Hinterland Metals inks letter of intent to procure Novamind Ventures
  Author: Akshay Kedari

Hinterland Metals Inc., a junior mineral exploration firm based in Canada, has reportedly announced that it has inked a binding LOI (letter of intent) under which it would acquire all outstanding shares of Toronto-base...


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Walmart to turn parking lots into drive-in theaters with Tribeca
  Author: Akshay Kedari

American retail giant, Walmart Inc. has recently announced that it will be collaborating with Tribeca Enterprises to transform almost 160 of its U.S. store parking spaces into temporary drive-in movie theaters until th...


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Brainlab acquires Level Ex to offer digital tech in healthcare sector
  Author: Mateen Dalal

Brainlab, a privately held medical technology company, has recently acquired a video game developer for medical professionals, Level Ex. The video games created by the company are used in training doctors to diagnose &...


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Piramal Pharma-G&W enter acquisition deal for Sellersville facility
  Author: Akshay Kedari

PEL’s (Piramal Enterprises Limited) Piramal Pharma Solutions, a CDMO (Contract Development & Manufacturing Organization), has reportedly entered an agreement with G&W Laboratories. Under the agreement, th...


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Walmart acquires technology from digital health company CareZone
  Author: Akshay Kedari

Walmart, the retail giant, recently announced plans to acquire technology & intellectual property from a start-up, CareZone, that is focused on making it easier for people to manage multiple medications. ...


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Dr. Reddy's purchases some of Wockhardt's business divisions
  Author: Mateen Dalal

Dr. Reddy's Laboratories, a multinational pharmaceutical company manufacturing and marketing a wide range of pharmaceuticals in overseas and India, has reportedly announced that it has acquired a few business divis...


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Hippo Insurance Services takes over Spinnaker Insurance Company
  Author: Mateen Dalal

Home-insurance and ownership transformer, Hippo Insurance Services, has reportedly announced its acquisition of national property and casualty insurer, Spinnaker Insurance Company. Hippo was advised for this acquisitio...


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ZALORA-The Trade Desk to collaborate for new measurement capabilities
  Author: Mateen Dalal

ZALORA, a leading online fashion destination, has reportedly agreed to collaborate with an advertising technology platform, The Trade Desk, on attribution integration in Asia. This attribution integration will provide ...


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Newton Mail creator Rohit Nadhani unveils asset tracker app Kubera
  Author: Mateen Dalal

Rohit Nadhani, a serial entrepreneur, has recently launched Kubera, a new startup that mainly aims to provide an alternative to utilizing a spreadsheet for keeping a track of the investments, debts, assets, cryptocurre...


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KYB inks deal with REE Automotive to bring advanced EV solutions
  Author: Akshay Kedari

  KYB’s highly advanced semi-active and active system solutions will drive the next-gen electric vehicle production efforts of REE ...


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Merck acquires rights for SENTINEL branded products from Virbac
  Author: Mateen Dalal

Merck Animal Health, a renowned veterinary products and services company and a subsidiary of Merck & Co., and Virbac, a French animal healthcare pharmaceutical company, jointly announced that they have signed a new...


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Spiffy acquires Carmacy Fleet to strengthen its car care portfolio
  Author: Mateen Dalal

Get Spiffy, Inc., an on-demand technology and services company, has reportedly acquired an American mobile fleet maintenance service provider company, Carmacy to strengthen its fleet maintenance   service por...


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Avecho inks medicinal cannabis supply deal with Tasmanian Alkaloids
  Author: Mateen Dalal

Avecho Biotechnology, a renowned Australian pharmaceutical company, has reportedly announced a new medical cannabis supply contract with Tasmanian Alkaloids, an Australian biopharmaceutical company, with an aim to boos...


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NFP buys Johnson Fleming Group to expand its footprint in the U.K.
  Author: Mateen Dalal

  NFP aims at introducing expertise and advancements in the U.K. benefits and pension market The acquisition will enhance employer com...


