Category: Business
CDS plans to boost UX strategy, seals buyout deal with SimpleUsability
  Author: Pranali Mehta

CDS has reportedly purchased SimpleUsability, the Yorkshire-based behavioral research company helping brands to understand customer needs. Sources claim that this acquisition is all set to broaden the former’s cl...

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Point Predictive announces completion of Series B investment round
  Author: Saipriya Iyer

Point Predictive Inc., a US-based AI technology firm providing machine learning solutions, has reportedly announced the completion of its Series B investment round. This funding round was led by Napier Park Financial P...

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Moovaz enters deal to acquire on-demand van rental service, GetVan
  Author: Pranali Mehta

Moovaz, a Singapore-based logistics company that provides relocation services, has reportedly entered an agreement to acquire GetVan, an on-demand van rental service provider. Financial terms of the agreement have not ...

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Dairying firm Fonterra Brands acquires RFG’s subsidiary Dairy Country
  Author: Pranali Mehta

RFG (Retail Food Group), a renowned café and restaurant franchise firm, has reportedly sold Dairy Country, its dairy manufacturing and processing unit, to Fonterra Brands, a New Zealand based dairying company....

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Chubb launches new Chubb Studio platform for its partners and clients
  Author: Saipriya Iyer

Chubb, a renowned leading insurance provider, has reportedly announced the launch of Chubb Studio, a new platform that would streamline and simplify the circulation of its insurance products from its partners’ di...

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Cyient to acquire IG Partners to expand digital capabilities in mining
  Author: Pranali Mehta

Hyderabad-based engineering and digital solutions provider, Cyient Ltd., is reportedly planning on acquiring IG Partners, an Australian consulting firm. Sources with relevant information stated that the buy-out will al...

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Motiv Power Systems raises $15 million from GMAG Holdings Corp
  Author: Pranali Mehta

Sustainable tech major, Motiv Power Systems, has reportedly raised a sum of $15 million from GMAG Holdings Corp. The investment will be made via convertible notes that are likely to be converted into an upcoming Series...

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Deloitte Takes Over Spatial Access – A Move to Benefit Brand Marketers
  Author: Pranali Mehta

Deloitte Touche Tohmatsu India LLP (Deloitte) acquires Spatial Access, an advertising and marketing advisory firm. The acquisition aims to improve the organization’s advisory capabilities and help brands to make ...

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Forbes partners with Smartsheet to drive deeper consumer engagement
  Author: Pranali Mehta

Smartsheet Inc, the U.S–based publicly-listed company that markets and develops Smartsheet application, has reportedly announced that Forbes has implemented its Smartsheet platform to accelerate strategic busines...

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Eberhart Capital inks strategic deal to buys M. J. Van Damme Trucking
  Author: Pranali Mehta

Eberhart Capital LLC, the Scottsdale, Arizona-based private equity company, has acquired M. J. Van Damme Inc in a USD 20-USD 50 million deal. This investment is the third construction purchase by the company in 2020....

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MSD Pharma acquires Takeda Pharma’s Dunboyne manufacturing facility
  Author: Pranali Mehta

MSD Pharmaceuticals, a renowned global healthcare firm that provides innovative healthcare solutions, has reportedly announced that it has agreed to acquire the cutting-edge biologics plant of Takeda Pharmaceuticals, l...

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ServiceNow and Uber team up to provide workers safer commute to work
  Author: Saipriya Iyer

ServiceNow, a renowned California-based software company, has reportedly announced that it has teamed up with the employee travel management arm of ride-hailing firm, Uber; Uber for Business, to provide employees with ...

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Zynga enters to acquire hyper-casual mobile game developer Rollic
  Author: Pranali Mehta

With this acquisition, Zynga enters the growing mobile game market  Acquisition anticipated close on 1 October 2020 ...

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CNG expands its packaging business with American Packaging acquisition
  Author: Pranali Mehta

Central National-Gottesman Inc., a world leading distributor of newsprint, paper, pulp, tissue, packaging, and plywood, has reportedly announced that the company’s Kelly/Spicers division has expanded its packagin...

