Rowan Innovation Venture Fund backs MRIMath with an investment of $200K
Date: 2022-10-20   Autor: Saipriya Iyer

University-based private equity fund, the Rowan Innovation Venture Fund, has reportedly invested $200,000 into MRIMath, LLC, a startup affiliated with the Rowan University that utilizes artificial intelligence (AI) to enhance brain tumor detection, a...

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Amazon India launches ‘Select’ program to assist emerging brands
Date: 2018-10-01   Autor: Shikha Sinha

E-commerce giant Amazon has reportedly started a new program called ‘Select’ in India. As per trusted sources, the program will enable emerging brands in the country to get access to a suite of brand building tools and services. Amazon I...

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Equatorial Guinea set to launch new oil & gas bid round in January
Date: 2018-09-06   Autor: Shikha Sinha

Equatorial Guinea has reportedly announced that it will be launching a new bidding round for oil & gas exploration in the first quarter of 2019. According to reports, the bidding round would be for oil & gas exploration specifically in the on...

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Water companies submit plans to cut prices across England and Wales
Date: 2018-04-09   Autor: Shikha Sinha

Water companies have reportedly laid out plans to slash bills for millions of households in England and Wales. As per trusted sources, companies like United Utilities and Severn Trent have announced plans to reduce leaks and cut the average bill by 5...

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Auto brand Mercedes explores possible tie-up with Sahara Force India
Date: 2018-08-27   Autor: Pankaj Singh

Formula One World champion Mercedes is reportedly seeking to form a collaboration with Formula One team Sahara Force India. The decision has come on the heels of Ferrari’s collaborations with Haas, claims Toto Wolff, owner and executive directo...

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CSIRO unveils roadmap for hydrogen energy industry in Australia
Date: 2018-08-25   Autor: Shikha Sinha

Australian scientific research federal government agency, CSIRO has reportedly unveiled a new blueprint to build a hydrogen energy industry in Australia. As per trusted sources, the research agency aims to establish Australia as the hydrogen leader o...

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Stratasys commences shipments of cost-effective industrial 3D printer
Date: 2018-08-23   Autor: Pankaj Singh

Additive manufacturing magnate Stratasys has reportedly announced that it has started shipping its supposedly low-cost Fortus 380mc CFE (Carbon Fiber Edition) for USD 70,000. As per sources, the new product is an AMS (addictive manufacturing system) ...

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Ensign kicks off a C$947 million bid to take over Trinidad Drilling
Date: 2018-08-16   Autor: Shikha Sinha

Ensign Energy Services Inc. is reportedly offering its Calgary-based cross-town neighbor and competitor Trinidad Drilling Ltd. an amount of $1.68 per share. The company aims to commence a hostile C$470-million bid to take over the Trinidad Drilling. ...

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Prudential & Babylon team up to provide AI-powered healthcare in Asia
Date: 2018-08-04   Autor: Shikha Sinha

Prudential Corporation Asia, a subsidiary of Prudential plc, has announced to have inked a strategic partnership with Babylon Health to offer accessible & affordable healthcare across the Asian continent through digital healthcare services. As pe...

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CATL builds factory for supplying batteries to German automakers
Date: 2018-07-11   Autor: Shikha Sinha

Contemporary Amperex Technology Ltd (CATL) a Chinese battery company has reportedly chosen a site for its battery manufacturing setup in eastern Germany. As per sources, the company aims to meet the battery demand of major automobile manufacturers th...

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Wind Tre hands over a $700mn equipment supply contract to Ericsson
Date: 2018-07-05   Author: Pankaj Singh

Swedish telecommunications equipment manufacturer, Ericsson AB has apparently won a contract worth EUR 600 million (USD 700 million) to supply wireless equipment to Wind Tre. The company will also be responsible for in...

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LabCorp & Philips to tie up for advancing the use of digital pathology
Date: 2018-07-03   Author: Pankaj Singh

LabCorp, a prominent life sciences company and Royal Philips, a formidable name in health technology, have announced a partnership which is aimed at enhancing digital pathology. As a part of the collaboration, the Phil...

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Bird raises $300M amid intense competition in the scooter industry
Date: 2018-07-01   Author: Pankaj Singh

Thursday witnessed the long-awaited round of funding for Bird, one of the most hyped start-ups in the scooter segment, which fetched another $300 million in investments. The funding round was prominently led by Sequoia...