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U.S. FDA gives nod to University of Minnesota’s low-cost ventilator
  Author: Mateen Dalal

The U.S. Food and Drug Administration (FDA) has reportedly given a green flag to the production and use of a low-cost ventilator designed by the University of Minnesota’s team of researchers along with an alumnus...


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CSC buys TCS, expands alternative investment fund capabilities in Europe
  Author: Mateen Dalal

CSC, a leading firm providing legal, tax, as well as digital and business services across the world, has recently announced that it has finished its acquisition of TCS-Groep, a service provider of alternative investmen...


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SAIC announces acquisition of Unisys Federal for USD 1.2 billion
  Author: Mateen Dalal

The deal marks as the second-largest procurement by SAIC in recent times when it purchased Engility- another large contractor for a total valuation of USD 2.5 billion. ...


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Eaton to acquire PDI for data center power distribution solutions
  Author: Mateen Dalal

Eaton Corporation Inc., an Irish multinational power management company, has reportedly agreed to acquire Virginia-based Power Distribution, Inc. (PDI). For a record, PDI supplies mission-critical power distribution, p...


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VSE set for divestment—Prime Turbines to be sold for $21 million
  Author: Akshay Kedari

The Aviation Group will focus on higher growth component and accessory repair and part distribution. The divestment is expected to be completed til...


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Kone hands in highest offer for Thyssenkrupp’s elevator unit at $18.9B
  Author: Mateen Dalal

Kone, a Finland-based engineering and service company, is reportedly attempting to outbid rival companies with a preliminary offer of $18.9 billion (17 billion euros) for Thyssenkrupp’s elevator unit. The offer, ...


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ArcTern invests in Terramera to boost sustainable farming practices
  Author: Akshay Kedari

  Terramera closed the funding round with USD 48.5 million with other investors including S2G ventures, Ospraie Ag Science The investm...


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Teijin to establish TACE to enhance automotive composite business
  Author: Akshay Kedari

Teijin Limited, a technology-driven company, has announced its interest to establish TACE (Teijin Automotive Center Europe GmbH) in Wuppertal, Germany. The center would function as a new base for Teijin to execute technical functions withi...


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Boeing to develop VTOL technology with Israel’s Tactical Robotics
  Author: Mateen Dalal

U.S. based aerospace company, Boeing has announced inking a partnership agreement with UAV specialist Tactical Robotics. Under this agreement, both the firms would jointly work on marketing, producing and developing ai...


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Flair Airlines amid plans to grow its fleet and offer low cost fares
  Author: Akshay Kedari

Flair Airlines, a scheduled, independent, and low fare airline company, is seeking to expand its fleet of Boeing 737 aircraft to deliver low cost travels to a market starved of competition. Based in Edmonton, Flair Air...


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Olam International to regroup into global and ingredients businesses
  Author: Akshay Kedari

The aim of the move is to simplify the diverse portfolio of the company Company’s regrouping is part of the new strategic plan for fiscal 201...


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Kalmar enables improvement of automation for Patrick Terminals
  Author: Akshay Kedari

Kalmar, a subsidiary of Cargotec, a renowned Finnish cargo-handling company reportedly announced the completion of a comprehensive software support and maintenance contract with Patrick Terminals, a renowned Australian...


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EnChroma launches brand new line of lenses
  Author: Akshay Kedari

The new lens series may be beneficial for patients with conditions such as macular degeneration, glaucoma, cataracts, optic neuropathy, and other visual disorders. ...


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Grab partners with Singtel for Singapore digital banking license
  Author: Akshay Kedari

Grab, a technology concern based in Singapore, has announced that it is forming a consortium with Singapore Telecommunications (Singtel) to submit an application for a full digital banking license. The move signifies t...


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Autonomous aircraft firm Pyka secures $11 million in seed funding
  Author: Akshay Kedari

Pyka, a renowned bay area based autonomous aircraft company, reportedly announced that it has secured $11 million from a new seed round. The investment round was led by Prime Movers Lab. Meanwhile, Greycroft, Bold Capi...


