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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.
Google, Allianz, and Munich Re have teamed up to launch a Risk Protection Program. This program intends to reduce cloud security risks and provide cyber insurance designed for Google Cloud users. Google Cloud, Munich Re, Allianz Global Corporat...
Japanese space technology startup GITAI has reportedly secured UDS 17.1 million through a Series B funding round which was led by SPARX Innovation from Future Co. Ltd. The round also saw participation from DCL Venture Growth Fund, EP-GB (Epson’...
Williams Racing, a British Formula One motor racing team, has announced to have renewed its technology partnership with a Switzerland-based leading cyber protection and software company Acronis International GmbH. As a part of the Official Cyber Pro...
American electric car company Tesla Inc. has reportedly signed an agreement to manufacture its electric vehicles in Karnataka, India after announcing an entry into the South Asian country in 2021. The company had established its Indian subsidiary cal...
The Dutch brewing company, Heineken N.V., has recently revealed its plans to cut around 8000 jobs in an attempt to restore its operating margins after it witnessed a sharp decline in its profit trajectory amid the COVID-19 pandemic. Moreover, it will...
American multinational computer technology company Oracle Corp. reportedly stated that several independent software vendors (ISVs) from India including Medexpeert, GOFRUGAL, Information Dynamics, and Ameyo among others are shifting their business-cri...
Computer software startup Datomize, has reportedly raised USD 6 million in a seed funding round led by TPY Capital for expanding the capabilities of its synthetic data solution which shortens time to market for new products and machine learning/artif...
Reportedly, American multinational technology firm Microsoft Corporation stated that its Azure cloud computing services witnessed a 50% growth in the second quarter, with the business benefitting from investment in working and learning from home. So...
Electric vehicle startup, Rivian, backed by Ford Motor Co. and Amazon.com Inc., has reportedly announced an investment round of USD 2.65 billion led by T. Rowe Price, months before its first vehicle launch. Sources with knowledge of the matter state...
German multinational automobile manufacturer, Bayerische Motoren Werke AG, commonly known as BMW, has reportedly unveiled an upgraded version of its mobile car key technology, called the Digital Key Plus. This product enables iPhone users to unlock t...
The recent inflation in raw materials has reportedly prompted players in the FMCG sector to take price hike measures for their products, in a bid to maintain the revenues. According to reliable sources, some FMCG companies, including Marico, have al...
Indian consumer electronics brand, boAt, has reportedly secured funding of USD 100 million from Warburg Pincus, a New-York-based private equity firm, at a USD 300 million valuation. The company will utilize these funds to expand its product portfoli...
According to reliable sources, U.S.-based fully integrated biopharmaceutical company, Elevar Therapeutics Inc., has signed an exclusive agreement with Inceptua Group for the commercialization and distribution of its non-cremophor based paclitaxel tre...
The National Aeronautics and Space Administration (NASA) has reportedly announced the completion of the construction of its new launchpad at the Kennedy Space Center based in Florida. Notably, the new Launch Complex 48 or LC-48 is a pad that will be ...
In recent developments, U.S.-based localization and AI training data service provider, Lionbridge Technologies Inc., has reportedly established new gaming labs in Beijing and Jinan in order to enhance the capabilities of its gaming division, Lionbrid...
In a bid to offer shorter charging times and longer driving range, Japanese multinational automotive manufacturer Toyota Motor Corporation has reportedly planned to debut a game changing electric vehicle in 2021 which would be completely based on sol...
German luxury vehicles manufacturer Mercedes-Benz is reportedly planning to start production of six all electric EQ vehicles by the year 2022. The recent development comes after the German automaker revealed its Ambition 2039 initiative, in which it ...
Riversand Technologies Inc., an American cloud-based SaaS MDM (Master Data Management) solutions provider has reportedly entered a joint venture agreement with Valtech GmbH. The two companies will team up to deliver advanced cloud data management sol...
In recent developments, UK-based multinational independent media organization, Argus Media Ltd has reportedly launched the first renewable diesel and SAF (sustainable aviation fuel) prices for Asia. The new prices for SAF as well as renewable diesel ...
American multinational technology giant, Google, LLC, has reportedly announced that it has effectively removed several browser extensions belonging to online conglomerate, InterActive Corp., (IAC), citing policy violations. As per reliable reports, G...
Cultured, lab-grown meat, produced inside bioreactors without slaughtering any animals, has reportedly been approved to go on sale for the first time by regulatory authorities in Singapore. The new development is being hailed as a momentous, landmark...