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LG Chem brings Enbrel biosimilar Eucept to the Korea industry
Date: 2018-06-30   Author: Pankaj Singh

LG Chem, the South Korean chemical behemoth recently announced the launching of Eucept in Korea. Incidentally, Eucept is a biosimilar version of Enbrel which is developed by Amgen and marketed by Pfizer. Enbrel is one ...

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County Line to acquire all assets of hydroponics system, Grow Box 5000
Date: 2018-06-28   Author: Shikha Sinha

County Line Energy Corporation, a U.S. based industry major, has apparently entered into a non-binding MoU (Memorandum of Understanding) with Vince Andreula, Daniel Serruya, and Eric Dena regarding the acquisition of G...

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Merck plans to use blockchain to eliminate counterfeit medicines
Date: 2018-06-27   Author: Pankaj Singh

With counterfeit medicines being a critical issue in the healthcare industry, pharmaceuticals industry behemoth Merck has decided to employ the emerging blockchain technology in its supply chain. The technology will re...

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IPL inks interim gas supply deals to secure Gibson plant operations
Date: 2018-06-27   Author: Saipriya Iyer

Australian fertilizer firm Incitec Pivot Limited, has recently made its way to the front page by signing multiple contracts that would ensure interim gas supply for its fertilizer plant located in Brisbane till the end...

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GE in talks to spin off industrial engines business for $3bn to Advent
Date: 2018-06-25   Author: Shikha Sinha

American multinational conglomerate GE (General Electric Co.) has reportedly announced that it is nearing a deal to divest its industrial engines unit to a global private equity firm Advent International. According to ...

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Porsche advances shift into battery vehicles, buys 10% stake in Rimac
Date: 2018-06-22   Author: Saipriya Iyer

Porsche AG, a German automobile manufacturer specializing in high-performance sports vehicles, sedans, and SUVs, has claimed a 10% stake in Rimac Automobili, an electric super sports car & electric vehicle componen...

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Volkswagen & Ford tie up to jointly manufacture commercial vehicles
Date: 2018-06-21   Author: Pankaj Singh

Volkswagen and Ford Motor have reportedly taken a promising step to launch a joint commercial vehicle development project. With this strategic collaboration, both the behemoths are looking to forward to compete in the ...

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Magna & BAIC subsidiary to manufacture electric cars in China
Date: 2018-06-20   Author: Saipriya Iyer

Magna International Inc., an automotive supplier based in Canada, is planning to develop electric vehicles in China in collaboration with Beijing Electric Vehicle Company Limited, a division of BAIC Group. Reportedly, ...

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Ring announces the launch of smart home security system Ring Alarm
Date: 2018-06-16   Author: Shikha Sinha

Ring, a renowned home security solution market major owned by Amazon, has finally announced that it will be launching its Ring Alarm home security system on July 4, after a lengthy lawsuit postponed the system’s ...

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Oil & gas major Eni ties up with GE to build a 50-MW wind farm
Date: 2018-06-15   Author: Shikha Sinha

Eni SpA, regarded as the leader across Italy oil and gas industry, has apparently revealed in a recent announcement that it would join hands with the United States based multinational conglomerate, General Electric, to...

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Green Bay Packaging invests $580M, expands Brown County operations
Date: 2018-06-14   Author: Shikha Sinha

Green Bay Packaging Inc., the leading pulp and paper manufacturer headquartered in Wisconsin, has apparently revealed in a recent announcement that it aims to construct a new paper mill adjacent to its existing facilit...

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Automotive major Ford to test self-driving delivery van in Miami
Date: 2018-06-13   Author: Shikha Sinha

Joining forces with Postmates and Dominos, automotive industry giant Ford has already begun testing its autonomous meal-delivery system for folks in Miami. Ford has recently announced that its autonomous delivery will ...

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SGS buys Polymer Solutions, deal promises growth in Christiansburg
Date: 2018-06-12   Author: Saipriya Iyer

The Geneva headquartered testing laboratories company, SGS S.A., has reportedly acquired Polymer Solutions Inc., a pivotal contributor to the polymers industry in the U.S. The deal seems to be a promising one, as SGS, ...

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Pfizer sinks capital in healthcare research and cutting-edge science
Date: 2018-06-11   Author: Saipriya Iyer

Pharma magnate Pfizer reportedly aims to pour in close to USD 600 million in the field of biotechnology. As per authentic sources, the company also plans to invest capital in other emerging growth companies via its inv...