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COOEC-Fluor announces safe completion of module program in Kuwait
  Author: Akshay Kedari

Fluor Corporation, a global engineering and construction firm, has reportedly announced that its JV COOEC-Fluor fabrication yard in China, has securely completed the module program for the Al-Zour project of KIPIC (Kuw...


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Ant Financial acquires significant stake in Vietnamese eMonkey
  Author: Mateen Dalal

Amid various M&As and collaborations taking place amid the ecommerce space, one of China’s leading finance firm, Ant Financial has announced taking over a sizable stake in Vietnam’s e-wallet platform, e...


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TowerJazz denies selling its 51% stake in Japan chip JV with Panasonic
  Author: Akshay Kedari

  Panasonic announced the sale of its of semiconductor business to Taiwan based Nuvoton The Panasonic-TowerJazz JV comprises three man...


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Ocado to open new mini robotic Customer Fulfilment Centre in Bristol
  Author: Mateen Dalal

It will be the first mini-robotic warehouse of Ocado in Bristol. Ocado, a British online grocer, has announced that it has been planning to open a mini robotic war...


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China Telecom, Syniverse extend new connectivity solutions to Africa
  Author: Mateen Dalal

CTG will design a cost-effective connectivity solution with superior performance and security   African mobile operators can adopt next...


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Meta Byte and Virsec to offer cybersecurity in the Middle East
  Author: Mateen Dalal

Meta Byte Technologies, a provider of next-gen technology solutions, recently announced that it has inked a strategic partnership with Virsec, a leading firm in cybersecurity innovation and a renowned pioneer in cyber ...


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TikTok owner ByteDance in talks to enter subscription music business
  Author: Mateen Dalal

Beijing ByteDance Technology Co Ltd, owner of popular short-video app TikTok has recently announced its intention to enter the streaming music business. The Chinese firm has set its sights on developing a brand new Tik...


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China’s Xpeng Motors secures $400m to expand electric car production
  Author: Mateen Dalal

  Xpeng has already launched vehicles like G3 SUV and P7 sedan Xpeng and investors like Xiaomi will work together to develop new techn...


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Eastman partners with Circular Polymers to recycle waste carpets
  Author: Mateen Dalal

With each passing day, the challenges associated with waste recycling is intensifying across developed countries. Old carpets pulled from houses and commercial buildings have turned out to be the most problematic waste...


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Halliburton signs agreement with ARTC to become an anchor member
  Author: Akshay Kedari

The development of these collaborative solutions will improve value for customers. Halliburton Company has reportedly announced that it has entered into a strategic...


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U.S.-based ConnectWise announces acquisition of ITBoost and Continuum
  Author: Mateen Dalal

ConnectWise has made some groundbreaking developments in the IT industry. With solutions helping in remote management and monitoring, business management, quote automation, cybersecurity risk assessments, and remote ac...


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Lockheed Martin inks a new $34 billion F-35 contract with the Pentagon
  Author: Akshay Kedari

The F-35 Lightning stealth fighters, integrated with Block IIIF software, developed by Lockheed Martin, the American aerospace and defense company, in collaboration with the Pentagon are expected to enter service in 20...


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Confluence procures UK-based StatPro in an all-cash £161.1Mn deal
  Author: Akshay Kedari

Confluence Technologies, a renowned US-based software company that offers back-office automation systems for the global investment management market, reportedly announced the acquisition of StatPro Group plc, a renowne...


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Micron Ventures to take part in Volocopter’s Series C investment round
  Author: Mateen Dalal

Increasing migration of people to urban localities is revolutionizing the mobility sector. The need for innovative solutions in transportation is fueling private aircraft manufacturers. Volocopter, a German aircraft ma...


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Samsung SDS announces partnership with Tech Mahindra and Pega
  Author: Mateen Dalal

Blockchain has managed to become the most effective invention of the century as it progresses towards becoming the backbone for a new type of internet, as well as is far more than what it was originally meant to do, i....


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Mastercard announces expansion of Bill Pay Exchange with partners
  Author: Akshay Kedari

In an era of digitalization and internet, businesses are continuously working on innovative solutions to improve brand value. In a bid to have a competitive edge over rivals, numerous companies are rolling out innovati...