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Mirabaud buys out two Californian office buildings for a sum of $95.2M
  Author: Pranali Mehta

The Asset Management division at Mirabaud has reportedly announced that it has acquired two single-tenant office buildings situated in San Jose, California. While the transaction involves a cost of $95.2 million, the d...

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Xalles Holdings buys out AI provider Adaptive Metadata Solutions
  Author: Pranali Mehta

Leading technology and financial services provider, Xalles Holdings, has reportedly announced that it has entered into a Share Exchange Agreement for the 100 per cent acquisition of Adaptive Metadata Solutions, a major...

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IIP inks deal with Columbia Care to acquire properties in New Jersey
  Author: Pranali Mehta

Innovative Industrial Properties Inc. (IIP), a real estate investment trust that targets medical-use cannabis properties for acquisition, has reportedly inked a sale-and-leaseback deal with Columbia Care Inc. Apparentl...

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Unacademy officially purchases India-based PrepLadder for USD 50 mn
  Author: Pranali Mehta

Unacademy, the online learning platform based out of India, has claimed that it has acquired PrepLadder for a valuation of USD 50 million. The transaction was an all cash and stock deal, and has seemingly been undertak...

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Aspire to become the majority shareholder in RapidValue Solutions
  Author: Pranali Mehta

Global IT services provider Aspire Systems has reportedly announced that it has bought a majority stake in RapidValue Solutions, a leading provider of digital product engineering solutions. This deal involves the purch...

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Carlyle Group signs acquisition worth $235 mn to buy 25% of Nxtra Data
  Author: Pranali Mehta

The Carlyle Group is reportedly planning to purchase one-fourth of the stake in Nxtra Data, Airtel’s data center business. The deal valuation has been finalized at USD 235 million (close to INR 1,780 crore). With...

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GetMyUni puts forth an acquisition offer for learning startup Avagmah
  Author: Pranali Mehta

The India-based education technology company GetMyUni has declared that it has taken over online learning firm Avagmah from AEON Learning. Acquired in an all-cash deal, Avagmah had raised around USD 5 million from Zodi...

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Unilever acquires 82% stake in GSK Bangladesh’s food & drinks business
  Author: Pranali Mehta

British-Dutch consumer goods company, Unilever, has reportedly announced its acquisition of more than 82 per cent stake in GlaxoSmithKline’s food and drinks division in Bangladesh. The company has reportedly acqu...

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Square Inc takes over Spanish peer-to-peer payments app Verse
  Author: Pranali Mehta

Leading payment services company, Square Inc., has reportedly announced its acquisition of Spanish peer-to-peer payment service, Verse, known for its efficient payment facilities across Europe. Square has stated that V...

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Amazon Business launches MSME Accelerate to help small businesses
  Author: Pranali Mehta

Amazon Business has recently launched ‘MSME Accelerate’ initiative, which is likely to go live starting 20th June 2020. Following the launch, Amazon’s website would feature the MSME Accelerate program...

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Infibeam Avenues buys Cardpay Technologies to enhance credit portfolio
  Author: Saipriya Iyer

Infibeam Avenues, a leading global financial technology solutions provider recently acquired 100% stake in a Bangalore-based firm, Cardpay Technologies Ltd. to strengthen its payments credit services business. ...

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Saint-Gobain sells €1.54B stake in Sika & ends takeover battles
  Author: Saipriya Iyer

Saint-Gobain, the French multinational corporation, has recently sold its stake in Sika, the construction chemicals maker in Switzerland, which amounts to €1.54 billion ($1.69 billion). This leads to an end of one...

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Vox Royalty begins trading on TSX-V exchange under ‘VOX’ ticker symbol
  Author: Saipriya Iyer

Vox Royalty Corp, the mining-focused streaming and royalty firm fixated on continuing to develop a portfolio of streams and royalties across a diverse commodity base, has reportedly begun trading on the TSX Venture Exc...