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GM & Honda team up to deliver breakthrough battery for upcoming EVs
Date: 2018-06-09   Author: Pankaj Singh

Globally renowned automotive giants GM and Honda have reportedly formed a joint venture to develop high-performance batteries. Sources claim that through this deal, they will focus on the development of chemistry batte...

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Platform Specialty confirms it wants to sell its agrochemicals business
Date: 2018-06-08   Author: Pankaj Singh

Platform Specialty Products Corporation, a Florida-headquartered specialty chemicals industry major, is reportedly in progressive discussions to divest its agrochemicals business. The divesture will be made to Wilmcote...

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Eindhoven to be the world’s first city with habitable 3D-printed homes
Date: 2018-06-07   Author: Shikha Sinha

In an attempt to revolutionize the construction sector, the Netherlands-headquartered real estate firm Van Wijnen has apparently announced that it intends to build the world’s first habitable homes using 3D print...

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Magellan & CIP to develop floating offshore wind energy in the U.S.
Date: 2018-06-06   Author: Pankaj Singh

The United States based energy management firm, Magellan Wind has entered into a partnership with Copenhagen Infrastructure Partners (CIP) with a view to achieve an early-stage advanced portfolio of floating offshore w...

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Foxconn-owned Sharp to acquire Toshiba’s loss-making PC business
Date: 2018-06-05   Author: Pankaj Singh

Japanese electronics manufacturer Sharp announced on Tuesday its decision to buy out Toshiba’s personal computer business. Reportedly, this segment has been experiencing heavy losses owing to innovations in the e...

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Keytruda’s success cements Merck’s stance in healthcare industry
Date: 2018-06-04   Author: Pankaj Singh

Keytruda, the immunotherapy to treat lung cancer being developed by Merck and Co., apparently showed improved survival when used as a stand-alone treatment for newly diagnosed lung cancer. A source at Merck stated that...

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SoftBank offers $2.25 bn to GM for manufacturing autonomous cars
Date: 2018-06-03   Author: Saipriya Iyer

Softbank Group Corp., which holds 15% ownership in Uber Inc., is reportedly planning to provide funds worth USD 2.25 billion for General Motors’ autonomous vehicle initiative. Some of the key officials of GM have...

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Tata Motors signs MoU with Maharashtra government to supply 1,000 EVs
Date: 2018-06-02   Author: Saipriya Iyer

In what may seem to be a major boost to promote the expansion of India electric vehicle industry, Tata Motors has inked a MoU (Memorandum of Understanding) with the Government of Maharashtra. As per the deal the compan...

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PwC Australia enters alliance to bring blockchain to freight industry
Date: 2018-06-01   Author: Shikha Sinha

PwC Australia in its recent announcement has affirmed that it has collaborated with the Chamber of Commerce and Port of Brisbane in a bid to launch blockchain pilot. Reportedly, the trio will leverage blockchain techno...

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Nuheara makes products available in Japan consumer electronics market
Date: 2018-06-01   Author: Saipriya Iyer

Wearable devices market giant, Nuheara Limited has apparently made it to the headlines for penetrating Japan electronics industry. Reports claim that the Australia based company would be selling its signature IQbuds an...

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Aramco-Halliburton to augment Saudi Arabia O&G industry growth
Date: 2018-06-01   Author: Pankaj Singh

The oil and gas industry witnessed a landmark deal signed between Saudi Aramco and the multinational oilfield services company Halliburton for the development of unconventional resources. The three-year deal will engag...

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BW LPG makes a bid to acquire Dorian LPG for USD 1.1 billion
Date: 2018-05-31   Author: Saipriya Iyer

BW LPG, a leading provider of maritime gas transport solutions, has declared its intention of acquiring Dorian LPG, an LPG gas shipping firm, in an all-share pact estimated at USD 1.1 billion including debt. The key of...

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Automotive major Nissan cuts production by 20% in North America
Date: 2018-05-30   Author: Shikha Sinha

In a bid to deal with the dwindling profitability quotient, the Nissan Motor Company Limited has apparently announced to slash vehicle production by as much as 20 percent in North America. As per reliable sources, the ...

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Nestle Japan develops healthcare nutrition service for aging societies
Date: 2018-05-29   Author: Shikha Sinha

Nestle Japan, a subsidiary of the Switzerland-headquartered food and beverages firm, has apparently announced its new healthcare platform to offer consumers with nutritional advice based on their dietary habits and res...

