Category: Business
ServiceNow acquires Loom Systems to enhance AIOps capabilities
Author: Pankaj Singh

US-based enterprise cloud computing company ServiceNow has reportedly acquired Israeli AIOps firm Loom Systems. The acquisition will help ServiceNow expand its AIOps capabilities to off...

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Anexinet to help eMoney enhance Software-as-a-Service capabilities
Author: Pankaj Singh

Ongoing advances in financial technology or fintech are enabling businesses to navigate risks while cutting costs. In today’s dynamic era, digital transformation is positively imp...

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BAE Systems buys military GPS, radio businesses from US defense firms
Author: Hrishikesh Kadam

Technologies such as GPS and tactical radios are increasingly gaining prominence in modern warfare and play a critical role in countless military operations. British aerospace & de...

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Global 5G firms create new forum to enhance 5G interoperability specs
Author: Saipriya Iyer

The proliferation of the fifth generation wireless technology has been disrupting the networking domain increasingly by the day. Prominent members of the global cellular industry are be...

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Samsung aims to advance U.S. 5G plans with TeleWorld acquisition
Author: Hrishikesh Kadam

South Korean tech giant Samsung Electronics Co., Ltd. has reportedly sealed a deal to take over Chantilly, Virginia-headquartered network service provider TeleWorld Solutions (TWS). Wit...

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PE firm Insight Partners to acquire cloud company Veeam in $5 Bn deal
Author: Saipriya Iyer

US-based private equity firm Insight Partners has recently announced its acquisition of data management firm Veeam. The deal, valued at $5 billion, will result in the shift of the Swiss...

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Rockwell Automation bags Israel’s Avnet to boost cybersecurity efforts
Author: Hrishikesh Kadam

The manufacturing industry has evolved rapidly over the years and become more connected than ever before. Consequently, legacy physical security solutions are no longer sufficient enoug...

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Alexa voice assistant tech is coming to Lamborghini and Rivian cars
Author: Hrishikesh Kadam

American ecommerce major Amazon has partnered with numerous automakers in recent times to incorporate Alexa’s voice assistant technology into vehicles. Reportedly, the tech giant ...

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Razer-led consortium seeks full digital banking license in Singapore
Author: Hrishikesh Kadam

South East Asia’s digital lending market is booming as digital payment firms continue to target younger consumers who extensively use smartphones to play, text, and stream videos ...

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Vodafone Hutchison Australia, Nokia to roll out Australian 5G network
Author: Hrishikesh Kadam

The highly-anticipated fifth-generation of mobile networks promises to transform the way businesses share data and make transactions. The technology is expected to fuel advancements in ...

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OneConnect & SBI Holdings introduce new joint venture in Japan
Author: Saipriya Iyer

  The joint venture was officially inaugurated on 19th December 2019 This is the latest in a series of efforts made by OneConnect to further cultivate its overseas presence On...

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Rivian secures $1.3B in new funding to race past rival EV startups
Author: Pankaj Singh

As the trend of electric mobility advances, more and more pickup and delivery trucks are going electric. Trucking industry leaders have apparently started planning for this change in th...

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Facebook announces acquisition of Spanish cloud gaming startup PlayGiga
Author: Saipriya Iyer

The cloud is initiating a widespread transformation across the technological sector, most recently in the gaming domain. Cloud gaming gives users the ability to enjoy a sophisticated ga...

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Seedland launches China’s first UGV for residential communities
Author: Hrishikesh Kadam

Seedland Group, one of China’s leading real estate companies, recently deployed Hachi Auto, an autonomous vehicles designed for residential communities, in its Guangzhou-based com...

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WuXi ATU and GeneMedicine partner to develop oncolytic virus products
Author: Hrishikesh Kadam

Oncolytic viruses are an emerging class of immunotherapy agents that preferentially infect and destroy cancer cells. Leading biotechnology companies are focusing their attention on the ...

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Facebook is buying the studio behind hit VR rhythm game Beat Saber
Author: Pankaj Singh

Virtual reality is turning out to be a ‘game changer’ for the gaming industry. VR is currently one of the hottest topics among tech enthusiasts and lifestyle trends. The tec...

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Google Cloud and Ascension to build data-driven healthcare solutions
Author: Hrishikesh Kadam

In the eyes of tech giants such as Google, Apple, and Amazon, healthcare seemingly represents a massive business prospects. It’s no wonder these companies are exploring opportunit...

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Macnica and Baraja partner to bring LiDAR technology to Japanese OEMs
Author: Hrishikesh Kadam

Baraja Pty Ltd, a leading developer of LiDAR technology headquartered in Sydney, has reportedly inked a collaboration with Japanese tech firm Macnica, Inc. The companies reportedly int...

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SmarTone partners with Sigma Systems to speed up digital innovations
Author: Hrishikesh Kadam

Hong Kong-headquartered telco SmarTone has reportedly partnered with Sigma Systems, a leading provider of catalog-driven software solutions, to boost its digital transformation efforts....

