In a bid to enhance its spices portfolio in the domestic as well as international markets, Olam Food Ingredients has recently announced acquisition of the chile pepper business (CPB) of the US- based Mizkan America under a transaction deal of USD 108.5 million.
It has been reported that the chile pepper business firm would be ac
- The move is anticipated to bolster Daikin’s product position into the thriving commercial air-conditioning market.
- The transaction deal has been speculated to be around Rs 100 to Rs 125 crore ($1.3 million to $1.7 million).
The ongoing COVID-19 pandemic has compelled businesses
Ford-owned electric scooter company, Spin, has reportedly entered into a collaboration with Drover AI, an IoT startup, for adding onboard computers, cameras, and sensor arrays to all of its scooters intending to check improper riding and parking behavior by its clientele. This agreement will allow Spin to track where its scooters are being ridde
Octave Bioscience, the leading developer of sophisticated care management platform for MS (multiple sclerosis) as well as other neurodegenerative diseases, has reportedly announced the completion of a $32M Series B financing round. The investment round was led by Northpond Ventures, with active participation from Casdin Capital and Deerfield Man
With intensifying need for sustainable technologies across the energy industry, the U.S. Department of Energy (DOE) has recently announced raising about USD 45 million for a study to develop solar systems and hardware integrations, encompassing the creation of consortium assigned for the development of technologies for rationalized electric grid
Under this acquisition agreement, MessageBird looks toward bolstering its cloud communications portfolio in the upcoming years.
Lockdown mandates and restrictions during COVID-19 pandemic times have led people to turn to social networking and messaging applications, paving way for the wholesome development of the overall
The new project is planned to deliver an AI-powered recipe creation application and an in-kitchen assistant robot.
The coronavirus pandemic has encouraged various tech companies to go all the way in putting up innovative solutions and products that cater to the burgeoning health needs of today’s consumer base. In on
The new service is said to combine AWS CloudEndure with the company’s own IT assessment and implementation skill and experience with SAP software.
Lemongrass Consulting, a pioneer in incorporating, operating, and automating SAP Business Suite and SAP Business One on AWS cloud, has announced launching a new cloud-bas
In a recent turn of events, California-based video game firm- Electronic Arts- has reportedly announced reaching an agreement with the Board of Codemasters for the recommended acquisition of UK-based game developer and publisher- Codemasters Group.
It has been claimed that in the transaction deal, the latter company’s stakeholders w