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Ultimaker partners with polymers & advanced materials industry giants
Date: 2018-05-28   Author: Shikha Sinha

A leading 3D printing materials market player Ultimaker has recently announced that it has formed collaborative alliances with several global polymers & advanced materials industry companies to meet the escalating ...

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First Quantum withdraws from Pebble Mine joint venture in Alaska
Date: 2018-05-28   Author: Saipriya Iyer

First Quantum Minerals Limited, a mining & metals firm based in Canada, has stepped back from the joint venture for the proposed Pebble Mine project development in Alaska. Reportedly, the venture is in the middle o...

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GOAT introduces e-scooters in Austin post approval from authorities
Date: 2018-05-27   Author: Saipriya Iyer

GOAT, a dockless electric scooter firm, has reportedly launched dockless electric scooters in Austin after obtaining approval from the transportation department of Austin for its pilot program. For the record, the comp...

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Specialty chemicals major AkzoNobel plans to upgrade Mahad facility
Date: 2018-05-25   Author: Pankaj Singh

AkzoNobel, one of the most prominent contenders of the bulk & specialty chemicals industry, has scarcely announced an investment of £4 million (Rs 32 crore). As per authentic sources, AkzoNobel plans to pour ...

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Anthem to purchase non-hospice palliative care provider Aspire Health
Date: 2018-05-25   Author: Saipriya Iyer

Anthem Inc., a U.S. based health insurance firm, has declared that it is going to acquire Aspire Health, an outpatient palliative care provider. The deal marks a new era for the insurance firms that are trying to explo...

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Microsoft partners with Atria, inks second clean energy pact in Asia
Date: 2018-03-07   Author: Saipriya Iyer

Tech behemoth Microsoft Corporation has reportedly signed a purchase agreement with Atria Power, an India based renewable energy producer. The company intends to buy 3 MW of solar power for electrifying its new data ce...

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BP to invest in StoreDot’s car batteries to promote EV adoption
Date: 2018-05-24   Author: Saipriya Iyer

British oil & gas conglomerate BP, has apparently invested in the Israel based StoreDot, as it plans to venture into clear energy goals. For the uninitiated, the Tel-Aviv headquartered company, StoreDot, claims to ...

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Ameren to move forward with 175-turbine wind farm in Missouri
Date: 2018-05-23   Author: Saipriya Iyer

In what may be touted as an attempt to mark its stance in the renewable energy industry, Ameren Corporation has recently announced its massive 175-wind farm project in Northeast Missouri. If reports are to be relied on...

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India to advance warfare tactics, works on UAV & robotic weaponry
Date: 2018-05-22   Author: Shikha Sinha

In what can be regarded as one of India’s more ambitious defense projects, the Indian Government has begun its work on incorporating artificial intelligence (AI) in the military sector in a bid to enhance the ope...

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German polymer maker launches digital channels, goes big in e-commerce
Date: 2018-05-21   Author: Shikha Sinha

Covestro, regarded as among the world’s leading firms in polymers and advanced materials industry, has apparently unveiled two digital distribution channels to meet the requirements of altering business procureme...

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Automotive industry behemoth Nissan forays into home energy space
Date: 2018-05-18   Author: Shikha Sinha

Nissan, the Japanese automotive and transportation market leader, has apparently unveiled its first stand-alone solar, storage and vehicle charging system without any assistance of traditional utilities. As per reliabl...

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Chinese electronics giant Sogou unveils Smart Recording Translator
Date: 2018-05-17   Author: Shikha Sinha

Regarded as one of most prominent leader and innovators of China electronics and media industry, Sogou Inc., has recently announced the commencement of the sales of one of its appliances. As per reliable sources, this ...

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Royal Dutch Shell plans to make a comeback in polymers industry
Date: 2018-05-16   Author: Shikha Sinha

Touted as the world’s foremost oil and natural gas major, Royal Dutch Shell has apparently decided to re-enter the polymers and advanced materials industry by constructing a gigantic petrochemicals complex in the...

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Philips’ high-tech investment bids to push healthcare industry trends
Date: 2018-05-15   Author: Shikha Sinha

In an attempt to scale up its adoption of artificial intelligence in a variety of medical offerings, Royal Philips NV has now focused on investing heavily in the healthcare industry. As per reliable sources, the Nether...

