About Author : Akshay Kedari


Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web development, Akshay lends expertise procured from his core domain in the articles he pens down.



Contribution by: Akshay Kedari

UV Angel ties up with Smile One Services, launches new dental products

UV Angel, a company renowned in the field of pathogen control technology, has recently announced that it has partnered with Smile One Services, which is dental service organization (DSO)  based in Michigan. Reportedly, the partnership has been i...


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LinkedIn Audience Network prefers IAS to offer native ad brand safety

Integral Ad Science (IAS), a renowned leader in digital ad verification, has recently announced its agreement with the LinkedIn Audience Network to offer brand safety to native ads on mobile, web, in-app and desktop. The integration tends to utilize ...


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SaalexIT acquires Oregon-based Arctic MSP for an undisclosed amount

SaalexIT, a full-service IT company and a market-leading MSSP (Managed Security Service Provider), has reportedly announced its acquisition of Oregon-based Arctic MSP. It is to be noted that the financial terms are yet to be released. The acquisitio...


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Virgin Orbit prepares for its first launch mission into the orbit

Virgin Orbit had recently announced that its LauncherOne air-launched vehicle shall be marking its first flight in the coming days. The company has, however, set modest expectations regarding the probability of success. The company has commented tha...


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Cognosante inks acquisition of EIS to expand Federal market offerings

Cognosante, a business process and technology solutions provider, has reportedly announced the acquisition of Vienna-based Enterprise Information Services, LLC. The acquisition of EIS will serve as a growth strategy of the company for expanding its o...


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Acorn Health acquires ABA therapy provider Behavior Basics LLC

Acorn Health, a nation-wide provider of Applied Behavior Analysis, which is a therapy for children diagnosed with autism, has recently announced that it has acquired Behavior Basics, LLC, a known provider of center-based, in-home and high-quality ABA...


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VMware announces official acquisition of Kubernetes startup Octarine

  VMware has announced its intention to purchase Kubernetes security startup Octarine. The CEO of VMware, Patrick Morley expressed this as a step in the right direction for the company to become a major security provider.   The liste...


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Telia Norway confirms launch of 5G network with RAN partner Ericsson

Telia Norway ‘s 5G network has recently launched and over the span of 2020, where parts of Groruddalen and Lillestrøm within the greater Oslo region are the first areas that will be leveraging the improved mobile internet services. The c...


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Cognism raises $12M in investment round led by AXA Venture Partners

Cognism, a renowned integrated, globally compliant prospecting solution, has reportedly announced that it has secured $12 million through a new investment round led by AXA Venture Partners. This new investment adds up to the company’s previous...


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Zoom acquires secure file-sharing and messaging platform Keybase

Zoom Video Communications, a renowned video conferencing platform, and Keybase, a cryptography platform offering end-to-end communications for companies and people, together announced Zoom’s acquisition of Keybase, a secure file-sharing and mes...


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QLGG secures $1.1M funds & acquires Accuscore to expand BetQL

QL Gaming Group, a sports data and iGaming affiliate platform, has recently obtained an additional funding of $1.1 million. Additionally, the company also has closed the acquisition of Accuscore, a Finnish sports simulation company. This funding and...


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Tetra acquires Gaussian to offer outcome-based solutions to customers

Tetra Pak has reportedly announced the acquisition of Gaussian, a South Africa-based asset management company, to deliver enhanced outcome-based solutions to customers. These solutions will offer measurable and quantifiable value to its customers, ge...


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Kaufman Hall buys Change Healthcare’s Connected Analytics business

Kaufman, Hall & Associates, Inc., the American company delivering financial and performance consulting services, has reportedly acquired Change Healthcare’s performance manager, analytics explorer, and other data solutions, collectively nam...


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AbCellera receives $175.6 mn from Canada for coronavirus research

Healthcare companies are racing against time to develop a vaccine for COVID-19 which has killed thousands of people across the world. Given the dire situation, healthcare companies are seeking financial support from governments and philanthropists fo...