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Open Systems inks an acquisition deal with Born in the Cloud
  Author: Saipriya Iyer

Open Systems, a secure access service edge (SASE) solution company based out in Switzerland, has recently announced that it has purchased Born in the Cloud, a Microsoft Gold-Certified partner company that provides thre...

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PG&E announces plans to expand battery energy storage capacity
  Author: Saipriya Iyer

Pacific Gas and Electric Company, the American combined natural gas and electric service company, has reportedly filed an application to CPUC (California Public Utilities Commission) for getting approval on five energy...

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Cybersecurity firm Expel secures $50Mn in Series D funding round
  Author: Saipriya Iyer

Expel, Inc., a leading provider of Security Operations Center (SOC)-as-a-services, recently revealed that it has managed to raise almost $50 million from its latest Series D funding round, which was led by Alphabet&rsq...

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Atlassian acquires Halp to streamline lightweight processes
  Author: Saipriya Iyer

Atlassian has reportedly acquired Halp as they strive to offer a level of integration between the JIRA service desk platform of Altassian and Halp to manage complex requests. The highly anticipated acquisition is said ...

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Financial supermarket GoBear acquires digital lender AsiaKredit
  Author: Saipriya Iyer

GoBear, a Singapore based financial supermarket, has recently announced that it has acquired AsiaKredit, an end-to-end digital consumer lender. The acquisition is known to be a part of the strategy of GoBear for expand...

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Euronet acquires Dolphin to expand ATM outsourcing market in U.S.
  Author: Saipriya Iyer

Euronet Worldwide, an electronic payment services provider, has recently completed the acquisition of a U.S.-based ATM outsourcing company, Dolphin Debit. Dolphin delivers comprehensive services of over 1,900 ATMs for ...

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Saudi Wealth Fund acquires 5.7% stake in Live Nation for USD 500 mn
  Author: Saipriya Iyer

As concerts and live events have been put on a halt across the world, Live Nation, one of the leading event promoters, has been hit hard due to ongoing coronavirus pandemic. The government of Saudi Arabia’s Sover...

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CIB announces acquisition of 51% stake in Kenya-based Bank Mayfair
  Author: Saipriya Iyer

The Commercial International Bank (CIB), an Egyptian private-sector bank, has reportedly acquired 51% stake in Kenya’s Bank Mayfair for USD 35.35mn after getting all required regulatory authority approvals from c...

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360VUZ secures $5.8M in Series A round from venture capitalists
  Author: Saipriya Iyer

360VUZ, an immersive virtual mobile app company, has recently secured $5.8 million from venture capitalists in a Series A investment round. These venture capitalists include 500Startups, Hala Ventures, Vision Ventures, Media Visions, KBW Ventures,...

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NBCUniversal acquires Vudu, with Fox entering purchase deal with Tubi
  Author: Saipriya Iyer

The Fandango division of NBCUniversal has recently completed the acquisition of Vudu from Walmart. Additionally, Fox Corp. also has completed the purchase of Tubi for the sum of $440 million. ...

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Michelin & Enviro tie up to deploy technology for recycling used tires
  Author: Saipriya Iyer

Michelin, a French multinational tire manufacturer, has reportedly inked a deal with Swedish start-up Enviro to deploy pyrolysis technology on a larger scale for recycling used tires at the end of their life. ...

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Comtech receives a new $1.1 million order for SATCOM antenna
  Author: Saipriya Iyer

Comtech Telecommunications, a renowned US-based advanced communications devices manufacturing and marketing firm, reportedly announced that its subsidiary Mission-Critical Technologies group, a part of the company&rsqu...

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Ola offers emergency service for non COVID-19 medical trips in Bengaluru
  Author: Saipriya Iyer

Prominent Indian ride-sharing company Ola recently introduced ‘Ola Emergency’, that allows users to book non- COVID-19 medical trips to more than 200 hospitals across Bangalore. ...

