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Business news Page 416

Business news Page 416
German tech firm takes control of Spectral Engines
German tech firm takes control of Spectral Engines
Business news |
Spectral Engines Oy (Oulu, Finland), a startup developer of near infrared hyperspectral sensors, has agreed to be bought by German…
EPC picks Spirit as GaN defence and aerospace distributor
EPC picks Spirit as GaN defence and aerospace distributor
Business news |
Efficient Power Conversion (EPC) has appointed Spirit Electronics as a distributor for defence and aerospace designs in the US using…
Toyota gets ready for mass production of fuel cells
Toyota gets ready for mass production of fuel cells
Business news |
From 2020 Toyota plans to expand the mass production of fuel cell stacks and hydrogen tanks. In the coming decade,…
Honeywell, AT&T collaborate on connected freight, aircraft
Honeywell, AT&T collaborate on connected freight, aircraft
Business news |
Telecom provider AT&T (Dallas, TX) and multinational conglomerate Honeywell (Morris Plains, NJ) have announced that they are collaborating to deliver…

XP snaps up Glassman High Voltage after death of founder
XP snaps up Glassman High Voltage after death of founder
Business news |
XP Power has bought the assets and business of Glassman High Voltage for $44.5m after the death of the founder.
Participants sought for Machine Learning Working Group by EEMBC
Participants sought for Machine Learning Working Group by EEMBC
Business news |
EEMBC is looking for participants for a new Machine Learning working group that will develop the organisation’s Machine Learning Benchmark Suite.
Kudelski, u-blox collaborate on secure IoT connectivity
Kudelski, u-blox collaborate on secure IoT connectivity
Business news |
The Kudelski Group and u‑blox have announced the signing of an MOU to bring premium-grade security to IoT devices. The two companies have agreed to collaborate toward integrating the Kudelski…
German smart battery maker raises €60m from Shell
German smart battery maker raises €60m from Shell
Business news |
German residential smart energy storage developer Sonnen has raised €60m from Shell Ventures, the corporate investment arm of Royal Dutch Shell, and all its existing investors.
German smart battery maker raises €60m from Shell
German smart battery maker raises €60m from Shell
Business news |
German residential smart energy storage developer sonnen has raised €60m from Shell Ventures, the corporate investment arm of Royal Dutch Shell, and all its existing investors.
BP invests in ultra-fast charging battery company
BP invests in ultra-fast charging battery company
Business news |
BP Ventures is investing $20m in Israeli ultra-fast charging battery developer StoreDot.
China approves Toshiba memory sale
China approves Toshiba memory sale
Business news |
As trade discussions between China and the United States were underway in Washington last week Bain Capital received written approval for its planned $18 billion acquisition of Toshiba Memory Corp.
Microsoft purchases conversational AI startup
Microsoft purchases conversational AI startup
Business news |
Microsoft (Redmond, WA) has announced that it has acquired startup Semantic Machines (Newton, MA and Berkeley, CA), a provider of conversational artificial intelligence (AI) technology aimed at revolutionizing customer service…
Kudelski Group and u-blox collaborate on secure IoT connectivity
Kudelski Group and u-blox collaborate on secure IoT connectivity
Business news |
The Kudelski Group and u‑blox have announced the signing of an MOU to bring premium-grade security to IoT devices. The two companies have agreed to collaborate toward integrating the Kudelski…
China approves Toshiba memory sale
China approves Toshiba memory sale
Business news |
As trade discussions between China and the United States were underway in Washington last week Bain Capital received written approval for its planned $18 billion acquisition of Toshiba Memory Corp.
Microsoft acquires conversational AI startup
Microsoft acquires conversational AI startup
Business news |
Microsoft (Redmond, WA) has announced that it has acquired startup Semantic Machines (Newton, MA and Berkeley, CA), a provider of conversational artificial intelligence (AI) technology aimed at revolutionizing customer service…
Foxconn plans to be a chip company
Foxconn plans to be a chip company
Business news |
Terry Gou, the chairman of Hon Hai Precision Industries Co. Ltd. (Taipei, Taiwan), has confirmed that his company is planning to design and manufacture its own chips for use in…
Microsoft buys conversational AI startup
Microsoft buys conversational AI startup
Business news |
Microsoft (Redmond, WA) has announced that it has acquired startup Semantic Machines (Newton, MA and Berkeley, CA), a provider of conversational artificial intelligence (AI) technology aimed at revolutionizing customer service…
China approves Toshiba memory sale
China approves Toshiba memory sale
Business news |
As trade discussions between China and the United States were underway in Washington last week Bain Capital received written approval for its planned $18 billion acquisition of Toshiba Memory Corp.
Infineon to build €1.6bn 300mm power semi line
Infineon to build €1.6bn 300mm power semi line
Business news |
Infineon is to massively expand its production of power devices wih a new 300mm wafer production line at its location in Villach, Austria.
AI-powered greenhouse startup gets stake from Osram
AI-powered greenhouse startup gets stake from Osram
Business news |
Osram’s venture capital arm, Fluxunit, has acquired a stake in Canadian startup Motorleaf, an artificial intelligence company focused on bringing actionable, data-driven insights to greenhouse and indoor farm operators.
Infineon invests €1.6 billion in power semi product line
Infineon invests €1.6 billion in power semi product line
Business news |
Amidst strong demand for power semiconductors, Infineon plans to massively expand its production. The company will establish a new 300mm wafer production line at its location in Villach, Austria.
Continental invests in next-gen head-up display
Continental invests in next-gen head-up display
Business news |
Together with Silicon Valley startup Digilens, automotive supplier Continental plans to pave the way for augmented reality (AR) in vehicles. Digilens develops a holographic waveguide technology that is well suited…
Design study shows BMW’s automated electric vehicles
Design study shows BMW’s automated electric vehicles
Business news |
BMW has shown an initial design study for its selfdriving iNEXT electric car platform.
2013 spin-off Red Pitaya returns to Instrumentation Technologies
2013 spin-off Red Pitaya returns to Instrumentation Technologies
Business news |
Spun-off from Instrumentation Technologies in 2013, Slovenian startup Red Pitaya sold all its outstanding shares to the test and measurement company it came from.
BMW shows design study of autonomous electric vehicle
BMW shows design study of autonomous electric vehicle
Business news |
At its shareholders' meeting, BMW gave an initial designer's view of the planned purely electrically powered iNEXT. BMW subsidiary Rolls Royce also wants to switch to electric drive - albeit…
Osram invests in horticulture startup Motorleaf
Osram invests in horticulture startup Motorleaf
Business news |
Osram’s venture capital arm, Fluxunit, has acquired a stake in Canadian startup Motorleaf, an artificial intelligence company focused on bringing actionable, data-driven insights to greenhouse and indoor farm operators.
ST’s Bozotti to successor: Get to $12 billion quickly
ST’s Bozotti to successor: Get to $12 billion quickly
Business news |
Tuesday May 15, 2018, was the last financial analysts one-day conference for Carlo Bozotti, CEO of STMicroelectronics NV, before he retires at the end of May. Not surprisingly he was…
Amazon-backed piezo MEMS mic startup raises $23M
Amazon-backed piezo MEMS mic startup raises $23M
Business news |
MEMS microphone startup Vesper Technologies (Boston, MA) has announced that it has closed $23 million in Series B funding in order to scale its piezoelectric microphone production.


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