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ENGINEERING

Swedish engineers buy French software firm

ABB took another step into the building-automation market by purchasing Toulouse-based Newron System for an undisclosed sum, the Swiss-Swedish engineering giant announced on Monday.

Published: 5 August 2013 10:28 CEST
Swedish engineers buy French software firm

“We are buying state-of-art software and know-how,” ABB spokesman Hans-Georg Krabbe said in a statement.

Toulouse-based Newron System has annual sales near the tune of $10 million worth of software, which enables devices, such as blind controls and lights, to communicate with each other and to be managed centrally.

The acquisition supports ABB’s strategy in the growing automation market for buildings, which is to expand its market reach and offering for channel partners. Newron System’s software complements ABB’s product range by adding flexible automation solutions to the offering. The company said Newron would be integrated into the company’s Low Voltage Products (LP) division.

“Newron System’s premium building-automation software solutions will gain worldwide reach through ABB’s broad sales network,” said LP head Hans-Georg Krabbe, adding that the purchase was also set to add products to the company’s offering of building-automation solutions.

Newrom System’s managing directors, Serge Le Men and Daniel Zotti, welcomed the buy, stating it would help Newron “extend its reach”.

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EMPLOYMENT

Young Euro engineers want work in Germany

German companies made up half of the top-10 most sought after employers for European engineering students in a survey published on Wednesday.

Published: 10 June 2015 15:45 CEST
Young Euro engineers want work in Germany
A Bosch worker at an automated production line. Photo: DPA

Although IBM pipped Siemens out of its 2014 first-place ranking, BMW, Airbus, Bosch and Daimler/Mercedes-Benz loaded the rest of the leaderboard with German quality.

But it wasn't just German companies' reputation for high-quality products that made them leading choices for the future engineers and IT workers.

“Top employers are the ones that have made professional development the top thing on their agendas, and offer a creative and dynamic work environment too,” said Claudi Tattanelli, Global Director of labour market research firm Universum.

That might mean that the likes of Volkswagen, Bayer or BASF have some investing in their workforce to do to move up in the attractiveness stakes, after they placed 23rd, 24th and 26th respectively.

And Germany as a whole has some catching-up to do when it comes to the business side of the equation, where not a single German company was among the top 10 employers picked by undergraduates.

BMW was the top-placed German entrant at 13th, with others such as adidas, Deutsche Bank, Daimler/Mercedes-Benz and Volkswagen peppering the high teens and 20s.

“Business students prefer professional training and development, challenging work and opportunities for international travel/relocation,” Universum said in a press release.

The Universum survey asked 168,000 business and engineering or IT students in the 12 biggest European economies about their preferred companies and workplace environment.

SEE ALSO: Graduates desperate to work for car giants

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