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GE Renewable Energy taps Chile wind industry, launches debut project
Date: 2018-05-14   Author: Shikha Sinha

GE Renewable Energy has recently announced its very-first wind energy deal in Chile. Reportedly, the project with Arroyo Energy Compañía de Energías Renovables Limitada, will see the renewable ener...

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Automotive & transportation firm Uber expands service in Costa del Sol
Date: 2018-05-11   Author: Shikha Sinha

Ride-hailing industry giant Uber has unveiled in its recent announcement that it will be expanding further into Spain by launching a licensed multi-city ride-hailing service across the southern Costa del Sol coastline....

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Standard Lithium signs MoU with Lanxess, tests Li extraction viability
Date: 2018-05-10   Author: Shikha Sinha

Standard Lithium Ltd., a leading next-generation lithium producer, has reportedly signed a Memorandum of Understanding (MoU) with a global specialty chemicals industry major LANXESS Corporation and its US affil...

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Google launches open-source framework to secure data in the cloud
Date: 2018-05-09   Author: Shikha Sinha

In a bid to reinforce its stance in electronics and media industry, the American multinational tech giant Google has recently launched an open source framework for confidential computing. As per reliable reports, the c...

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FCC approves Hydro One’s merger with U.S. energy industry firm Avista
Date: 2018-05-08   Author: Shikha Sinha

The U.S. Federal Communications Commission (FCC) has apparently accorded its approval to conclude a pivotal merger agreement in the energy industry. Sources cite that the approval has been granted to the deal between t...

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Reece acquires MORSCO, taps U.S. luxury plumbing fixtures market
Date: 2018-05-07   Author: Shikha Sinha

Australia’s leading luxury plumbing fixtures industry player Reece Ltd., in its recent announcement has unveiled that it will be acquiring MORSCO Inc., a leading distributor of waterworks, plumbing, and heating &...

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Tata Motors sells defense portfolio to Tata Advanced Systems Ltd
Date: 2018-05-06   Author: Saipriya Iyer

The Board of directors at Tata Motors have apparently declared that they have approved the sale of the company’s defense unit to Tata Advanced Systems (TASL). The sale deal however will not be including civilian ...

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Hanergy introduces thin-film solar umbrella for power-deprived regions
Date: 2018-05-05   Author: Saipriya Iyer

Hanergy, a renewable energy firm based in China, has apparently launched a new product “Humbrella”- a thin-film solar powered umbrella that will offer clean & reliable power supply to places that are hi...

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Oath Inc signs distribution agreement with electronics giant Samsung
Date: 2018-05-04   Author: Shikha Sinha

Oath Inc, a subsidiary of the U.S. based telecommunications conglomerate Verizon Communications Inc, has apparently announced to have inked an agreement with electronics and media industry leader Samsung. According to ...

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Nikola Motors sues Tesla for $2 bn, accuses of copying truck design
Date: 2018-05-03   Author: Shikha Sinha

Electric-hydrogen truck startup Nikola Motor Co. apparently plans to sue automotive industry behemoth, Tesla Inc., for cribbing its design and claiming that its patents were infringed. Reportedly, the lawsuit claims th...

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Specialty chemicals firm ExxonMobil to buy PT FKT for USD 436mn
Date: 2018-05-02   Author: Shikha Sinha

The American multinational oil & gas major ExxonMobil Corp., in its recent announcement has revealed that it will be soon acquiring one of Indonesia’s largest lubricants market players, PT Federal Karyatama (...

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ANZ, IBM, & Suncorp develop blockchain platform for insurance sector
Date: 2018-05-01   Author: Shikha Sinha

In a turning tide of events unfolding across the sustainable and smart technologies industry, ANZ (Australia and New Zealand Banking Group) has recently unveiled a blockchain platform for the insurance sector. Reported...

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AGL Energy receives a $250m offer from Alinta for Liddell power plant
Date: 2018-04-30   Author: Shikha Sinha

The leading Australian electricity and gas retailer Alinta Energy has proposed a USD 250 million bid for the ageing Liddell coal power station from the proprietor AGL, an energy industry behemoth. Allegedly, despite th...

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Aramco & SABIC choose KBR for their oil to chemicals plan worth $20b
Date: 2018-04-27   Author: Shikha Sinha

Oil major Saudi Aramco and SABIC (Saudi Basic Industries Corp), the renowned chemicals industry titan have reportedly announced their partnership over a planned oil to chemicals project. Allegedly the project is the wo...

