Category: Business
Mobility management firm Passport secures $65Mn from Series D funding
  Author: Anchal Solanki

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: Anchal Solanki

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: Anchal Solanki

  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: Anchal Solanki

  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: Anchal Solanki

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: Deeksha Pant

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: Anchal Solanki

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: Deeksha Pant

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: Anchal Solanki

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: Anchal Solanki

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: Anchal Solanki

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: Anchal Solanki

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: Deeksha Pant

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: Deeksha Pant

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: Deeksha Pant

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: Anchal Solanki

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: Deeksha Pant

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: Anchal Solanki

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: Deeksha Pant

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: Anchal Solanki

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: Deeksha Pant

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: Anchal Solanki

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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DoorDash acquires Scotty Labs to foray into automated food delivery
  Author: Deeksha Pant

Procurement of Scotty Labs delivers DoorDash access to Scotty’s remote controlled and autonomous vehicle tech.   Scotty Labs is t...

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Starship Technologies raises $40 million in Series A funding round
  Author: Anchal Solanki

The ambitious aim of the company is to deploy robots at 100 schools within the next two years. Starship Technologies, a company that specializes in developing self-...

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Novacap portfolio company completes $889M acquisition of SafeCharge
  Author: Deeksha Pant

Payment expert Nuvei completes $889M acquisition of SafeCharge with support of Novacap and CDPQ.   This purchase will provide mutual bu...

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New Relic assists Komatsu improve its digital customer experience
  Author: Deeksha Pant

Komatsu commits to rollout New Relic at all its Smart Construction sites. The construction equipment company raises its consumer response request t...

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Airbnb buys Urbandoor, ensures comfortable stay for travellers
  Author: Anchal Solanki

Airbnb and Urbandoor to work closely for ensuring the comfort for the corporate clients travelling for business purpose. The Urbandoor team will mo...

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Verizon confirms 5G network expansion to four additional U.S. cities
  Author: Anchal Solanki

·         Verizon continues to lead the world in terms of deploying the next-generation network ·  &...

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Cuba to expand internet connectivity while maintaining strict control
  Author: Deeksha Pant

Cubans will not have to travel to centralized public sites for connection anymore   Mobile phones in Cuba have access to 3G connectivit...

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OpenTable partners with delivery firms to expand into food deliveries
  Author: Anchal Solanki

Uber Eats, GrubHub, and Caviar would be OpenTable’s three delivery service partners.   The new delivery partners would power deli...

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Sodexo BRS values fintech startup Zeta at $300Mn post Series C funding
  Author: Anchal Solanki

The company plans to expand its branches in 7-8 countries within 18 months while doubling its engineering team. Zeta, an Indian fintech startup led by Ramki Gaddipa...

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TikTok parent ByteDance acquires UK’s AI music startup Jukedeck
  Author: Anchal Solanki

The acquisition would allow TikTok to use more royalty-free tracks, further saving it from expensive licensing problems. TikTok's parent firm, ByteDance has acq...

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VMware to buy machine learning acceleration startup Bitfusion
  Author: Anchal Solanki

The Texas-based start-up has created an elastic & virtual OS for hardware accelerators. VMware Inc., a software company, recently announced plans to acquire Bit...

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Bayer confirms move to add 500 jobs at its Creve Coeur facility
  Author: Deeksha Pant

Bayer AG, the Germany-based multinational pharmaceutical and life sciences company, plans to bring 500 hundred jobs to Creve Coeur campus and has invested US$164 million for the facility’s improvement. ...

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Oyo acquires co-working space startup Innov8 for INR 200 crores
  Author: Anchal Solanki

The purchase marks Oyo’s first footprint into the commercial real estate segment. In a bid to expand its business operations to 50 centers by the end...

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SSG opens new office in Hong Kong to expand operations in Asia-Pacific
  Author: Deeksha Pant

Selling Simplified Group Inc., a privately-held provider of marketing solutions and B2B data, recently announced that it has expanded its presence in the Asia pacific (APAC) region following the opening of its new offi...

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Cal-X acquired by Prototek, CORE Industrial Partners’ portfolio firm
  Author: Anchal Solanki

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 fabric...

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AppLovin buys SafeDK to enhance GDPR compliance and app security
  Author: Deeksha Pant

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 ...

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Cactus Outdoor acquires Albion to drive apparel production in NZ
  Author: Deeksha Pant

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 c...

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Indian low-cost airline GoAir launches 7 new international routes
  Author: Anchal Solanki

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....

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Solar major Lightsource BP acquires renewable projects in Brazil
  Author: Deeksha Pant

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. ...

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Dott to launch e-bike hiring solutions with newly raised funds
  Author: Deeksha Pant

In a fundraising round led by present investors like Naspers and EQT, a Europe-based startup firm Dott has secured 30 million euros for launching electric bike rental business and to introduce a brand new range of elec...

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