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Vimana to offer 1K tons of medical equipment amidst COVID-19 outbreak

Global coronavirus outbreak has not only urged various companies to balance the unbalanced proportion of supply and demand of medical equipment, but it has also prompted various transportation services to lay their attention towards shipment of loads...


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Pacton enters option agreements to acquire mineral claims in Red Lake

Pacton Gold Inc. has recently announced the signing of option agreements to secure additional mineral claims located in the Red Lake, Ontario. Red Lake West, the 1st new property, is contiguous to the existing land package of Pacton, close to its on...


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Raymond secures Oak Trust Company to boost service delivery in Canada

Raymond James Ltd., an investment bank & financial services company, has recently announced the acquisition of a London-based federally chartered trust company, Oak Trust Company. The new division in Canada will be known as Raymond James Trust af...


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Mediahuis acquires Luxembourg-based media company Saint-Paul group

The acquisition is likely to accelerate its digital transformation as well as help develop new products and services. With active operations in Belgium, Ireland and the Netherlands, renowned media company Mediahuis NV is about to enter the Luxembour...


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NEC inks deal to supply Earth observation satellite to Vietnam

NEC Corporation, a Japanese multinational electronics and information technology company, has reportedly inked a deal with Sumitomo Corporation to manufacture and launch the "LOTUSat-1" Earth observation satellite for the Vietnamese governm...


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Cannabis sativa extracts demonstrate potential to in COVID-19 treatment

The University of Lethbridge, with Swysh, a company focused on cannabinoid R&D and Pathway Rx, a research company focused on developing custom cannabis therapies, are partnering to unravel a specific Cannabis sativa extract that shows potential a...


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Novartis buys Amblyotech to develop digital therapy for amblyopia

Novartis has recently made an announcement confirming that it has concluded its acquisition of Amblyotech, which is a software startup based in the U.S. Novartis will collaborate with McGill University and Ubisoft to be able to continue with the deve...


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Grain Management declares completion of Hunter Communications buyout

The transaction is likely to support Oregon communities during the ongoing COVID-19 pandemic. Financial terms of the deal have not been disclosed yet. One of the leading investment firms focused on the global communications sector, Grain Managem...


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Insurance tech firm Sprout.ai secures $2.5m in additional seed funding

Sprouts.ai, which is an insurtech incubated in the Imperial College of London and is applying artificial intelligence to insurance claims, has reportedly raised $2.5 million in new seed funding. Amadeus Capital Partners is leading the funding round, ...


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Fujifilm to accelerate the manufacturing of Avigan to treat COVID-19

Fujifilm, a renowned Japanese pharmaceutical company, has reportedly announced plans to boost the production of Avigan, an antiviral drug said to be a possible therapy for coronavirus. Avigan is primarily used to treat Influenza. The company is aimi...


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ShapeShift buys Israel-based Portis to aid crypto-trading experience

ShapeShift, an American company facilitating global trading of digital assets through web and mobile platforms, has reportedly announced the acquisition of Israel-based software wallet company, Portis. Portis has become one of the leading wallet sol...


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ThermoGenesis reveals intellectual property acquisition by ImmuneCyte

ThermoGenesis Holdings, Inc. has recently announced the acquisition of intellectual property by ImmuneCyte Life Sciences, its joint venture. The acquisition has been made by ThermoGenesis, a market leader and pioneer in the development & commerci...


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Gibraltar introduces laws to reduce market manipulation in DLT sector

Gibraltar, one of the few crypto-friendly territories, has reportedly introduced new regulations to curb cryptocurrency market manipulation which is allegedly being carried out by blockchain and crypto companies. Albert Isola, Minister for digital a...


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Digital Realty powers on 3rd data center with power capacity of 50 MW

Digital Realty, a real estate investment trust, has recently powered on its 3rd data center, Digital Loyang II (SIN12), in Singapore. Through the new 50-MW SIN12 facility, the company will mark a crucial extension of its global roadmap for the deploy...


