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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.
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...
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...
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....
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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. ...
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)...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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-...
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 ...
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...
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...
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...
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...
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...
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...
Digital payments in India have witnessed fivefold growth since 2015 to approximately 22.4 transactions per person in the year that ended 31 March, as per the RBI. Reports cite, it is expected to exceed $1 trillion through 2023. In an effort to stay c...
Microsoft and Salesforce have planned to keep their differences aside and decided to work together. Recently, Salesforce announced that it will be moving its Marketing Cloud service to Microsoft’s Azure public cloud. This move would also help ...
NTT Research has entered into five-year agreements with universities and other agencies The joint framework will help boost its efforts within the principles of brain science and quantum physics Reports confirm that NTT Research, Inc., a...
NTT Research, Inc., has recently unveiled that its Medical and Health Informatics (MEI) Lab has signed a joint research agreement with the Technical University of Munich to work on three-dimensionally implantable and transformable electrodes. A reno...
Grocery business has always been big in America, estimated to be a $800 billion market in 2017. Amazon has constantly worked on capitalizing on this market, but its efforts have always fallen short. From offering groceries on its website, to buying W...
The urban mobility firm plans to use this investment to further its kick scooters and improve software. Voi Technology, a Swedish start-up that offers electric scooters, has recently raised around $85 million from a latest funding round led by Vosto...
GridGain Systems, an enterprise-grade in-memory computing solutions provider, has recently revealed its optimized in-memory computing platform, GridGain for z/OS, for IBM z/OS operating system. According to reliable sources, the n...
Walmart and Tesla have recently announced to have settled the lawsuit regarding the fires which broke out in Tesla’s solar panels installed at various Walmart stores last year. Tesla’s shares spiked by 1.5% following the announcement. So...
The platform will provide a series of bundled products and services via a personalized dashboard. Services are extended to registered ISOs, sub-ISOs, agents, agent banks and other valued distribution channels U.S. based – Priority Te...
Founded in 1968, Motorcar Parts of America, Inc. (MPA) has made a name in the automotive aftermarket parts sector with pioneering approaches that integrate advanced quality engineering with sustainable manufacturing processes. Recently, MPA made hea...
Accenture Interactive, a renowned Ireland based professional services firm that offers services in consulting, digital, strategy, operations and technology, reportedly announced the acquisition of Bow & Arrow, a renowned UK-based digital growth c...
Teradata, an innovative cloud intelligence company that has been offering clients with intelligent, real-time answers using 100% relevant data, has recently inked a strategic partnership with telecom giant Deutsche Telekom at Digital X in Germany. R...
Tyler Technologies Inc., a major Texas-based public sector software firm, has reportedly announced that it has inked a new strategic collaboration deal with Amazon Web Services (AWS), an on-demand cloud computing subsidiary of Amazon.com, Inc., for c...
The partnership will provide clinicians with state-of-the-art laser tech to treat patients The venture also produces an opportunity for Cook Medical to help treat benign prostate hyperplasia America-based medical device company Cook Med...
T-Mobile is globally known for its robust customer support and innovative offerings. The company is currently connecting 99% of Americans with its LTE network and is planning to expand its 5G network all over the nation. However, recently the compan...
After receiving approval from the World Trade Organization, the United States is planning to enforce tariffs of up to $7.5 billion on aircraft from the European Union. While the United States is permitted to have up to 100% tariffs on up to...
Samsung Electronics Co Ltd. once was the prime player in the premium mobile segment but after the advent of Xiaomi and Huawei, its dominance has lately seen a downward trend. However, Samsung’s Galaxy series is still maintaining its presen...
For years Microsoft Corporation has operated with a sole mission of empowering every organization and person on the planet, allowing them to achieve more. Recently, the company has shifted its focus towards Cloud and AI, as it feels that it possesses...
Netflix, the online-streaming video platform, is growing with an astonishing speed. The extraordinary growth of Netflix has revolutionized the media landscape. However, the company has often raised funds to invest in creating original TV shows and mo...
To meet increasing demand for air travel across nations and to play a lead role in the aviation industry, numerous airline companies are joining forces to roll out new plans for their passengers. A similar instance occurred recently when U.S.-based J...
Global edutainment industry is set to witness one of the most exponential growth spurts among various technology sectors in the forthcoming years. The industry is thus experiencing a series of developments, acquisitions and collaborations among marke...
The global aviation sector is projected witness exponential growth as global spending on repair, maintenance and overhaul services are expected to rise significantly over the next decade due to an increasing number of people choosing air travel. Thus...
With growing cases of cyberattacks and hackings, the need for an effective cybersecurity application is imminent. Advancements in digitalization has indeed maximized the chances of cyberattacks. In order to tackle such rising cases, softwar...
Ski goggles are a must for skiers as they protect eyes from snow, wind, and harmful UV rays, while improving vision to see obstacles more clearly. In a bid to enhance the quality and efficiency of ski googles, companies are now introducing new techno...
As electric vehicles are taking the automobile industry by storm, autonomous vehicles are now set to become a new benchmark for many automakers. The technology is believed to hold great significance in the trucking industry and has effectively attrac...
In a bid to increase market penetration, tech company need to upgrade their product’s offering using technological innovation. Given to the importance of investment in this field, numerous tech organizations in the world have started to pour he...
Mergers and acquisitions (M&A) help companies to explore new markets, enhance consumer base, create economic profit, and provide a profitable return to shareholders. When a company wants to purchase some or all stocks of a firm, it proposes a ten...