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Uber suspends Chicago hub construction as coronavirus crisis expands
  Author: Saipriya Iyer

Ride-hailing giant Uber has temporarily put the construction of its massive office space in Chicago’s Old Post Office on hold. This marks the city’s first big construction project to be halted due to the co...

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Proton to lend support to Malaysia’s Health Ministry to fight COVID-19
  Author: Saipriya Iyer

Amid the growing crisis caused by the coronavirus pandemic, a plethora of companies from almost every industrial sector are coming forward to make a contribution towards the global fight against COVID-19. Among those, ...

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EstrellaTV offers free access to all DIRECTV and U-verse TV users
  Author: Saipriya Iyer

While numerous businesses are struggling to make ends meet during the COVID-19 crisis, some businesses like Estrella Media are taking striding steps to ease the life of those living in self-quarantine or isolation....

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ThoughtSpot, Google Cloud to extend partnership on AI-driven analytics
  Author: Saipriya Iyer

The leader in search and AI-driven analytics, ThoughtSpot, recently announced the extending of its partnership with Google Cloud in a bid to empower organizations with cloud analytics solutions. ...

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Tencent introduces new app to track student’s health status
  Author: Saipriya Iyer

As the coronavirus outbreak indicated signs of easing in mainland China, Tencent Holdings Ltd., a Chinese multinational tech giant, has reportedly introduced a new health tracking app, Fuxuema, aimed at students who are now planning to return to s...

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Q-nomy-Veridos unite & deliver joint solution for next-gen ePassports
  Author: Saipriya Iyer

Q-nomy Inc. has recently announced its partnership with Veridos, a Berlin-based leading provider of integrated solutions, to deliver services for governmental identity needs worldwide. These companies also have announc...

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CVS Pharmacy acquires 110 Schnucks pharmacies, with 11 to close
  Author: Saipriya Iyer

CVS Pharmacy, a subsidiary of CVS Health, has recently announced the acquisition of 110 Schnucks pharmacies, which will lead to the closure of 11 Schnuck Markets’ pharmacies. The acquisition has been arranged in ...

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Subscription billing provider Chargify buys event streaming firm Keen
  Author: Saipriya Iyer

The companies are a part of Scaleworks private equity firm’s group of companies   The new event-based billing mechanism will be o...

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Malaysian startup Dahmakan secures $18Mn in a Series B funding round
  Author: Saipriya Iyer

Dahmakan, a Malaysian full-stack food delivery startup, has reportedly raised USD 18 million in a Series B funding round which involved participation of firms like White Star Capital, Rakuten Capital, GEC-KIP Fund, JAF...

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Skechers to use Goodyear’s technology for high-performance footwear
  Author: Saipriya Iyer

US-based lifestyle and performance footwear company, Skechers recently revealed to be building on a technology for its footwear in collaboration with the leading tire manufacturing firm, the Goodyear Tire & Rubber ...

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Automation software company UiPath keen on introducing an IPO
  Author: Saipriya Iyer

The offering is likely to take place in the first half of 2021.   In 2019, the net worth of UiPath was valued at USD 7 billion....

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Binance launches Binance Cloud to allow users set up crypto exchanges
  Author: Saipriya Iyer

  Binance Cloud will be an all-in-one platform supporting coin listings and trading pairs It will provide users a method to put up a c...

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Designer Outlet Croatia features ShopperTrak network to build footfall
  Author: Saipriya Iyer

Johnson Controls’ retail solution portfolio Sensormatic Solutions has recently announced its intention to feature its ShopperTrak shopper insights and visitor analytics in Designer Outlet Croatia. The project wil...

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Private equity firm Gryphon inks deal to infuse investment in Pacur
  Author: Saipriya Iyer

Gryphon, a private equity company based in San Francisco, has inked a fresh deal to infuse investment in Pacur, a major supplier of specialty plastic packaging materials meant for the medical device landscape. ...

