Nokia furthers SoftBank Corp.’s plan to complete 5G connected car test

Nokia appears to go full throttle as the Finnish company is offering state-of-the-art equipment from its end-to-end 5G portfolio to SoftBank Corp. to substantiate that non-standalone 5G technology can be commercially used to operate connect....

Xerox ups bid to $24/share to acquire HP, hostile takeover now likely

The new deal amounts to $34 billion now.   HP had declined an unsolicited cash and stock offer of $22 per share. After months of relentless merger negotiations between the two printing behemoths, Xerox has reportedly decided to f....

KSQ Therapeutics indicates identification & validation of CT-1

KSQ Therapeutics has propelled their effort to derail refractor solid tumors by growing —eTIL™—engineered tumor infiltrating lymphocyte therapies by announcing the identification and validation of CT-1. It is worth mention....

SAIC announces acquisition of Unisys Federal for USD 1.2 billion

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. The Unisys purchase will add an additional 2,000 employees to SAIC. ....

Loon & HAPSMobile develop communications payload for the HAWK30 UAV

Loon, an Alphabet subsidiary working to deliver internet services to rural areas, and SoftBank Corporation’s HAPSMobile, currently planning to operate HAPS networks, together announced the successful development of a new communication....

BioMotiv, Bristol-Myers launch biotech firm Anteros under partnership

Anteros will focus on developing new class drugs for inflammatory diseases This is the first firm launched by the companies under their Strategic Partnership Agreement Drug development accelerator BioMotiv along with Bristol-Myers Squi....

Eaton to acquire PDI for data center power distribution solutions

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, power monitoring equipm....

Humana and WCAS form a joint venture to develop primary care centers

American health insurer, Humana Inc. and private equity firm WCAS (Welsh, Carson, Anderson & Stowe) have reportedly formed a joint venture to develop senior-focused primary care centers. Reportedly, this joint venture wil....

VSE set for divestment—Prime Turbines to be sold for $21 million

The Aviation Group will focus on higher growth component and accessory repair and part distribution. The divestment is expected to be completed till March 2020, subject to legal conditions. In what appears to be an all-cash deal, VSE C....

Lime e-scooters replace bikes as preferred transport mode in Calgary

Lime’s dockless bike-share service launched in Calgary in 2018, is reportedly facing a dip in popularity after the arrival of Lime e-scooters and its adoption for sustainability. Lime is a transportation company that is based in the U....

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