Teco invests in ZEPT
Teco Electric & Machinery has acquired a 25% stake in ZEPT, a Taiwan-based startup that develops powertrain modules used in electric vehicles (EVs), for cooperation in developing EV-use power systems and tapping corresponding markets......»»
Continental invests in object recognition startup
The German supplier has bought a minority stake in Recogni, which is working on object recognition in real time based on artificial intelligence......»»
Microsoft, Zoom Look To Hybrid Workplaces, Box Buys SignRequest & More News
In this week's Newsbyte, both Zoom & Microsoft are eyeing the emerging hybrid workplace, Box invests in e-signatures, Skype for Business counting down and more. Continue reading........»»
Asustek invests in Portwell for AIoT applications
Asustek Computer has announced to spend NT$1.5 billion (US$53.13 million) on acquiring a 30% stake in Portwell and will partner with the IPC maker to establish Embedded Foundry, an R&D center for AIoT innovations. Asustek is set to make further inves.....»»
Teco joins MIH
Electric machinery and home appliance maker Teco Electric & Machinery has joined MIH Alliance in a bid to collaborate with other members to boost development of electric vehicles (EVs) in Taiwan, according to the company......»»
Luxshare invests in Casetek subsidiary in China
Luxshare Precision Industry will participate in an upcoming fundraiser by Ri Kai Computer Accessory, a subsidiary of Casetek in China, and the move will make the firm a joint venture between Luxshare and Casetek's subsidiary......»»
Intel invests additional US$475 million in Vietnam
Intel announced recently that it has invested a further US$475 million in Intel Products Vietnam (IPV). This new investment is in addition to Intel's US$1 billion investment to build a state-of-the-art chip assembly and test manufacturing facility in.....»»
Atomico promotes SaaS and enterprise-focussed investor Ben Blume to partner
Atomico, the European venture capital fund that typically invests at Series A and Series B, has made a number of internal promotions, including making SaaS and enterprise-focussed investor Ben Blume a partner at the firm. The step up from principal t.....»»
Microsoft invests in $30 billion driverless car company Cruise
Investment pits Microsoft against Google sibling Waymo. Driverless Chevy Bolts are a common sight on the streets of San Francisco, where Cruise is based. (credit: Cruise) Microsoft has invested in Cruise, the General Motors driverless car unit.....»»
Microsoft invests in Cruise in new $2 billion round
Cruise has raised $2 billion in a new equity round that has pushed its valuation up to $30 billion and delivered Microsoft as an investor and partner. GM, Honda and other institutional investors have also put more capital into Cruise as the autonomou.....»»
Apple Invests Millions To Back Entrepreneurs of Color, Part of Racial Justice Effort
Apple on Wednesday said it was putting $60 million into a fresh round of projects aimed at challenging systemic racism, including its first foray into venture capital funding to back entrepreneurs of color. From a report: Apple said it would invest $.....»»
Lite-On Tech invests in PlayNitride
EMS provider Lite-On Technology has invested in PlayNitride, a developer of microLED technology, for a stake of below 5%, according to industry sources......»»
Google invests in Indian startups Glance and DailyHunt
Google said on Tuesday it is investing in two Indian startups, Glance and DailyHunt, as the Android-maker makes further push in the world’s second largest internet market. Two-year-old Indian startup Glance, which serves news, media content, an.....»»
Tencent invests in DJI-backed agritech startup FJ Dynamics
Tencent invests in DJI-backed agritech startup FJ Dynamics.....»»