VR is witnessing a substantial growth in its implementation due to growing compactness of devices as well as the availability of various gaming options. Safety of users playing games in VR is a big concern for technology and video game companies. So ...
The automobile industry’s quest to reduce its harmful effect on the environment and transform automotive mobility into a sustainable mode have highlighted the importance electric and hybrid vehicles. Numerous automakers worldwide are putting in the...
Growing need for modern transportation as well as sustainable urban mobility is resulting in the adoption of micromobility. Electric scooters are hoped to have a positive impact on the fight against air pollution, marking a novel move towards efficie...
Due to the increasing innovations and discoveries in the technology field, various summit and conference are being conducted lately where enterprises get a podium to showcase their respective innovations to the world. Seeing the massive event managem...
The banking industry plays a vital role in offering end-to-end financial. The development of this industry is crucial as it could help with the development of a county’s economy. In order to fuel this development, companies are coming up w...
As the use of mobile and other smart devices are continuously rising worldwide, the need for upgrading existing network to next-generation advanced technology is of paramount importance today. From improving customer experience to creating a flexible...
· DragonFly LMD is an extension of DragonFly Pro · The system enables printing of electronic parts which includes capacitors, coils and sensors, etc. Israel-based Nano Dimensions Ltd., a leading additive electronics provider has repor...
Mounting environmental concerns have significantly increased the demand for eco-friendly heavy-duty electric vehicles for industrial applications. The green hydrogen revolution has begun and auto majors are making efforts to deploy hydrogen mobility....
Small and medium sized businesses are increasingly showing a substantial growth over the digital market. These businesses are more prone to cyber-attacks, which are a constant looming threat to their business operations. Thus, many small and medium s...
With increasing urban population in China, there is an noticeable increase in demand for automotive, construction, and infrastructural developments. Fumed silica is used in these sectors because of its enhanced performance capabilities, versatility, ...
The nature of technology is that it can always be updated into a better version. Such upgradations can change the course of industries and can help markets expand worldwide. Blockchain is one such technology that has made immense strides and has beco...
Rapid digitalization across various markets worldwide has made data centers much bigger than what they were a few years ago. This growth has led to reduced deployment speeds and development of various applications that are completely different from t...
As use of fresh water in power plants becomes less feasible due to low availability salt water cooling in water and power projects is gaining more popularity. Power companies as well as national governments are jointly investing in the energy project...
The ACH (Automated Clearing House) Network is a U.S. electronic payment network that processes financial transactions for consumers from one bank account to another and was the most chosen payment method consisting of 51% of all bill paymen...
Every day it seems that technology is pushing the boundaries of the automobile industry. Whether it is a hybrid electric cars or self-driven vehicles, modern technologies are advancing the automobile sector like never before. With increasing emphasis...
Discount stores have taken the retail industry by storm, with more people favoring them over traditional supermarkets. In the past couple of years, discount supermarkets have witnessed rising sales. Moreover, leading players like Walmart and 7-eleven...
The company announced two new products, which would be positioned under RDK video Accelerator’s umbrella, making it the latest platform that supports both HDR and AV1. CommScope Inc., a U.S. based network infrastructure provider company, has r...
The collaboration between Baidu and Neusoft will aid the development in smart city infrastructure, healthcare, and education. This investment extends an existing partnership with Neusoft Holdings for the development of products. Chinese ...
The new solution is particularly developed for autonomous vehicles like robotaxis, shuttles, delivery and commercial vehicles, providing best-in-class safety through robustness and superior detection. LeddarTech®, the market experts in LiDAR tec...
DE-FLUORO™ will be on display at the company’s booth at the eighth International Contaminated Site Remediation Conference, CleanUp 2019. AECOM, a multinational engineering firm with a completely integrated global infrastructure, has rece...
OnTime will provide its CloudberryMIL CR-6900 Series to Airbus Defense and Space which will reduce the connectivity issues faced by military personnel. OnTime Networks AS, a leading provider of Ethernet solutions for the defense and aerospace sector...
J2 Acquisition Limited, said that the company believes APi to be the ideal base for J2’s preliminary investment and is in line with its disciplined investment criteria. J2 Acquisition Limited, a public acquisition company, recently announced ...
By utilizing FORM Swim Goggles together with either the OH1+ or OH1 by Polar, swimmers would gain the ability to see their own heart rate in their swim goggles. Starting this November, FORM Swim Goggles would extend support for the Polar O...
Falkonry LRS will be integrated within Department of Defense analysis platforms Falkonry, a company that enables predictive operations for companies globally, recently announced that the U.S. Airforce Research Laboratory (AFRL) has granted it the c...
Google’s recent update allows the Hello video doorbell to send alerts to its user whenever it senses a package at the doorstep. Global tech giant, Google LLC has recently announced that its Nest Hello video doorbell can now instantly send a n...
ABS Technology is 27th acquisition of ePlus since 1997, it helps to fill a hole in its education business in the company’s home state of Virginia. Typically, ePlus acquires other companies for expansion of the company in newer geogr...
Following this move, Lilly would continue to focus on developing and discovering new treatments for people suffering from diabetes. A Chicago-based arbitration panel has recently ruled in favor of U.S. pharma giant Eli Lilly and Co. in a claim ...
Depot Systems will remain under MD Wally Morris’s leadership and will continue to offer container yard management solutions to its clients in the U.S. Global logistics solutions group, WiseTech Global has recently announced the acquisition of...
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