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ST Aerospace-Vietnam Airlines’ JV to fuel regional aviation industry
Date: 2018-04-27   Author: Shikha Sinha

Vietnam Airlines, the flag carrier of Vietnam, has apparently signed a memorandum of understanding (MoU) with the Singapore headquartered ST Aerospace to boost its aviation operations. As per reliable reports, the late...

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Aramco & Total may plan the buyout of Saudi retail fuel stations
Date: 2018-04-26   Author: Shikha Sinha

Saudi Arabian Oil Co., the world’s largest oil & gas industry major by revenue, has recently announced that in partnership with Total SA, it will be weighing certain joint acquisitions of retail fuel stations...

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Google offers speedy data centers connectivity via Partner Interconnect
Date: 2018-04-25   Author: Shikha Sinha

Google Cloud Platform, in its recent announcement has unveiled a new cloud on ramp, Partner Interconnect, to offer companies various options for connecting their own data to the tech giants global cloud platform. Repor...

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WVU Medicine & Apple join hands to offer health records on mobile app
Date: 2018-04-24   Author: Shikha Sinha

West Virginia United Health System (WVU Medicine), West Virginia's leading healthcare provider, has recently announced that it has teamed up with the tech giant Apple, Inc., to allow health records to be uploaded t...

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LiDAR firm Luminar unveils newest unit, aims to lead autonomous sector
Date: 2018-04-23   Author: Shikha Sinha

With an intention to further solidify its ‘major player’ status in the LiDAR market, Luminar, in its recent announcement has unveiled its newest Lidar unit with a 120-degree field of view. Reportedly, the S...

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Nest to install 1M smart thermostats in low-income US households
Date: 2018-04-21   Author: Shikha Sinha

In an attempt to decrease the energy expenditure of low income households in the United States, Nest Labs, Inc has recently announced to install as many as 1 million of its smart thermostats at negligible or zero cost ...

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Australian scientists develop novel polymer sponge for oil spills
Date: 2018-04-20   Author: Shikha Sinha

A bunch of Australian scientists have apparently developed a new type of polymer sponge that is capable of soaking oil spills. As per reports, the polymer is made of Sulphur and waste cooking oils (food & petroleum...

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DOE announces $105 million grant for advanced solar technologies
Date: 2018-04-19   Author: Shikha Sinha

The U.S. Department of Energy (DOE) has recently announced that it will be funding over USD 105 million under its Solar Energy Technologies Office (SETO).  Reportedly, the funding which has been initiated by the D...

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Oil & gas major Vermilion acquires Spartan Energy in a $1.11bn deal
Date: 2018-04-18   Author: Shikha Sinha

Vermilion Energy Inc., a global leader in the oil & gas industry has recently announced that it is weighing an acquisition deal with its Canada-based rival Spartan Energy Corp. According to reports, the deal is fin...

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Rogers partners with Ericsson on 5G tech tests in Ottawa, Toronto
Date: 2018-04-18   Author: Shikha Sinha

Rogers Communications Inc., has recently announced that it will be testing its new high-speed fifth generation wireless network in Toronto, Ottawa and few other selected cites by the end of next year. Reportedly, the c...

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First DNA sequence transfer POC test debuts in healthcare industry
Date: 2018-04-16   Author: Saipriya Iyer

The development team of DNAtix, a genetics blockchain firm, has reportedly declared that it has successfully conducted the first POC (proof of concept) test to transfer DNA sequences on the blockchain. The company that...

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Mercedes-Benz develops new electric car, challenges Tesla Model S
Date: 2018-04-14   Author: Pankaj Singh

Mercedes-Benz, the world leader in bestselling luxury cars, is preparing to challenge Tesla in the high end electric car segment with its battery powered sedan that will resemble the Mercedes-Benz S-Class. ...

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Nintendo collaborates with Scrum, aims to find new tech for Switch
Date: 2018-04-13   Author: Pankaj Singh

Nintendo Co., the video gaming industry giant has reportedly teamed up with Scrum Ventures, the US based early venture capital firm to search for startups who can innovate new technologies for the Switch, the hit Ninte...