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Vodafone Idea & TCS extend their long-term partnership by 5 years
  Author: Mateen Dalal

Indian telecom operator, Vodafone Idea Ltd., has reportedly extended its strategic partnership with IT conglomerate Tata Consultancy Services Ltd. by additional five years to improve its telecom user’s experience...


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ACERTUS launches proprietary TMS for ease of vehicle transport
  Author: Akshay Kedari

Transportation Management System industry is projected to emerge as one of the highest revenues gaining markets in the future owing to the benefits it provides automotive shippers. Several automotive industry players a...


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Samsung Pay partners with Finablr for cross-border transactions
  Author: Akshay Kedari

With the advent of digitalization, the digital transaction sector is growing at an exponential rate. The ease of paying and increased smartphone penetration are the key factors that are influencing digital transactions...


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Convergint Technologies acquires Real Connect to expand in Europe
  Author: Mateen Dalal

Service based system integration firms are witnessing a substantial growth recently due to the integration benefits in quality and productivity of operations. Pertaining to the rapid industry growth and integration adv...


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Sinch to acquire myElefant for €18.5 Mn in an all-cash transaction
  Author: Akshay Kedari

· The acquisition will help Sinch enhance its business outcomes through next-gen messaging. · The transaction will be closing in early October...


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Darwinbox raises $15M in a Series B funding round led by Sequoia India
  Author: Akshay Kedari

The Hyderabad-based startup to bring its HR tech platform to more Asian markets with the fresh funding Darwinbox, a Hyderabad-based startup that offers a cloud-based human resource ...


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FarmWise raises $14.5 million for sustainable farming robot systems
  Author: Mateen Dalal

With the advent of technological advancements in the agricultural sector, farmers are now trying to address issues such as equipment management and crop care using robots. Numerous agri-tech companies are raising inves...


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Toyota plans to use same batteries as Tesla for China plug-in hybrids
  Author: Mateen Dalal

·    The automaker is using batteries designed by Panasonic for Levin and Corolla hybrid sedans for the Chinese market.  ·    The move will help Toyota secure high-quality batteries as...


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Ceridian inks an agreement to acquire WFM solution provider RITEQ
  Author: Akshay Kedari

The acquisition would advance Ceridian’s momentum in New Zealand and the Australian markets. Ceridian HCM, Inc., a leading human capital management (HCM) tech...


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ZTE paves its way back to US smartphone market with Axon 10 Pro
  Author: Mateen Dalal

Chinese manufacturer launches Axon 10 Pro in the US following imposed penalty few years ago. Axon 10 Pro is claimed to be driven by Qualcomm's ...


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Blue Tie Global launches platform in UAE, enters international market
  Author: Akshay Kedari

The expansion in the International waters will augment the company’s penetration into the other GCC and Middle Eastern markets. Mumbai based new age professio...


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ThredUP receives $175M in funding, will use capital to expand platform
  Author: Mateen Dalal

US-based online clothing resale store, ThredUP announced having received $175 million in funding which will be invested for the expansion of its online resale services to the retailers. The total capital raised by the ...


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DSV buys Panalpina to become one of the largest airfreight providers
  Author: Akshay Kedari

Denmark company takes over Swiss logistics group Panalpina in a deal of over USD 5.5 million.   This acquisition will create the world&...


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Coinmine raises $2.5 million in investment in its seed funding round
  Author: Akshay Kedari

Republic Labs, M13 Ventures, Gumi Crypto & early Uber financer Shervin Pishevar contributed to this funding.   Almost 10% of custo...


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Amazon to acquire 10% stake in household retailer Future Retail
  Author: Mateen Dalal

Amazon plans to expand its reach in the Indian market in a bid to compete with Walmart owned Flipkart. Amazon Inc., a multinational tech company based in Seattle, ...


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KKR forms alliance with NVC Lighting, acquires share in NVC China
  Author: Mateen Dalal

The resources and operational expertise of KKR supports NVC Lighting’s China Lighting business for sustained growth in the domestic market.   ...


