the industrial automation and control business.
According to the company, expansion of the advanced solutions business in the industrial automation and control field is one of the main strategies set out in Yokogawa’s Transformation 2017 mid-term business plan. Based on Industrial Evolution’s cloud business environment, Yokogawa will provide Data-as-a-Service, an advanced solution that will generate new value for its global customer base.
The financial terms of the acquisition were not disclosed.
Source: Yokogawa Electric Corporation
Drug Solutions Podcast: Gliding Through the Ins and Outs of the Pharma Supply Chain
November 14th 2023In this episode of the Drug Solutions podcast, Jill Murphy, former editor, speaks with Bourji Mourad, partnership director at ThermoSafe, about the supply chain in the pharmaceutical industry, specifically related to packaging, pharma air freight, and the pressure on suppliers with post-COVID-19 changes on delivery.
Drug Solutions Podcast: Emerging Methods of Vaccine Administration and Distribution
June 20th 2023Michael Schrader, CEO and co-founder of Vaxess, discusses the latest on vaccine administration and different ways the pharmaceutical industry can distribute these products with Pharmaceutical Technology editor Jill Murphy.