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Archer inks JV with FlexeGRAPH, expands advanced materials production
Date: 2018-04-12   Author: Shikha Sinha

In what may be touted as a major step toward revolutionizing graphene applications in automotive & computing industries, Archer Exploration, has scarcely announced its collaboration with FlexeGRAPH, the acclaimed g...

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Automotive firm Nexteer to set up new software center in India
Date: 2018-04-11   Author: Shikha Sinha

Nexteer Automotive recently unveiled that it will soon be opening a ‘Software Centre’ in India to further strengthen its stance in the regional automotive & transportation industry. If reports are to be...

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Novartis-AveXis deal causes considerable storm in healthcare industry
Date: 2018-04-10   Author: Saipriya Iyer

The globally reputed pharma company Novartis, has reportedly signed a purchase agreement with AveXis, a clinical stage gene therapy biotech firm. The deal, which is estimated at USD 8.7 billion, will complement Novarti...

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Aramco’s Motiva plans petrochemicals expansion in the U.S.
Date: 2018-04-09   Author: Pankaj Singh

Motiva Enterprises, a wholly owned subsidiary of Saudi Aramco, has reportedly signed a MoU with Honeywell UOP and TechnipFMC to explore petrochemical production technology in the U.S. Aramco’s CEO, Amin Nasser re...

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Silvaco-Silicon deal to markedly influence electronics industry trends
Date: 2018-04-06   Author: Pankaj Singh

Silvaco, one of the leaders of IP and EDA providers has teamed up with Silicon Catalyst, the world’s only startup incubator dealing exclusively in silicon solutions. The deal aims to provide silicon proven IP whi...

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UK automotive industry firm PSA boosts van plant output at Luton
Date: 2018-04-05   Author: Saipriya Iyer

PSA Group, one of the pivotal contributors of the automotive and transportation industry, will reportedly be increasing the vehicle production at Vauxhall’s van unit in Luton, UK, by adding automobile brands such...

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Orbis buys Response Packaging to expand its geographical presence
Date: 2018-04-05   Author: Saipriya Iyer

Orbis Corporation, one of the most prominent players of polymers & advanced materials industry, has declared the acquisition of Response Packaging. As per the terms & conditions of the acquisition agreement, th...

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Hanwha strengthens stance in India bulk & specialty chemicals industry
Date: 2018-04-03   Author: Saipriya Iyer

Hanwha Chemical Corporation, one of the pivotal participants across South Korea bulk & specialty chemicals industry, is reportedly planning to set up units in the PCPIR complex in Orissa. Reports claim that the inv...

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Iryo steps up to improve medical record access in healthcare industry
Date: 2018-04-02   Author: Saipriya Iyer

Adriatic Slovenica, reputed insurance company, has reportedly inked a highly lucrative agreement with Iryo, a Slovenia-based healthcare blockchain startup. If authentic reports are to be believed, this partnership is a...

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Pfizer’s positive drug results mark success in healthcare industry
Date: 2018-03-31   Author: Shikha Sinha

Leading healthcare and medical devices industry giant Pfizer has recently announced that its drug tafamidis, which is being developed for a rare heart disease, has successfully met its primary goal in a late-phase stud...

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Samsung ramps up 3D NAND production in China electronics industry
Date: 2018-03-30   Author: Saipriya Iyer

In a pivotal move to ramp up its 3D NAND production, Samsung Electronics, a key player across the electronics & media industry is expected to develop Xian Line 2 to fulfill the rising demand for 3D NAND flashes. Wi...

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BASF sells oleochemical surfactants business to Stepan in Mexico
Date: 2018-03-28   Author: Saipriya Iyer

BASF SE, one of the most prominent players of the global bulk and specialty chemicals industry, has reportedly claimed that it has finalized the sale deal of a part of its oleochemical surfactants business in Mexico. T...

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IVL arm inks deal to buy largest PTA plant in U.S. polymers industry
Date: 2018-03-27   Author: Saipriya Iyer

In what may be touted as a major incidence in the polymers & advanced materials industry, Indorama Ventures Holdings LP has signed an acquisition deal with the M&G USA Corporation for acquiring a unit in Corpus...

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Automotive giant Volvo to develop cars for Lynk & Co at Belgium site
Date: 2018-03-26   Author: Saipriya Iyer

Volvo Car Group, the reputed player of the Sweden automotive & transportation industry, has made it to the front page for deciding to develop automobiles for Lynk & Co. Incidentally, the automobiles will be man...