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Allen Media acquires 11 broadcast TV stations from USA TV holdings
  Author: Saipriya Iyer

Allen Media Broadcasting, an arm of Byron Allen’s Entertainment Studios, a US-based media and entertainment company, has reportedly announced that it closed in on the purchase of 11 broadcast TV stations from the U...

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Advent and Crosspoint take over Forescout for USD 1.9 billion
  Author: Saipriya Iyer

Forescout shareholders would receive an all-cash transaction of USD 33 per share from the acquiring companies.   Under this acquisition...

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Visa, Airwallex collaborate to launch a B2B borderless payments card
  Author: Saipriya Iyer

The B2B card solution will help smoothen cross-border payments conveniently   The offering will be first available in Australia followe...

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American Airlines-GOL enter codeshare agreement to expand connectivity
  Author: Saipriya Iyer

American Airlines, a major airline headquartered in Texas, has recently announced that it is entering a reciprocal codeshare agreement with GOL, Brazil’s largest low-cost airline. Under the agreement, travelers w...

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CDP inducts Kao in its A List for water security and climate change
  Author: Saipriya Iyer

Kao Corporation, a renowned Japanese chemical and cosmetics company, reportedly announced that it has been selected to be inducted into the A List created by renowned UK based NPO, CDP, for climate change and water. Th...

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SafeSwiss procures Secure Swiss Data to prevent soaring cyber-attacks
  Author: Saipriya Iyer

The acquisition is considered the largest of all the recent acquisitions across the Swiss cyber technology sector. The companies have kept the deta...

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American Airline inks $4.2Bn worth contract with mechanics union
  Author: Saipriya Iyer

The agreement will provide over 30,000 employees an improvement in pay, job protections and quality of life American Airlines, one of the world’s largest airl...

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Toyota Motor to use big data to avoid accelerator-brake confusion
  Author: Saipriya Iyer

• Toyota plans to roll out accelerator suppression function in new cars. • The automaker will sponsor the Tokyo Olympics exhibiting its self-driving e-Palette pods. Toyota Mo...

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IDbyDNA raises $20M in Series B funding for Explify diagnosis platform
  Author: Saipriya Iyer

  The Series B funding has reportedly been led by ARTIS Ventures and others. Main motive of the funding raised is to fuel growth of co...

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GM to invest USD 2.2 bn for the production of electric trucks and SUVs
  Author: Saipriya Iyer

The vehicle and vehicle part producer is anticipated to invest over USD 2.2 billion for the manufacturing of all-electric SUVs and trucks.   ...

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Amazon to open fulfillment center and create 1000 new jobs in Memphis
  Author: Saipriya Iyer

Amazon, the renowned tech giant and e-commerce company, has reportedly announced the opening of a new fulfillment center in Memphis, Tennessee. The company would also be creating 1,000 new jobs in the city under this i...

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Monzo in talks with SoftBank to raise £100M funding for U.S. expansion
  Author: Saipriya Iyer

Monzo, a U.K.-based neobank and highly valued tech startup, is seeking assistance from Japanese investment conglomerate, Softbank, to raise new funds for its expansion in the U.S. It has recently started testing out banking app in the U.S., with i...

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Colgate inks agreement to buy premium U.S. oral care brand Hello
  Author: Saipriya Iyer

Financing of the transaction will be a combination of both debt and cash There has been no announcement of the terms of the deal under the acquisit...

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KDC/ONE to buy Shanghai Paristy Daily Chemical amid acquisition streak
  Author: Saipriya Iyer

Knowlton Development Corporation (KDC/ONE) has inked a deal to acquire Shanghai Paristy Daily Chemical Co., Ltd. The strategic acquisition is the first of its kind in Asia that is set to close in the Q1 2020; financial terms of the transaction is ...

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TalkTalk sells broadband business to CityFibre for £200 million
  Author: Saipriya Iyer

TalkTalk is set to trim its debt with the sale of the FibreNation division for £200 million. Acquisition of FibreNation by CityFibre incorporates a wholesale commitment which would need TalkTalk to provide its cu...