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Google reportedly eyeing global wearable tech manufacturer Fitbit
Author: Pankaj Singh

Wearable technology and its applications have grown by leaps and bounds in recent years and the competition is heating up with every passing year. Apple, Samsung, Xiaomi, Fitbit and Hua...

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ADNOC, Adani-BASF to set up $4B chemical complex in Mundra, Gujarat
Author: Hrishikesh Kadam

The Abu Dhabi National Oil Company (ADNOC) has reportedly partnered with the Adani Group as it seeks entry into the chemicals business. Earlier this year, Adani had teamed up with Germa...

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SoftBank eyes control of WeWork through finance package worth billions
Author: Hrishikesh Kadam

Over the last few months the startups backed by Masayoshi Son have had a rough time, from WeWork’s messed up IPO to a considerable decline in Uber shares. Analysts had estimated t...

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UPS to invest $450 million to acquire over 6,000 CNG-powered trucks
Author: Hrishikesh Kadam

Atlanta-based transportation giant UPS recently declared its intentions to invest as much as $450 million in trucks powered by alternative fuels. The company said it plans to purchase o...

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Infosys bags Eishtec to expand BPO services in the Irish Market
Author: Hrishikesh Kadam

India’s IT sector has proliferated substantially over the years and is a major driver for the country’s economic growth and development. Indian IT giants have relied on time...

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Softeco and Fincons to design new aviation safety platform ECCAIRS 2.0
Author: Hrishikesh Kadam

Introduction of regulatory framework combined with cutting-edge technologies is set to transform the aviation industry landscape. With an increased focus on safety, leading technology c...

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Toyota mulls investing $391M in San Antonio truck assembly plant
Author: Hrishikesh Kadam

Japanese auto major Toyota has reportedly disclosed its plans to invest $391 million to expand its San Antonio-based plant that produces Tundra and Tacoma pickup trucks. Evidently, this...

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Grab intends to merge Indonesian payment firms OVO and DANA
Author: Saipriya Iyer

Analysts report that over half of Indonesians don’t have bank accounts and rely on smartphones for conducting financial transactions. Companies find the Indonesian digital payment...

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Peter Thiel’s Mithril Capital invests $45M in InMobi Group’s Glance
Author: Pankaj Singh

Artificial Intelligence (AI) is being hailed as the backbone for a number of groundbreaking smartphone applications. App developers around the world are focusing on introducing AI-drive...

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Battelle to use Headwall’s spectral imaging sensors to detect opioid
Author: Hrishikesh Kadam

With remarkable advancements in technologies such as AI and machine learning, leading developers of imaging technology are finding ways to use it for more diverse applications. Headwal...

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Warren Buffet’s Duracell eyes Eveready’s battery & flashlight business
Author: Hrishikesh Kadam

Warren Buffet’s Berkshire Hathaway owned battery manufacturer, Duracell Inc., has reportedly beaten industry rival Energizer Holdings and is set to take over the flagship company ...

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Alibaba pays $2B to acquire China’s cross-border shopping portal Kaola
Author: Pankaj Singh

Chinese ecommerce company Alibaba has recently announced that it intends to purchase Kaola, a cross-border ecommerce business, from Chinese internet technology company NetEase in a tran...

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Tata Communications and Neeco collaborate on IoT services for Europe
Author: Saipriya Iyer

Leading Indian telco Tata Communications has expanded its presence into the global internet of things (IoT) space via its latest collaboration with a major ICT services and hardware pro...

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TSB and Square team up to make card payments more accessible for SMEs
Author: Hrishikesh Kadam

Digital banking has exploded in the past decade, and an increasing number of emerging businesses are embracing online banking as an alternative method to conduct financial transactions....

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Flipkart and Authentic Brands to manage Nautica operations in India
Author: Saipriya Iyer

Online shopping is today one of the most preferred ways to shop for apparels and accessories. A significant number of people in India are opting for online apps and websites that provid...

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Chinese AI startup Megvii eyes Hong Kong IPO despite ongoing protests
Author: Pankaj Singh

Facial recognition has become a driving force behind realizing China’s vision to establish itself as a world leader in artificial intelligence (AI). The technology has already bee...

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VMware buys Carbon Black and Pivotal for $5B to boost cloud services
Author: Pankaj Singh

Software giants consider the future of corporates to be outlined by successful digital transformation, which impacts their business strategy around cloud and related technologies. Busin...

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Tech Mahindra divests 73.38% stake in subsidiary to U.S. firm for $2mn
Author: Pankaj Singh

Digital transformation has etched itself into the technology space as majority of enterprises are moving full throttle into optimizing internal as well as external business earnings. I...

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Reliance and Microsoft to jointly develop technology services in India
Author: Saipriya Iyer

Emerging technologies like artificial intelligence and blockchain are transforming each and every aspect of a business, as big corporations and startups seek digital transformation to t...