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ZTE container networking solution debuts in smart technology industry
Date: 2018-03-23   Author: Pankaj Singh

ZTE, one of the major global telecommunication equipment providers, has made it to the headlines post unveiling its container network solution for open source network function virtualization (OSNFV). With this launch, ...

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Siemens-Hackrod deal to transform automotive industry outlook
Date: 2018-03-22   Author: Pankaj Singh

Plano headquartered Siemens PLM Software has scarcely collaborated with Hackrod Inc., for developing an innovative digital platform for customer-oriented engineering design and production. This revolutionary approach i...

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NH-ISAC to facilitate secure threat sharing in healthcare industry
Date: 2018-03-21   Author: Pankaj Singh

The National Health Information Sharing and Analysis Center (NH-ISAC) has apparently chosen to enable seamless and secure threat sharing within the healthcare & medical devices industry. In the light of the current...

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Lanxess to open a thermoplastic compounding line at Krefeld-Uerdingen
Date: 2018-03-20   Author: Saipriya Iyer

Renowned bulk and specialty chemicals industry giant Lanxess has recently made it to the headlines with the announcement of its new production line in Germany. The company has apparently commissioned a thermoplastic sp...

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Siemens to set up the largest 3D printing factory worth £27mn in UK
Date: 2018-03-20   Author: Saipriya Iyer

Siemens AG, one of the largest industrial manufacturing firms headquartered in Munich, is likely to invest around £27 million for the largest 3D printing unit based in Worcester, UK. The main objective of the fir...

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Lubrizol unveils compounding line in China polymers industry
Date: 2018-03-19   Author: Saipriya Iyer

In what may be touted as an attempt to serve the increasing demand for TPU and specialty compounds, Lubrizol Corporation has recently inaugurated its new compounding production line in Songjiang. Reportedly, the decisi...

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Toshiba-Atheer to launch AR platform in smart technologies industry
Date: 2018-03-16   Author: Shikha Sinha

In its persistent efforts to solidify its presence in the sustainable and smart technologies market, Atheer has recently announced to have teamed up with Toshiba to develop an Augmented Reality software platform. As pe...

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Sensor City receives grant to explore 5G in healthcare industry
Date: 2018-03-15   Author: Pankaj Singh

A Liverpool based research innovation center, called Sensor City, has received a grant of £3.5 million for exploring 5G opportunities in the healthcare and medical devices industry. This technology hub apparently...

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VW secures funds in battery supplies for its electric car production
Date: 2018-03-14   Author: Saipriya Iyer

Volkswagen AG, the renowned Germany based automotive manufacturer, has secured USD 25 billion in battery supplies, which may be targeted toward promoting its electric car production activities over the next few years. ...

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Chevron Phillips successfully launches ethane cracker in Baytown
Date: 2018-03-13   Author: Shikha Sinha

Chevron Phillips Chemicals, one of the leading players of the bulk & specialty chemicals industry, recently announced that its new U.S. ethane cracker at the Cedar Bayou facility in Baytown, Texas has commenced ope...

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E.ON-RWE deal likely to revolutionize Germany energy industry
Date: 2018-03-12   Author: Saipriya Iyer

In a strategic move that has been touted to transform the energy sector in Germany, E. ON SE has decided to acquire Innogy from RWE AG. Codenamed ‘Live Wire’, this agreement between E.ON, one of the topmost...

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SA government to fund Neoen’s solar & wind hydrogen plant construction
Date: 2018-03-09   Author: Saipriya Iyer

The Labor government, Australia, has apparently decided to offer a loan worth USD 25 million to Neoen, a renewable energy firm based in France. The fund will be used for constructing a 50 MW Hydrogen electrolyser drive...

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Nanoparticle-based drug may soon be launched in healthcare industry
Date: 2018-03-06   Author: Pankaj Singh

Acclaimed scientists from the Russian ITMO University may soon revolutionize healthcare and medical devices industry with their latest discovery. As per reliable sources, they have discovered that magnetically-driven n...

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TNB acquires 80% stake of UK based renewable energy enterprises
Date: 2018-03-04   Author: Pankaj Singh

Tenaga Wind Ventures UK Ltd, a wholly owned unit of Tenaga Nasional Bhd reportedly acquired 80% stake in two UK based renewable energy enterprises namely Bluemerang Capital Ltd and GVO Wind Ltd for £77.37 million...

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