Cal-X acquired by Prototek, CORE Industrial Partners’ portfolio firm

Prototek, the portfolio company of the Chicago-headquartered private equity firm CORE Industrial Partners, reportedly announced that it has acquired Cal-X, Inc., a provider of sheet metal and precision machining fabrication rapid prototypin....

DiDi unveils new product updates to enhance safety and user experience

Beijing-headquartered multi-modal transportation technology platform Didi Chuxing (DiDi) has recently announced a series of major product updates across its rapidly expanding international markets in Latin America, Australia and Japan. Thes....

AppLovin buys SafeDK to enhance GDPR compliance and app security

AppLovin, a mobile marketing and gaming platform that offers tools for game development around  monetization, user acquisition, analytics and publishing, recently announced that it has acquired SafeDK, a software development kit (SDK) ....

Cisco to buy Acacia Communications to expand optical systems portfolio

Reports confirm that Cisco and Acacia Communications have inked a definitive agreement, according to which Cisco would be acquiring Acacia for around $2.6 billion on a fully diluted basis, net of marketable securities and cash. Cisco will ....

Cactus Outdoor acquires Albion to drive apparel production in NZ

Cactus Outdoor, New Zealand-based outdoor clothing brand recently announced acquisition of garment manufacturer, Albion Clothing. Cactus did not reveal details regarding the financial transaction. However the company confirmed that both the....

Waymo tests free Wi-Fi & music in robo taxis to attract more riders

Self-driving technology development company Waymo, LLC, a subsidiary of Alphabet Inc., the tech giant, recently initiated testing of free Wi-Fi in its robo-taxis in greater Phoenix. Reportedly, a number of the company’s driverless min....

Hyundai smart EVs to reach Indian showrooms in two to three years

Hyundai headquarters recently approved the Smart EV project that aims to introduce smart electric vehicles to the Indian market. Products developed under the initiative are expected to hit showrooms in two to three years. Hyundai Motor....

Indian low-cost airline GoAir launches 7 new international routes

In the next two years, GoAir anticipates reaching the 100 million passenger mark.   GoAir runs a low-cost carrier model, demanding cost leadership, operational efficacy, and reliability. GoAir, India's budget airline is repor....

Solar major Lightsource BP acquires renewable projects in Brazil

Lightsource BP, the renowned solar energy market player, has reportedly acquired a large number of projects in Brazil. The move is said to be against Lightsource’s aim to expand its current global capacity. As per sources familiar wi....

Blackstone on the verge of building world-class solid-state battery

Swiss holding company Blackstone Resources AG, has reportedly joined hands with some of its strategic partners across Poland, Germany, Austria, and Belgium. The aim of the partnership is for the company to build and finance its own research....