As per the statement of chancellor Rishi Sunak, Britain’s first nationwide infrastructure plan would provide a “once in a lifetime investment” of approximately £100 billion to drive the nation’s recovery from the COVID-1...
According to reliable sources, Nokia Corporation has reportedly been selected by Canada-based Telus Communications Inc. to provide 5G services in Canada. The Finnish multinational technology giant will reportedly support the Canadian mobile service o...
Tony Blair Institute (TBI) and Oracle have recently introduced cloud technology to Africa for effective management of public health programs in the region. As per credible sources, initially, Ghana, Sierra Leone and Rwanda will use the new Oracl...
Swiss supplier of marine fuels Minerva Bunkering has reportedly introduced an innovative solution called Advanced Delivery Platform (ADP) in a bid to increase efficiency and transparency during bunkering operations. According to reliable sources, Min...
In a pre-Series A funding initiative led by a consortium of international angel investors and CapitalT, pre-employment testing software player, TestGorilla, has reportedly secured an amount of USD 1.2 million. This announcement comes amid TestGorilla...
AEGIS Hedging Solutions a leading company offering technology and expertise for commodity and rate hedging, has recently announced the acquisition of a renowned commodity trading advisor and pioneer in metals hedging, Nexidus Commodities. Speaking o...
Inmagene Biopharmaceuticals, a Chinese pharmaceutical company, has recently revealed that it has logged US$21 million from its Series B funding round which was led by Vertex Ventures China. Reportedly, the funding saw co-investment from investors lik...
Transom Capital Group, a prominent middle market private equity firm, has reportedly made an announcement of acquiring BridgeTower Media in order to expand its reach in marketing and media domain. For those uninitiated, BridgeTower Media is a major ...
New York-based information and market assessment firm, Nielsen Holdings plc, has reportedly announced to have signed a definitive agreement with Advent International, a global private equity firm. As per the agreement, Advent, in partnership with for...
Today, the world is on the cusp of a novel wireless technology era with the introduction of innovative 5G connectivity. Network companies worldwide are striving to offer a 5th generation network in a bid to transform the connectivity landscape. A sim...
U.K. headquartered HealthTech startup- Psyomics Ltd. has reportedly announced that it has raised nearly £1.5 million (USD 1.95 million) through a recent funding round led by the current as well as new investors, with an aim to launch ‘Cen...
Innovaccer, Inc., a healthcare company, has recently launched an AI (artificial intelligence) enabled patient relationship management solution. The new solution will streamline communication between the care teams and patients. In addition, the solu...
Geely Technology Group, a Chinese automobile manufacturer, and the Municipal Government of Jinan, China, have reportedly signed an all-round strategic cooperation deal to jointly develop a network of smart battery swapping service stations across Jin...
Chinese biotechnology company, CStone Pharmaceuticals has recently announced that it has completed the Share Subscription Agreement with Pfizer Inc. for its newly issued shares worth US$200 million. The move furthers the biotech’s multifaceted ...
A three-year grant worth $6 million, funded by the Michael J. Fox Foundation, was recently awarded to a collaborative research team from Michigan’s Van Andel Institute (VAI) and the University of Minnesota Medical School. The grant was given th...
Ernst & Young (EY), a global professional services network, has recently announced the availability of a first-of-its-kind OpsChain Network Procurement solution. The solution has been built on the company’s OpsChain platform. It will enabl...
Fibonacci Brands has recently announced the acquisition of Darwin from Harvest Health & Recreation (HARV.CN) as its foundation brand. Fibonacci is a leading player in the international cannabis industry. According to James George, founder of Fib...
The Global Virus Network (GVN), an international coalition of medical virologists, has recently announced the addition of Australian and Russian researchers. GVN is adding the Center for EVIT (Emerging Viruses, Inflammation & Therapeutics) of th...
American private equity firm, Wind Point Partners has recently signed an acquisition deal with the one of the biggest direct-to-consumer (D2C) eCommerce providers of drinkware, RTIC. Reportedly, RTIC is Wind Point’s third acquisition of a famil...
Swiss multinational pharmaceutical firm, Novartis has recently announced results from its Phase III ORION-10 and -11 studies that focus on assessing the individual responses of patients on lowering low-density lipoprotein cholesterol (LDL-C) with inc...
Medtronic plc, the global leader in medical technologies, has reportedly announced that it is planning to acquire insulin pen manufacturer Companion Medical. The acquisition gives Medtronic access to Companion Medical’s ‘InPen’, wh...
