FitTech acquires TWC Opto, XQT-Opto
LED probing, testing and sorting equipment maker FitTech has disclosed it has acquired Taiwan-based TWC Opto and China-based XQT-Opto Technology in a bid to strengthen its product lines of laser probing and testing equipment......»»
Rivian acquires route planning app maker Iternio, CEO says
Rivian has acquired Swedish EV route planning app maker Iternio to add its technology to its electric pickups and sport utility vehicles, as well use its data to better expand its own charging network,.....»»
BorgWarner acquires EV charging business in Italy for about $80 million
The acquisition target is expected to generate about $27 million in revenue this year, and BorgWarner expects to grow sales to $273 million by 2027......»»
Virtana acquires OpsCruise to help users manage complex modern environments
Virtana acquired cloud observability platform, OpsCruise, a purpose-built cloud-native, and Kubernetes observability platform. OpsCruise’s solution empowers ITOps/DevOps/SRE teams to predict performance degradation and pinpoint its cause. This.....»»
Automation giant ABB acquires smart home device maker Eve
Eve Systems, the maker of numerous smart home devices that support HomeKit, has been acquired by automation and electrification firm ABB.Eve MotionConfirmed by ABB on Monday, the purchase of the German Eve Systems brings the company under the ownersh.....»»
Radiant supplies backlight modules for new MacBook Air
Taiwan-based Radiant Opto-Electronics is reportedly the exclusive supplier of LED backlight units (BLUs) used in Apple's newly released next-generation 15-inch MacBook Air notebook model, according to supply chain sources......»»
Apple acquires B2B AR startup Mira
A day after Apple unveiled its first-generation MR headset, Vision Pro, the world's largest company by market value made another acquisition by buying AR startup Mira......»»
India"s Polymatech aims to become leading opto-semiconductor chips manufacturer
In response to the Indian government's Semiconductor Mission aimed at transforming the nation into a semiconductor powerhouse, several companies have shown interest in establishing assembly, testing, marking, and packaging (ATMP) facilities. Even tho.....»»
Onfido acquires Airside to boost identity verification for individuals and businesses
Onfido acquired Airside Mobile to deliver user-controlled, shareable digital identity designed with data privacy and time-saving convenience at its core. Airside’s shareable digital identity technology has been used by over 10 million travelers and.....»»
Chinese firm develops ArF photoresists for 90-28nm chip production
China's Nanta Opto-electronic Material has successfully developed DUV ArF photoresists that can support production of 90-28nm chips, aiming to serve import-substitution demand for photoresists used in mature manufacturing processes, according to indu.....»»
Infineon acquires TinyML startup Imagimob to strengthen embedded AI offering
Infineon Technologies announced on May 16 the acquisition of Sweden-based startup Imagimob AB, a platform provider for machine learning solutions for edge devices. With this acquisition Infineon advances its position to offer a world-class ML solutio.....»»
BYD acquires another plot in Guangdong to establish automobile industrial park
China-based BYD took a step forward to build an automobile industrial park in Guangdong. The Shenzhen government announced on May 15 that the EV maker obtained an over-520,000-square-meter plot with CNY376 million (US$5.4 million), the fifth it has g.....»»
IBM acquires Polar Security to address the growing shadow data problem
IBM has acquired Polar Security, an innovator in technology that helps companies discover, continuously monitor and secure cloud and SaaS application data – and addresses the growing shadow data problem. This news marks IBM’s 5th acquisition in 2.....»»
Radiant upbeat about automotive product sales in 2023
Radiant Opto-Electronics, a manufacturer of LED backlight units (BLU), expects revenue generated from the automotive segment to register a double-digit increase in 2023......»»
Luminar CEO Austin Russell acquires majority stake in Forbes magazine
Russell, the 28-year-old CEO of Luminar Technologies, plans to serve as a visionary for the Forbes brand and won’t be involved in day-to-day operations......»»
Hammerspace acquires Rozo Systems to help users accelerate data analytics
Hammerspace acquires Rozo Systems to expand the performance and hyperscale capacity capabilities of its unstructured Data Orchestration System. Data-driven organizations have rapidly become more decentralized, with files being created, analyzed, and.....»»
LED firm Edison Opto steps up deployment in automotive segment
LED module and packaging service provider Edison Opto has stepped up its deployment in the automotive segment, with plans to add a new LED automotive lighting product line in June, according to company sources......»»
Foxconn acquires more land in southern India for smartphone manufacturing
According to a filing by Foxconn Tuesday night, the world's largest electronics manufacturer has bought land near Bengaluru for future operation......»»
Evolutionary cell biology study shows how energy production can be optimized to ensure rapid growth without respiration
In a paper published today, researchers from the Randall Centre for Cell & Molecular Biophysics and The Crick use an evolutionary cell biology approach in two related fission yeasts, one that acquires energy by respiration and one that doesn't, to fi.....»»
Group 1 acquires 3 Buick-GMC dealerships in Texas
Group 1's purchase of 'uniquely high-volume stores' from Beck & Masten group is expected to generate $760 million in annual revenue......»»
Quantum lidar prototype acquires real-time 3D images while fully submerged underwater
For the first time, researchers have demonstrated a prototype lidar system that uses quantum detection technology to acquire 3D images while submerged underwater. The high sensitivity of this system could allow it to capture detailed information even.....»»