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Bosch Rexroth CEO has upbeat outlook

Control Engineering

Despite continuing difficulties in the U.S. economy Bosch Rexroth Corp. President and CEO Berend Bracht today announced a 3.1% growth in the company’s U.S. dollar denominated sales in the Americas, and projected double-digit growth for the company overall in 2008.   ...read more

No surprises from Cisco

CNN Money

Cisco Systems, the leading network equipment maker, posted sales and earnings that met Wall Street's estimates, thanks to strong demand for switches and routers.   ...read more

Better together? Ametek, Dresser-Rand, IntervalZero, Rexroth make acquisitions

Control Engineering

In separate transactions, Ametek Inc. agreed to acquire the programmable power business of Xantrex Technology Inc., Bosch Rexroth will purchase Hagglunds Drives AB, Dresser-Rand Group Inc. acquired certain assets of Peter Brotherhood Ltd., and IntervalZero buys Ardence embedded software from Citrix.   ...read more