5G technology has been in the headlines for quite a while. Next-generation technology has the potential to transform almost every sector across the world. However, as 5G becomes reality, it has become imperative for service providers to prevent degra...
Sprout, a Canadian company that focuses on delivering innovative solutions for workplace wellbeing, has recently announced the acquisition of predictive health data analytics firm, Vivametrica. According to reliable sources, Sprout plans to enhance t...
Uber Technologies Inc., the American ride-hailing giant, has reportedly halted the company’s decision to relocate its Asia Pacific headquarters from Singapore to Hong Kong until December 2022. Sources cite that the company’s decision was...
U.S. based biopharmaceutical and pharma outsourcing services company, PCI Pharma services has reportedly announced that it reached a noteworthy milestone through the development of COE (Clinical Center of Excellence) in Berlin. According to credible...
French software company, Dassault Systèmes has recently revealed plans to enhance its 3DEXPERIENCE platform’s collaborative data science abilities, allowing customers to take advantage of their data patrimony by taking part in new v...
California-based technology startup incubator, EvoNexus has recently partnered with Qualcomm to launch its 5G incubator program. Reportedly, Qualcomm would function as a sponsor of this initiative to assist budding startups to build their 5G wireless...
The University of California Health has reportedly launched a secure and centralized database known as UC CORDS in a bid to accelerate COVID-19 research. Sources with the relevant information stated that researchers will gain access to around 460 mi...
Web technology major Web.com Group has reportedly announced that it has signed an agreement for the acquisition of Webcentral Group, a leading digital services provider for small and medium enterprises in Australia. The deal is an extension of the co...
Cancer Research UK, one of the world's biggest independent funder of cancer research, has recently joined forces with Abcam plc, a leading developer of life science tools and reagents, to commercialize and develop novel custom antibodie...
Kerbal Space Program, a space flight simulator video game, has launches its new Shared Horizons update across the European frontier. Reportedly, this new update would allow players to recreate ESA (European Space Agency) missions to Mercury and to a ...
In a recent turn of events, a Canada based augmented reality (AR) wearables company North, has reportedly been acquired by Google for an undisclosed valuation. Based on the reports from Globe and Mail, the deal accounted for USD 180 million. For tho...
Winnipeg based augmented worker enterprise solutions provider, Librestream, has reportedly raised an amount of $24 million through a Series-D funding round led by Canadian Business Growth Fund (CBGF). The company will use the procured funds to boost ...
UK-based retail giant, John Lewis Partnership has recently announced construction of its dedicated biomethane gas filling station in an effort to curb carbon emission. This move is deemed to be a part of the its vision to become carbon neutral across...
Since many years now, Samsung Electronics Co. Ltd., one of the largest semiconductor manufacturers in the world, has been taking proactive steps to reduce its carbon footprint. Recently, the electronics giant has received the Zero Waste to Landfill c...
RapidAI, an advanced stroke imaging leader, has recently announced the acquisition of a medical stimulation technology developer, EndoVantage. The deal will enable RapidAI to expand its scope from ischemic stroke, hemorrhagic stroke to cerebral aneur...
Traditional banks are continually facing a difficult time in meeting the level of experience that todays customers expect. In a bid to offer a cutting-edge experience to users, XP Inc., the Brazilian investment management firm, has reportedly acquire...
Brookfield Asset Management, a renowned Canadian investment company, has signed an agreement to purchase Emami Power, Emami Group’s solar power business. Emami Group, a renowned Indian diversified conglomerate based in Kolkata, has reportedly c...
Singapore-based relocation services startup, Moovaz has successfully acquired the country’s longest-running publication for expats, The Finder, from Singapore Press Holdings (SPH). According to the agreement, SPH, which prints The Business Time...
Sirius Computer Solutions, Inc. which is a prominent national IT solutions integrator, has recently announced it has bought Advanced Systems Group, based in Denver. The purchase had been closed on May 31 and will help Sirius majorly expand its footpr...
SK Telecom, a South Korean telecommunications firm, has recently launched TEAC (TIP Ecosystem Acceleration Center) program applications to produce new and advanced growth drivers with the help of next-gen 5G edge services to aid businesses as they co...
SpaceX, an American aerospace and space transportation services provider, has reportedly halted its 1st U.S. astronaut launch into orbit from Florida in 9 years. This landmark moment for the company and NASA has recently been hindered by the stormy w...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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, ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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 ...
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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