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Broadcom confirms $10.7B takeover of Symantec’s enterprise business
Author: Pankaj Singh

The security industry has witnessed a growing number of mergers and acquisitions over the past few years, as players are looking to reinforce their market presence and better compete wi...

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Salesforce buys Tableau for $15.7B to reinforce CRM and BI services
Author: Pankaj Singh

Fast emerging tech enterprises across the U.S. have fueled the acquisition trend across the business analytics and big data space. Business intelligence is helping companies improve rel...

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Pfizer, GSK confirm joint venture to build a consumer healthcare giant
Author: Saif Ali Bepari

Healthcare industry has witnessed remarkable transformations over the past few years, owing to innovative advances in drug formulation as well as the emergence of major partnerships. Th...

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Microsoft buys BlueTalon to reinforce privacy and governance services
Author: Saif Ali Bepari

Big Data trends have shifted rapidly in recent years, providing remarkable opportunities for businesses to achieve digital transformation. Numerous advancements have increased the size ...

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JPMorgan to power banking needs of emerging Indian midcap enterprises
Author: Pankaj Singh

Rapid urbanization all over the world has provided emerging businesses remarkable opportunities to expand their footprint. Leading investment firms have in turn extended their services ...

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AT&T to test its latest TV streaming service in select U.S. markets
Author: Saif Ali Bepari

Telecom giants and video streaming service providers worldwide are facing extreme competition with increased access to high quality original content and lowering network prices. Leading...

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PayU acquires Red Dot Payments, marks presence in Southeast Asia
Author: Saipriya Iyer

The global presence that businesses worldwide are attempting to establish, is rather evident from the efforts of companies to stabilize their reach across the biggest markets there are....

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Toyota develops AI-powered field support robot for Tokyo 2020
Author: Pankaj Singh

Autonomous technologies have gained tremendous momentum worldwide, encouraging industry players to come up with innovative ways to deploy artificial intelligence in automotive, robotics...

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Air Liquide and thyssenkrupp to reduce emissions in steel production
Author: Pankaj Singh

There has been a notable rise in investments towards a greener economy, majorly due to stringent carbon regulations, coercing industry players to switch to cleaner sources of fuel. In c...

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Philips buys Boston startup Medumo to improve patient engagement
Author: Saipriya Iyer

Digital transformation has enabled the healthcare sector to significantly enhance patient care and service quality. The segment has witnessed technological innovations in terms of stori...

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Nestlé unveils new chocolate recipe to cut down on refined sugar
Author: Pankaj Singh

The amount of sugar in chocolates is always a concern among parents and health conscious individuals, often dissuading the consumption of these tasteful food products. From dental healt...

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Druva acquires CloudLanes to expand on-premises data capabilities
Author: Saif Ali Bepari

Implementation of cloud architecture for data storage has become prevalent among leading organizations, especially enterprises deploying AI or IoT technologies. Businesses now require s...

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National Grid buys Geronimo Energy to boost decarbonization efforts
Author: Pankaj Singh

As the awareness rises among consumers and corporates regarding conservation of natural resources as well as utilization of cleaner, greener technologies, utilities have turned towards ...

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Lotte Chemical and GS Energy set up new petrochemical partnership
Author: Saif Ali Bepari

A growing number of collaborations are being observed globally in the oil & gas as well as chemical sectors, primarily due to the need for exploring joint business opportunities and...

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Ford and Volkswagen to advance EV and self-driving tech partnership
Author: Pankaj Singh

Building a safe and deployment-ready autonomous car is arguably beyond the capability of any single automaker or technology provider. Companies have realized that they alone cannot make...

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European startups look to develop more robust self-driving technology
Author: Pankaj Singh

Autonomous vehicle technology has witnessed unparalleled growth in terms of investment as well as on-road deployment over the last two years across the U.S., Europe and some other parts...

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IBM successfully completes acquisition of Red Hat for USD 34 billion
Author: Saipriya Iyer

The proliferation of the hybrid cloud – a world within itself, has brought about a slew of changes in the global technology and industrial landscape. Having recognized the eventua...

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PayU acquires Red Dot Payments, marks presence in Southeast Asia
Author: Saipriya Iyer

The global presence that businesses worldwide are attempting to establish, is rather evident from the efforts of companies to stabilize their reach across the biggest markets there are....

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Capgemini seals acquisition offer for consultancy firm Altran
Author: Pankaj Singh

The domain of consulting is increasingly becoming an expansive industry of sorts, owing to the widespread demand for assistance and advice pertaining to the strategy, management, and op...

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AT&T continues colossal investment rampage to boost networks
Author: Saipriya Iyer

Texas-headquartered multinational conglomerate holding company AT&T seems to be on the verge of a massive investment spree. The firm, since 2016, has been emptying its coffers towar...

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Fuji buys Consul Neowatt, strengthens manufacturing presence in India
Author: Saif Ali Bepari

The acquisition waves seem to be going rather strong for electric equipment maker Fuji Electric Co., Ltd. A reliable leader in the manufacturing of gas analyzers, pumps, flowmeters, pre...

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