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CNN-Canopy enter asset deal to accelerate development of NewsCo

CNN International, an international pay television channel, has recently entered an asset acquisition agreement with Canopy and hired its development team of experts. The asset acquisition was strategically made by CNN to accelerate the development ...


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DeHaat raises $12 million; supports more farmers across Indian states

One of the agritech startups in India, DeHaat, has reportedly raised significant funding of USD 12 million to support the farmers across Indian states, considering their current plight. Along with lending support to the farmers nationwide, the compan...


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Nine Malaysian hospitals to work with WHO for drug trials on COVID-19

With the growing COVID-19 crisis, various initiatives are being taken worldwide where numerous organizations of various scale and are contributing as much as they can towards the efforts. The WHO, the biggest global authority responsible for internat...


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Mitsubishi Electric Europe acquires Sweden based AQS PRODUKTER

Mitsubishi Electric Corporation, a renowned air conditioning manufacturer, reportedly announced that the company’s European subsidiary, Mitsubishi Electric Europe, has purchased AQS PRODUKTER AB, a cooling as well as heat pump distributor based...


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Orbit Fab bags NSF grant to test satellite refueling systems

Orbit Fab, a San Francisco-based startup focusing on building refueling stations in orbit, has reportedly bagged a grant from the National Science Foundation (NSF) backed program dubbed, America’s Seed Fund. Reportedly, with this $250,000 gran...


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AT&T wins $2.4bn bid for 5G spectrum license at the FCC Auction 103

Stakeholders and consumers may access 5G on unlimited wireless plans of AT&T.   There was a 102 percent surge in spectrum strength as they propelled 39 GHz spectrum to 786 MHz. AT&T has won the bid for 5G spectrum licenses amountin...


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Alaskans to use tax credits to aid energy efficiency & air quality

Local government authorities in Alaska have reportedly approved a bill that allows the creation and utilization of property tax credit to enhance air quality and energy efficiency. Sources cite that the Senate has accepted the bill with a 17-1 vote a...


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Liteye gets $3M production order as part of US Defense Industrial Base

Liteye Systems, a renowned leader in CUAS (Counter Unmanned Aerial Systems), has reportedly announced the receipt of an additional specialty production order for approximately $3 million. The contract would further make sure delivery of hardware for ...


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Turning Point Brands offers free sanitizer bottles to combat COVID-19

From offering medical aids to donating funds, many companies worldwide have come forward to help governments and people to fight the spread of the novel coronavirus. Recently, Turning Point Brands, one of the leading tobacco product manufacturers in ...


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Isracann enters JV agreement to develop cannabis production in Israel

Isracann Biosciences Inc. has recently entered a joint venture agreement for phased partnership of 2 near-term farm operations at the Sharon Plain region in Israel. This JV agreement will provide significant revenue generating opportunities to the Is...


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Russia to track people at risk of COVID-19 through their geolocation

Mikhail Mishustin, the Russian Prime Minister, recently gave the regional authorities 5 days for developing a system that can track citizens by using mobile phone geolocation data. The move is aimed at tracking people who have come into contact with ...


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Govt. of India launches WhatsApp chatbot to answer COVID-19 queries

The Indian Government has finally decided to put its foot down on fake WhatsApp news as its Ministry of Health plans to collaborate with WhatsApp to launch a helpline number for offering COVID-19 related information. The helpline’s main focus w...


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Keysight, VIOMI partner to introduce 5G IoT home solutions in China

In a bid to accelerate the launch of 5G supported IoT devices for consumers in China, California headquartered electronics company- Keysight Technologies Inc. has reportedly announced a partnership with Chinese firm- VIOMI, a leader in IOT enabled sm...


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Fox Corp. acquires free-streaming platform Tubi for $440 Million

American media company, Fox Corp. has recently inked an acquisition deal with free streaming service, Tubi for $440 million. The funding was mainly supported by Fox’s sale of its 5% share in Roku. With the addition of Tubi, Fox would have the o...


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Internet providers agree not to terminate service over next 2 months

Verizon Communications Inc, AT&T Inc, & Comcast Corp, are among the major U.S. wireless service providers that have reportedly agreed not to cancel services amid coronavirus concerns. These companies will not be terminating subscription for t...