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IMT FA to launch in Asian markets as factory automation supplier
  Author: Mateen Dalal

The factory automation supplier is set to launch its brand in the Asian markets by 2019. The company has attained patents and certifications relate...


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Amazon plans to build fulfillment centers in Akron & Rossford, Ohio
  Author: Mateen Dalal

The company’s new fulfillment center would generate around 2,500 full-time jobs in Ohio.         Amazon.com, Inc., an...


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PayPal extends its international money transfer service to Europe
  Author: Akshay Kedari

Transfer of money to international markets would become easier through the service.   The money transfer service would be made availabl...


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Microsoft’s $399 Azure Kinect Developer Kit to ship in China & the US
  Author: Akshay Kedari

Microsoft, the tech giant, recently announced that its Azure Kinect Developer Kit, a $399 perception system for speech solutions & computer vision, will be available for shipping to pre-order customers in the U.S. ...


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CNOOC, Sinopec ink cooperation agreement to study offshore blocks
  Author: Mateen Dalal

Both parties have reportedly signed three joint study agreement under the framework CNOOC Limited, the largest crude oil and natural gas producer in China, recently...


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ZipLine acquires Florida-based gift card payment platform SmartClixx
  Author: Akshay Kedari

The acquisition would facilitate ZipLine an entry into the gift card segment. The newly acquired assets further complement ZipLine’s existing...


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NGL Energy confirms Mesquite acquisition, secures investment form EIG
  Author: Mateen Dalal

Combining the assets of Mesquite will create Delaware Basin’s largest water disposal system NGL Energy Partners LP, a diverse midstream MLP providing several ...


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Speech recognition AI startup Uniphore targets $38m in Series C round
  Author: Mateen Dalal

Uniphore is anticipated to be valued at $130 million by the end of the current round Uniphore Software Systems, a Chennai-headquartered speech recognition solutions company, is reportedly in talks for a $38 million Series ...


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Flight Centre fortifies European footprint with acquisition of 3Mundi
  Author: Mateen Dalal

Flight Centre Travel Group, an Australia-based travel agency has recently announced that it has acquired 3Mundi, a Paris-based corporate travel group. The acquisition has brought around $275 million in TTV, under Fligh...


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Wysa raises $2M in pre-series A funding round led by pi Ventures
  Author: Akshay Kedari

Wysa has helped over 1.2M people across 30 countries through 80 million conversations. Wysa, an AI mental health startup based in Bengaluru, has reportedly raised $...


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Nexen Tire partners with Plug and Play for future tech development
  Author: Mateen Dalal

The partnership was announced at Plug & Play’s headquarter in Sunnyvale, California Nexen Tire, a leading tire manufacturer, recently announced that it ha...


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Thrive Global & P&G tie up on consumer behavior change via Microsteps
  Author: Akshay Kedari

The New York-based Thrive Global, has reportedly signed a partnership with P&G, the American multinational consumer goods corporation to combine behavioral science and daily habits pertaining to P&G’s pro...


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NetApp, NVIDIA join forces to develop AI Centre of Excellence in India
  Author: Mateen Dalal

It will help partners and customers who are looking for AI deployment as a part of their transformation journey NVIDIA, the graphics processing unit designer and Ne...


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Victory Metals initiates Phase II drill program at Iron Point Project
  Author: Mateen Dalal

The program will include drilling 49 holes using one diamond drill rig and two reverse circulation (RC) rigs. Vancouver-based Victory Metals Inc. has recently annou...


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PTT Exploration & Production PLC selects VALLOUREC for supplying OCTG
  Author: Mateen Dalal

Thailand-based PTT Exploration and Production PLC has reportedly selected Vallourec to provide oil country tubular goods for a demanding offshore project situated in Myanmar. ...


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Grab seeks more investment after record $4.5B funding round in SE Asia
  Author: Akshay Kedari

Grab will look to partner with more companies that can provide complementary technology and services to help grow its business in the region Grab, the ride-hailing ...


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