Happy Friday! Here’s this week’s round up of news and announcements from members of the BuiltWorlds network. Want to be included? Send your press releases or story ideas to email@example.com.
1. ESD, UL unite on new certification program
Independent safety science firm Underwriters Laboratories (UL) is partnering with ESD Consulting to work on developing a new data certification program. The program’s goal is to certify data centers internationally. Vice president and general manager for UL’s Building and Life Safety Technologies division, Chris Hansbrook said in a press release: “We have a good and long relationship with ESD, and we found the ability to work together with ESD to solve client challenges with data centers a natural fit for us.”
2. Assemble to integrate with ASD
Assemble Systems announced a partnership with engineering software company ASD Global. Under this partnership, ASD’s software will integrate with Assemble’s cloud-based data solutions to improve online computing of models, schedules, cost estimates and other project details. Check out the BW Sessions episode below for more on Assemble.
Source: Press release
3. Arup mentorship program
In an effort to grow the number of women working in engineering, Arup has joined Schneider Electric and the Dublin Institute of Technology for a new mentorship program. The group hopes to connect female university students with role models, offering advice and support toward working in the field of engineering. Arup will also host events covering topics such as careers, skills, and the realities of working as an engineer. You might recall Arup from our story on tall wood-framed towers, where we interviewed their principal fire protection officer.
Source: Silicon Republic
4. CBRE acquires majority stake in Caledon Capital Management
Commercial real estate firm CBRE entered a definitive agreement to acquire a majority stake in Caledon Capital Management. The move comes with CBRE’s plans to increase investment in infrastructure programs.
“Investors are increasing their allocations to alternative investments, including real assets,” remarked Ritson Ferguson, CEO of CBRE Global Investors, in a press release. “Caledon’s market-leading investment solutions are a logical extension to our existing suite of real estate and infrastructure investment solutions, enhancing our position as an industry leader.”
Read more about CBRE and 21st century infrastructure here.
Source: Press release
5. GE names new CEO
In case you missed the big news: GE’s longtime CEO Jeff Immelt will be replaced by John Flannery on August 1. Immelt, who had been CEO since 2001, is retiring. Flannery comes with years of experience in various GE business units, most recently as head of GE Healthcare, but primarily on the financial side. Many critics argue that Immelt leaves a mixed legacy — is Flannery a sign that GE will be laser focused on improving the business’s financial performance?