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Pomelo opts for AI-based Partnerize partnership automation solution

Pomelo will be leveraging Partnerize platform to monitor its revenue partnerships in Southeast Asian trading regions The selection is part of a broader strategy to incorporate innovative techs and optimize workflows Partnerize, a leading provide...


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Affinity acquires Nudge.ai to advance relationship intelligence product

Affinity, a noted relationship intelligence platform, has recently announced the acquisition of revenue intelligence platform, Nudge.ai. The acquisition was strategically made to accelerate new relationship intelligence products of Affinity that are ...


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Accenture assists CAG to establish digital factory to drive innovation

Changi Airport Group, which operates the world’s 7th busiest airport for international traffic, has recently tapped Accenture to build and operate a ‘digital factory’. The move of establishing this digital factory was essentially ma...


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BritBox hits one million subscribers while maintaining low-churn rates

BritBox, the digital video subscription platform from ITV and BBC Studios, recently announced that it has touched one million subscribers. Reportedly, the digital streaming network, which currently owns the largest lineup of British television, conti...


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OMNIQ Corp. buys parking management IP and assets from Eyepax USA

  The acquisition will help OMNIQ become a prime contractor offering a superior and innovative approach in the Parking industry OMNIQ Corp. has recently announced that it has acquired the intellectual property (IP) along with few other asse...


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U.S. Steel secures remainder of POSCAL’s 50% ownership interest in UPI

United States Steel Corporation has recently announced the closure of its acquisition of POSCO-California Corporation’s (POSCAL) 50% partnership interest in USS-POSCO Industries (UPI). U.S. Steel, which is an American integrated steel producer,...


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Danone acquires Harrogate Water to diversify its product portfolio

French food and drink company, Danone S.A. has recently made a strategic acquisition through its United Kingdom affiliate by acquiring majority shares in Harrogate Water, a UK-based bottled water company. Harrogate is best known for its charitable wa...


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Flexco introduces real-time monitoring Belt Conveyor Intelligence

Flexco Elevate, a leading smart belt conveyor solution provider recently rolled out its Belt Conveyor Intelligence™, an innovative real-time monitoring system. leveraging the power of predictive analytics  so cement, aggregate, and mi...


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Facebook buys ‘Asgard’s Wrath’ VR game developer Sanzaru Games

The Sanzaru studio will continue to operate its offices in Canada and the U.S   Facebook has invested over billions of dollars for its VR projects Social media giant, Facebook, has recently announced that it bought the “Asgard&rsquo...


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Toyo Corporation launches AI centric cybersecurity technology

SYNESIS AURORA facilitates intelligent transfer of data, captures network traffic ensure complete network efficiency Toyo Corporation will reveal SYNESIS AURORA at RSA 2020 held from February 24 to 28 in San Francisco. Japanese test and measurem...


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Open security group launch a new language to connect security tools

The Open Cybersecurity Alliance (OCA), a group of suppliers dedicated to connecting fragmented cybersecurity space with open source practices and codes, has reportedly announced the availability of Open DXL (Data Exchange Layer) Ontology, a new open-...


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TÜV Rheinland launches automatic parking system services

TÜV Rheinland Hong Kong, a global leader in independent inspection services, has reportedly rolled out an automatic parking system service, covering all facets of the construction, design as well as operation stages. It offers one-stop solutions...


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Embracer Group purchases Saber Interactive in a $525 million deal

Embracer Group, a renowned video game holding company and owner of THQ Nordic, has reportedly purchased Saber Interactive, a US games developer, in a deal worth $525 million. Embracer Group had agreed to pay $150 million in both cash as well as stoc...


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CDK announces launch of new Repair Order API on Fortellis platform

CDK Global Inc. has recently announced the launch of the CDK Drive Repair Order API (application programming interface) on Fortellis Automotive Commerce Exchange™ platform. In order to enable dealers to securely open and edit service repair or...


