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Latest

Velodyne Lidar strikes five-year term sales agreement with ThorDrive
Technology
Pankaj Singh Date: February 12, 2021

Velodyne Lidar strikes five-year term sales agreement with ThorDrive

Leading tech firm, Velodyne Lidar, Inc., has reportedly signed a five-year sales agreement with solution provider of autonomous technology, ThorDrive, to offer Ultra Puck™ sensors. For those unv....
Bain Capital-Cinven enter definitive agreement to buy LSI business
Chemicals
Pankaj Singh Date: February 11, 2021

Bain Capital-Cinven enter definitive agreement to buy LSI business

Bain Capital Private Equity and Cinven have reportedly entered a definitive agreement to acquire a division of Lonza AG, LSI (Lonza Specialty Ingredients). The deal has been entered at an enterprise v....
Rival Foods to partner with LIVEKINDLY to offer plant-based chicken
Food
Pankaj Singh Date: February 10, 2021

Rival Foods to partner with LIVEKINDLY to offer plant-based chicken

Rival Foods, a plant-based gastronomy startup, has recently announced plans to enter a partnership with LIVEKINDLY Collective, a collection of plant-based heritage & startup brands. This partnersh....
Amouage surges business operations in its new Dubai-based office
Manufacturing
Pankaj Singh Date: February 09, 2021

Amouage surges business operations in its new Dubai-based office

Amouage, a luxury fragrance brand, has reportedly announced the expansion of its business operations via a new office based in Dubai, UAE. The announcement happened along the heels of the significant ....
Changi Airport selects Genetec for its 3-year security upgrade project
Technology
Pankaj Singh Date: February 08, 2021

Changi Airport selects Genetec for its 3-year security upgrade project

Changi Airport Group, an innovative and technologically-advanced airport based in Singapore, has reportedly chosen Genetec, Inc. to upgrade and enhance its security system. The 3-year security upgrad....
Spotify records new 25 million MAUs, with India as prominent market
Technology
Pankaj Singh Date: February 05, 2021

Spotify records new 25 million MAUs, with India as prominent market

Spotify, an audio streaming & media services provider, has reportedly announced a significant expansion of new users to 25 million during the Q4 of 2020. The company also revealed that India serve....
Kraft Heinz in talks to sell Planters business for $3Bn to Hormel
Food
Pankaj Singh Date: February 04, 2021

Kraft Heinz in talks to sell Planters business for $3Bn to Hormel

Kraft Heinz Co, an American food company, is currently in talks with Skippy peanut butter manufacturer, Hormel Foods Corp. The discussions have been initiated in a bid to sell the food company’s....
Telemedico closes $6.6M Series A funding to expand global footprint
Healthcare
Pankaj Singh Date: February 03, 2021

Telemedico closes $6.6M Series A funding to expand global footprint

Telemedico, a health-related services provider, has reportedly closed a Series A funding round worth nearly $6.6 million (€5.5 million). This funding round was led by investors namely Uniqa Ventu....
Shell, Microsoft, Baker Hughes, and C3 AI launch OAI solutions
Energy and power
Pankaj Singh Date: February 02, 2021

Shell, Microsoft, Baker Hughes, and C3 AI launch OAI solutions

Shell, Microsoft, Baker Hughes, and C3 AI have recently announced the launch of the OAI (Open AI Energy Initiative™). It is a first-of-its-kind open ecosystem of AI-based solutions to help trans....

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