A world-leader in centrifugal separation, heat transfer, and fluid handling, Alfa Laval has recently announced acquiring about 20% stake in AMI Global, a specialist in end-to-end industrial Internet of Things (IoT) solutions for rotating machineries. Apparently, the main motive behind this acquisition is to support Alfa Laval’s position in
In its efforts to bring forth new and advanced sustainable mobility solutions to the global market, South Korean carmaker- Kia Motors, has recently announced unveiling its new brand strategy which will see the company go beyond vehicle production to create sustainable mobility solutions for customers.
For this, the firm has laid down its
Finnish telecom giant-Nokia has reportedly joined forces with Google Cloud Platform with an aim to enable the companies to jointly develop and offer cloud-native network functions such as 5G edge services and a 5G core offering to the mobile network operators.
For the record, the agreement is followed three months after Nokia decided to s
The acquisition agreement aligns with Tech Mahindra’s vision to expand its BFSI business worldwide
Indian multinational technology organization- Tech Mahindra has reportedly agreed to buy 100% shareholding of Payments Technology Services Ltd. (PTSL)- a subsidiary of an American company- FIS for INR 66 crores or USD
In a bid to combat deadly disease outbreaks in the future, United Nations agencies and its humanitarian partners have announced the establishment of a global Ebola vaccine stockpile in Switzerland. The stockpile is apparently meant to help control future epidemics by providing timely access to vaccines for populations that are at risk during an
Standing at par with the ongoing technological trend, one of the leading electronics brand- Samsung Electronics has recently unveiled its latest innovation in upgraded robots, and AI-based solutions at online conference of CES 2021, under the theme ‘Better Normal for All’.
Reports have it that the company launched its AI-power
Companies operating in the financial sector are now going nine yards for including technologies in their offering just to deliver a seamless user experience. In one such instance, Volkswagen Finance, a subsidiary of Volkswagen Financial Services, has recently announced increasing its shareholding capacity in Chennai-based KUWY Technology Service
The global oil and gas industry has been undergoing a phenomenal transformation worldwide, given the increasing crude oil production. In fact, OECD reported that the crude oil production worldwide accounted for more than 3.5 million in 2017 and is surging on the grounds of increasing exploration activities.
In this case, the formation of
With MSMEs being considered to be one of the most important growth engines of the Indian economy encompassing 60 million business units, contributing to nearly 29% of India’s GDP, 40% of exports, and employing over more than 110 million people, the need for digitization has gradually risen over a while now. This has apparently enabled vari