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US expands lawsuit against Huawei with charges of theft & racketeering

The United States Department of Justice has recently expanded its lawsuit against Huawei, a Chinese multinational tech company. The new charges against the company alleged activities carried out by Huawei such as violating partnership terms with U.S....


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ALX Oncology raises $105 million in Series C financing for CD47 trials

ALX Oncology, a clinical-stage biotechnology company, has secured $105 million in a Series C funding round, led by Vivo Capital. The new investors, who participated in the funding round include Janus Henderson, Logos Capital, Foresite Capit...


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VELO3D-Honeywell unite to qualify Sapphire system for aircraft parts

VELO3D, a metal Additive Manufacturing (AM) solutions provider, has recently announced its partnership with Honeywell Aerospace, an aircraft engines and avionics manufacturer. The partnership was formed to qualify VELO3D’s Sapphire 3D printing ...


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DOE & Hyundai unite for transportation technology support & assessment

Seoul based automaker has expanded its partnership with the US Department of Energy to support exploration of hydrogen and fuel cell technologies for the future transport. Under the partnership, Hyundai is likely to offer five Hyundai NEXO fuel c...


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Huawei files a lawsuit against U.S. telco Verizon over patent rights

Huawei has alleged Verizon of infringing a wide range of the former’s services The Chinese firm accused Verizon of infringing 238 patents the previous year Chinese multinational giant, Huawei has reportedly sued Verizon, the U.S. telecom c...


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Mitsubishi Electric develops new technology for inflight connectivity

Mitsubishi Electric Corporation, a Japanese multinational electronics and electrical equipment manufacturing company, has reportedly announced that it, in collaboration with NICT (national Institute of Information and Communications Technology) of Ja...


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Koch acquires remaining shares in software maker Infor for $13 billion

Koch Industries, Inc., announced buying out outstanding equity in Infor, held by Golden Gate Capital. The transaction has valued Infor at almost $11 billion, or around $13 billion, including preferred stakes. Before the deal, Koch owned around 70% of...


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Accenture acquires Mudano to drive analytics, data & AI capabilities

Renowned global multinational professional services company, Accenture has recently announced its latest acquisition of Mudano, a U.K.-based data consultancy firm. The acquisition was strategically formed to enhance Accenture’s existing capabil...


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Broadcom & Apple ordered to pay $1.1Bn for patent infringement

After a years-long battle, Apple and Broadcom have been reportedly ordered to pay combined USD 1.1 billion in a patent infringement case to the California Institute of Technology (Caltech). Credible reports cite that Apple was ordered to pay $837.8 m...


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Jumio, CIMB Bank PH to offer digital onboarding solution to Filipinos

Jumio, one of the leading providers of AI-based end-to-end authentication and verification solutions, has reportedly partnered with Thailand-based commercial bank, CIMB Bank PH to provide seamless, convenient, and hassle-free digital onboarding solut...


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BorgWarner plans to acquire Delphi Technologies for USD 3.3 billion

The auto-parts giant intends to gain edge in electric cars leadership with the strategic buyout BorgWarner, a leading US-based automotive industry components and parts supplier plans to acquire Delphi Technologies for USD 3.3 billion in an...


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Pecan.ai to automate machine learning with its $11Mn Series A funding

Pecan.ai has emerged as a prominent firm in the AI landscape, with its innovative analytic platform aiding businesses. Headquartered in Tel Aviv, Israel, the startup intends to build comprehensive machine learning (ML) models for business analysts. ...


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Firmenich reveals joint investment in reusable packaging company LOOP

Firmenich SA, one of the leading perfume and taste companies in the world, has reportedly announced joint participation with Quadia in reusable packaging pioneer LOOP's Series A equity round. Announced at ACI’s (American Cleaning Institute)...


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Huawei to install new 5G base stations to tackle spreading Coronavirus

Huawei, the renowned Chinese telecommunications equipment and consumer electronics seller, reportedly announced that it would install new 5G base stations in Wuhan city to help tackle the breakout of Coronavirus. The company has already begun work to...