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Clairvest leads its sixth minor growth equity financing in DTG Recycle
  Author: Saipriya Iyer

The deal is done to support the company’s expansion in the Pacific Northwest. This will be Clairvest’s sixth investment in the waste ma...

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Apple snaps up AI start up Xnor.ai in a deal worth up about $200M
  Author: Saipriya Iyer

Apple has acquired a Seattle-based AI start up Xnor.ai that specializes in edge-based and low-power artificial intelligence tools. The acquisition is in line with Apple’s much-talked about procurement of Turi, a ...

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Magellan Aerospace to supply landing gear assemblies to Collins
  Author: Saipriya Iyer

The company offers intricate assemblies and systems solutions for aircraft manufacturers Magellan will use its global resources in India, Poland, Kitch...

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AWM Smart Shelf & Microsoft join forces to exhibit AWM Frictionless™
  Author: Saipriya Iyer

In order to facilitate intelligent retail with AWM Frictionless™ (autonomous shopping solution), Adroit Worldwide Media, Inc. (also known as AWM Smart Shelf® or AWM), which is a vision technology company, has...

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P&G confirms plans to acquire female personal care brand Billie
  Author: Saipriya Iyer

Billie will continue to be headed by its co-founders Jason Bravman and Georgina Gooley The acquisition will help bring high-quality products at aff...

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SSH.COM – DIT join hands to upgrade enterprises’ data security
  Author: Saipriya Iyer

IT admins in various companies come across complex situations in implementing multi-cloud and service hybrid. With IT workloads moving to the cloud, target servers get spun up and down. This leads to delayed access and...

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Tenaris concludes US$1.1Mn deal to acquire IPSCO Tubulars
  Author: Saipriya Iyer

Tenaris S.A., a global supplier and manufacturer of steel pipes, has recently announced the successful completion of its prior announced plans to acquire U.S. rival IPSCO Tubulars, Inc. from PAO TMK. ...

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Turkcell announces launch of Turkey’s new email service, YaaniMail
  Author: Saipriya Iyer

  YaaniMail can be used by both corporate and regular customers irrespective of their location, operator or device The email service is integrated with Turkcel...

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Disney Plus and Canal Plus ink agreement for distribution in France
  Author: Saipriya Iyer

  The two firms already held a programming agreement for many years Canal Plus Group will be an exclusive distributor of Disney Plus i...

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Mobility management firm Passport secures $65Mn from Series D funding
  Author: Saipriya Iyer

In recent years, various tech firms and startups have introduced innovative services and platforms into the market. Passport is one such cloud tech startup that has made significant strides in the mobility management s...

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Ideanomics inks deal to form a joint venture with Yunnan Energy
  Author: Saipriya Iyer

The deal would see both the firms set aside a New Energy Industry fund which would empower new battery-based power initiatives.  Ideanomics, a global fintech firm,...

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NCR buys POS Solutions and expands its restaurant technology in Austin
  Author: Saipriya Iyer

  The deal will represent NCR’s fourth local office acquisition in the state Its restaurant technology is trusted by 100,000 res...

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Airbus secures an order from Air Arabia for 120 A320neo aircraft
  Author: Saipriya Iyer

  The UAE’s only listed airline vies to expand its operation beyond Middle East. A320neo Family rec...

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CoreKinect & Kudelski debut disposable cold chain tracking solution
  Author: Saipriya Iyer

The food track solution revolutionizes cold chain tracking.   Cutting-edge sensors manufactured at a disruptive price point takes a qua...

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BFM partners with Triton Digital to enhance streaming audio content
  Author: Pranali Mehta

With the penetration of the internet, the demand for podcast have surged significantly across the globe. This growing trend has encouraged companies to partner with potential podcast service providers to enhance their ...

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Aroma Bit secures funds to develop next-generation odor imaging sensor
  Author: Saipriya Iyer

The company has undertaker shares with Sony Innovation Fund by IGV, which will be used to enhance the feature of its odor sensors. Aroma Bit, Inc., a Tokyo-based tech organization, has reportedly undertaken a 3rd...

