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Macquarie's Green Investment Group buys 43MW Swedish onshore wind farm

Macquarie's Green Investment Group buys 43MW Swedish onshore wind farm

Pranali Mehta Date: June 14, 2019
GIG has secured a long-term power purchase agreement with Axpo Nordic for the project Green Investment Group Limited, owned by Macquarie, has reportedly acquired the 43MW Hornamossen onshore wind far....
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Apple keen on acquiring Intel's 5G smartphone modem business

Apple keen on acquiring Intel's 5G smartphone modem business

Pranali Mehta Date: June 13, 2019
The California-based iPhone maker Apple Inc. is reportedly looking into the possibility of buying Intel's 5G modem business based in Germany. As per trusted sources, in 2011, Intel had bought Infineo....
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Innoviz Technologies raises $170 million in a Series C funding round

Innoviz Technologies raises $170 million in a Series C funding round

Pranali Mehta Date: June 12, 2019
Innoviz Technologies, a leading manufacturer of solid-state LiDAR sensors & perception software recently announced the close of $170 million Series C funding round. The series C round is expected ....
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Nokia extends its network security commitment to cover the 5G world

Nokia extends its network security commitment to cover the 5G world

Pranali Mehta Date: June 11, 2019
Under the commitment extension, Nokia launched the DFSEC 2.0 security program to meet the security needs of 5G WANs. The company also opened a new security testing & verification laborato....
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Telecommunication company Three to launch 5G broadband in the UK

Telecommunication company Three to launch 5G broadband in the UK

Pranali Mehta Date: June 10, 2019
Details of handsets that will be part of the mobile launch of UK Three is expected to be announced in the coming month. UK-based mobile operator, Three, recently announced plans to launch new-generat....
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SimCorp to acquire data management software provider for €60 million

SimCorp to acquire data management software provider for €60 million

Pranali Mehta Date: June 08, 2019
SimCorp, Denmark-based IT solution provider company recently announced acquisition of AIM Software, a data management specialist for €60 million. SimCorp confirmed the buying of all shares in AI....
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NXP, Momenta partner on automotive-grade Driver Monitoring Systems

NXP, Momenta partner on automotive-grade Driver Monitoring Systems

Pranali Mehta Date: June 07, 2019
The European New Car Assessment Program (NCAP) has made DMS an essential safety function, slated for incorporation by 2020. NXP Semiconductors N.V., one of the world's largest suppliers of automotive....
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Oracle combines its cloud services with Microsoft to take on AWS

Oracle combines its cloud services with Microsoft to take on AWS

Pranali Mehta Date: June 06, 2019
Apparently, AWS, the largest cloud computing provider, has been intruding on many of the customers, including in historical stronghold of Oracle in the database industry. The American multinational t....
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BEL partners with Wipro to develop an indigenous system on chip

BEL partners with Wipro to develop an indigenous system on chip

Pranali Mehta Date: June 04, 2019
BEL has also been working on EVM machines and some of the electro-optic applications such as sensors. The aerospace and defense companyBharat Electronics Limited (BEL) and Indian multinational corpo....
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Infineon reportedly in talks to buy US-based Cypress Semiconductor

Infineon reportedly in talks to buy US-based Cypress Semiconductor

Pranali Mehta Date: June 03, 2019
Cypress Semi has been trying to reform itself as a manufacturer of chips for use in the vehicles and emerging market for internet of things Reports suggest that Infineon Technologies AG is in talks t....
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Intel announces partnership with Tower Semiconductor to offer foundry services

Intel announces partnership with Tower Semiconductor to offer foundry services

Saudi-based ACWA Power secures $123M to develop solar project in Egypt

Saudi-based ACWA Power secures $123M to develop solar project in Egypt

Apple discloses plans to expand local component production in India

Apple discloses plans to expand local component production in India

Snapchat expands further into generative AI with AI tool 'Dreams’

Snapchat expands further into generative AI with AI tool 'Dreams’

Rochester Electronics announces partnership with SkyHigh Memory Ltd.

Rochester Electronics announces partnership with SkyHigh Memory Ltd.

U.S. announces significant interest in $52B funding for semiconductor chips

U.S. announces significant interest in $52B funding for semiconductor chips

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