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British officials advise limited role to Huawei in U.K. 5G network

British officials have formally granted Huawei a limited role in the future 5G network of the U.K., dismissing the U.S. calls to completely ban Huawei. The U.S. had earlier accused the company of spying on behalf of the Chinese government.  Off...


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Boom and Flight Research to bring XB-1 test flights to Mojave Corridor

Boom Supersonic, a Colorado based startup that is designing the fastest supersonic airliner in history, has reportedly announced a new strategic partnership deal with Flight Research, Inc., a leading provider of training, services and support activit...


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DTM™ spinal cord stimulation shows superior back pain relief in RCT

Medtronic plc, a Dublin-based medical technology, services, and solutions company, has reportedly announced three-month results from a large, multicenter RCT (randomized controlled trial) demonstrating statistically meaningful (p=0.0009) and improved...


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Mercury Systems, Intel bring in new flight safety-certifiable modules

Mercury Systems Inc., one of the leading aerospace and defense companies, has recently introduced the first-ever commercially-available compute module, EnsembleSeries™ CIOE-1390 module, embedded with its BuiltSAFE™ technology and Intel&re...


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Samsung to pour in $500 million for a new manufacturing unit in India

One of the leading smartphone brands, Samsung Electronics is planning to invest $500 million in its Indian business by building a display manufacturing unit in the outskirts of New Delhi. Along with making displays, the new facility would work on man...


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Toyota bets big on a new mode of local transportation: flying taxis

A California-based aerospace company, Joby Aviation recently announced that it raised USD 590 million as venture capital in a series C round of funding led by Toyota motor company. A sizeable investment made by the automaker in the round is a signifi...


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Scandit and Samsung partner to optimize barcode scanning performance

Software company Scandit AG announced that it will specifically update its range of barcode scanning software for the Samsung Galaxy XCover Pro. The integration of optimized barcode scanning software of Scandit and Samsung’s latest ruggedized a...


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Twitter announces new feature to give users more control over replies

Twitter is finally addressing the issues that have plagued the social network for a while now. The company has reportedly confirmed that it will be testing new features that would allow users to have control over who can reply over their tweets and h...


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Faulty sunroofs force Daimler to recall Mercedes-Benz vehicles in U.S.

The sunroof glass panel can possibly detach itself and pose a major hazard Mercedes-Benz USA could pay $7M if it does not comply with previous settlement terms Daimler AG, the German carmaker, announced that it shall recall about 744,000 Mercede...


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Lilly wins Alimta Vitamin Regimen Patent Lawsuit against Apotex Inc

  Ruling by the US District Court has concluded that Apotex Inc. would be infringing the Alimta vitamin regimen patent by launching its proposed products until the patent expiration of Lilly   The ruling would bar Apotex from marketing...


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Allied Wallet China reached 200 million eWallet users across the world

Allied Wallet China, which is an Asia based division of Allied Wallet, provider of payment gateway solutions, has reportedly reached over 200 million users for its eWallet, the company’s digital wallet e-commerce solution. Allied Wallet China,...


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FAA suggests using remote ID technology to track drones in US airspace

With commercial drones being used in almost every business verticals, the Federal Aviation Administration (FAA) has proposed plans to track drones in U.S. airspace. By imposing this rule, companies like Amazon and Google can effectively dep...


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Keells & Manthan unite to power supplier collaboration platform KANE

Sri Lanka-based John Keells Holdings PLC’s retail arm JayKay Marketing Service has reportedly united with AI solutions provider Manthan for their digital transformation journey. This alliance will give Keells access to Manthan’s robust Ve...


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Halo to acquire UK-based medical cannabis company Canmart Limited

Halo Labs Inc., a cannabis extraction company based in Canada, has reportedly announced that it has signed a new binding LOI (Letter of Intent) to procure all common shares of UK based Canmart Limited. The proposed deal would be Halo’s first e...


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EE to pilot 4G connectivity on the London Underground network

British internet service provider, EE Limited has reportedly the third mobile operator in the United Kingdom to join the trial to provide 4G connectivity on The London Underground network. Along with Vodafone and O2, EE will be bringing 4G netwo...