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ExxonMobil and Albemarle together create a new Galexia™ platform
  Author: Pranali Mehta

ExxonMobil Corporation, a renowned US-based oil and gas company, and Albemarle, a renowned US-based chemical manufacturing firm, reportedly unveiled their new Galexia™ platform. This new platform is designed for ...

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3D at Depth reveals its Asset Integrity Solution at the NOSP
  Author: Saipriya Iyer

3D at Depth Inc., one of the leading experts in 3D data solutions and subsea laser LIDAR technology, recently held a successful showcase of technology in collaboration with OneSubsea at the Norwegian Forum for Offshore...

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Hyundai Mobis partners with Velodyne to develop new Lidar system
  Author: Saipriya Iyer

Beyond companies like Tesla who are developing self-driving cars, a set of automakers are investing heavily over the development of advanced vehicle parts. Tech firms working in the automobile sector are attracting rec...

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Lee Equity buys skincare brand Cosmetic Solutions for undisclosed sum
  Author: Saipriya Iyer

CEO Warren Becker and Chairman Mervyn Becker will continue leading the company   The Sage Financial Group acted as the financial adviso...

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Jack Links Protein Snacks partners with esports franchise Envy Gaming
  Author: Saipriya Iyer

The world of video gaming has revolutionized over the past couple of years and has become a fast-growing global phenomenon that comprises of millions of fans. Streaming services and live events have seemingly turned ca...

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Jerry’s Marine Service acquired by Lewis Marine Supply in Florida
  Author: Pranali Mehta

The global marine port and service market is expected to witness a substantial growth in the coming years. Owing to this growth, marine service sector is experiencing a general uptick in acquisitions and collaborations...

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Solvay to expand thermoplastic composites capacity at its U.S. plant
  Author: Pranali Mehta

Thermoplastic composites (TMCs) made from structural polymer composites have various uses in automotive, aerospace and construction industry. With rising demand in the transportation sector, several companies are now e...

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Automattic raises $300 million funding from Salesforce Ventures
  Author: Pranali Mehta

No matter what kind of business it is, having a website helps in reaching more clients. Today, WordPress is one of the leading content management systems in the world and reportedly around 34% of websites on the intern...

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Conecta Wireless allies with Tata Communications for digital services
  Author: Saipriya Iyer

Digitalization has become an integral part of businesses worldwide. With increasing emphasis on digital transformation, IT organizations across the globe have started expanding their business reach by partnering with i...

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Mouser Electronics and Transphorm sign new global distribution deal
  Author: Pranali Mehta

Compound semiconductors have become the focus of development in the past few years as semiconductor engineers have worked hard to obtain the next better device. Among these, GaN has gained prominence as it can be well ...

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Walker Die Casting acquired by Allison Transmission for $103 million
  Author: Saipriya Iyer

Walker manufactures aluminum castings and has been a supplier of the same to Allison from last 20 years. C&R Tool and Engineering and Walker Die Casting will operate as Allison Transmission plants and ...

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Convergint Technologies announces acquisition of security firm LSSI
  Author: Pranali Mehta

Global system integrator takes over security solutions industry-leader Life Safety Solutions Provider   Founded in 1978, LSSI has an in...

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BreadTalk plans to acquire Singapore’s Food Junction for $80 million
  Author: Saipriya Iyer

The take-over would be paid in cash, which would position BreadTalk as the third largest food court operator in Singapore. BreadTalk Group, a food and beverage comp...

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State of Utah awards new enterprise contract to NICs Utah Interactive
  Author: Pranali Mehta

With this contract, Utah Interactive would focus on providing consistent digital federal services. The state of Utah has recently awarded Utah Interactive LLC, a subsid...

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Lockheed Martin Takes Initiative to Build the F-16 for Taiwan
  Author: Saipriya Iyer

The first jets should come off the assembly line by the end of 2021 Lockheed Martin, an American global aerospace, defense, security and advanced technologies compa...

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