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CloudMinds announces program to rent out smart humanoid service robots

CloudMinds has launched a Smart Robot rental program for robots via long or short-term rentals The human robots can strike conversations, gestures, dance and perform other advanced activities CloudMinds Technology Inc, a leading designer of arti...


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NVIDIA offers neural network access for self-driving tech development

Access to deep neural networks (DNN) will help develop safe autonomous transportation   Developers can freely customize and extend the AI models by using NVIDIA’s AI tools NVIDIA has recently confirmed that it will be offering the t...


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Giant Eagle to phase out single-use plastic by 2025

With effect from January 15, the company will prohibit the use of plastic grocery bags in its stores Apparently, Americans use around 100 billion plastic bags a year and most of them end up in a landfill. In line with national trends deviating away ...


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Verishop to introduce online digital brands at flagship URW centers

  They will open 14 full or pop-up stores in the United States Digital brands shall occupy both the inline and the temporary spaces Verishop, a major online lifestyle-shopping destination and Unibail-Rodamco-Westfield (URW), a leading glo...


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SPEEA authorizes a novel six-year contract with Spirit AeroSystems

Society of Professional Engineering Employees in Aerospace (SPEEA), a professional labor union representing over 24,000 engineers, reportedly approved a new six-year agreement of more than 1,620 employees with Spirit AeroSystems. These 1,620 employee...


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Cornet Solutions joins Endace to strengthen network security in Japan

Endace Ltd., a privately owned network monitoring company specializing in high-speed network recording, playback and analytics hosting, recently announced that Cornet solutions, a leader in network performance, cyber security, and cyber defense solut...


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Accenture and Ajinomoto team-up to form a new joint venture in Japan

Accenture, an Irish-domiciled multinational professional services company, and Ajinomoto Co., Inc, a Japan based food and biotechnology corporation, have reportedly signed a new agreement to establish a joint venture in Japan. The tie-...


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Konecranes announces purchase of MHE-Demag’s complete ownership

Konecranes will acquire 50% stakes of MHE-Demag from JV partner Jebsen & Jessen.   This move would strengthen Konecranes’ presence in the fast-growing Southeast Asian market.   The transaction is expected to be finalized in ...


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Amazon’s cloud business comes under U.S. antitrust scrutiny

U.S. Federal Trade Commission (FTC) has recently expanded its investigation on Amazon beyond the retail operations to the company’s cloud computing business. Lately, the U.S. antitrust enforcers was seen interviewing software firms about Amazon...


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Huawei to reportedly move its U.S. research center to Canada

  The U.S. plans to stop more foreign shipments to Huawei Huawei will be manufacturing some 5G equipment outside China The founder of Chinese communications giant Huawei Technologies has indicated that the company is planning to move its r...


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Philips unveils its new AI workflow platform IntelliSpace at 2019 RSNA

Philips, a renowned Dutch electronics conglomerate, has reportedly launched IntelliSpace AI Workflow Suite, its new AI workflow platform at the 2019 RSNA. Through this new launch, the company has further expanded its AI portfolio. The workflow suite...


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U.S. Justice Dept concludes its antitrust probe over eSIM technology

The U.S. telecom industry has lately seen a lot of ups and downs, since the advent of 5G technology and the highly criticized wireless carrier-switching technology. However, some advancements where made recently when the U.S. Department of Justice (D...


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Pioneer Transformers acquires Power Partners from OpenGate Capital

OpenGate Capital, a globally recognized private equity firm, reportedly announced that it has successfully sold Power Partners to a portfolio firm of New York based Mill Point Capital, Pioneer Transformers. OpenGate, on January 2016 acquired Power P...


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Adroit Worldwide announces global AI partnership with Macondo Vision

The partnership will help optimize the workforce across hospitality and warehousing   Macondo Vision intends to assist the firms in driving the productivity of the employees Adroit Worldwide Media (AWM), Inc., a vision technology firm, rec...


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