nami has announced close of its series A financing round, raising $10.5 million from investors including Verizon Ventures, Amavi Capital, INSPiRE and Aconterra. (more…)
July 8, 2023
Posted by: Shriya Raban
BAE Systems has secured a [£870 million (€1019.07 million)] contract by Ministry of Defence (MOD). Under this contract BAE Systems will deliver a new radar to enhance the Royal Air Force’s (RAF) Typhoon fighter jet fleet and strengthen the aircraft’s control of the airspace whilst providing electronic warfare capabilities. (more…)
July 7, 2023
Posted by: Janmesh Chintankar
ZTE Corporation, together with True Corporation, Thailand’s telecom-tech company, have jointly launched the True & ZTE Innovation Centre at True Digital Park in Bangkok. The collaboration between True and ZTE will inject new vitality into Thailand’s digital transformation. (more…)
Posted by: Janmesh Chintankar
Sercomm Corporation, a global manufacturer of telecom and broadband equipment, unveils its manufacturing facility in Tijuana, Mexico. Situated on the US-Mexico border, the Tijuana manufacturing facility offers proximity to market, enabling increased supply chain responsiveness and real-time engineering engagement with broadband service providers. (more…)
Posted by: Janmesh Chintankar
AcBel Polytech Inc., has announced the completion of its acquisition of ABB Ltd’s Power Conversion division. The closing of the transaction follows the satisfaction of all conditions precedent, including CFIUS (Committee on Foreign Investment in the United States) clearance. (more…)
Posted by: Janmesh Chintankar
Vodacom South Africa (VSA) has partnered with the Johannesburg Roads Agency (JRA) to ensure that traffic signals along major intersections operate during load shedding. This partnership managed by the JRA and facilitated through a service level agreement (SLA) will leverage electricity sourced from Vodacom’s adjacent buildings to power traffic lights. (more…)
Posted by: Janmesh Chintankar
Renesas Electronics Corporation and Wolfspeed, Inc have announced the execution of a wafer supply agreement and $2 billion (USD) (€1.84 billion) deposit by Renesas to secure a 10 year supply commitment of silicon carbide bare and epitaxial wafers from Wolfspeed. The supply of high-quality silicon carbide wafers from Wolfspeed will pave the way for Renesas to scale production of silicon carbide power semiconductors starting in 2025. The signing ceremony of the agreement was held at Renesas’ headquarters in Tokyo between Hidetoshi Shibata, president and CEO of Renesas, and Gregg Lowe, president and CEO of Wolfspeed. (more…)
July 6, 2023
Posted by: Shriya Raban
2degrees has announced that it is acquiring the broadband customer base of MyRepublic New Zealand as MyRepublic makes its exit from the New Zealand broadband market. (more…)
Posted by: Janmesh Chintankar
Samotics, a provider of real-time actionable insights to eliminate industrial energy waste and unplanned downtime has partnered with Partners in Performance (PIP), a management consulting company. This partnership aims to deliver enhanced condition monitoring and energy efficiency services to global industries, enabling digital transformation and improved performance. (more…)
Posted by: Janmesh Chintankar
emnify has announced the appointment of Christopher Ruettgers, as its new chief product officer. Ruettgers had a good career at DT IoT, Deutsche Telekom’s global IoT (internet of things) unit, where he also held the positions of chief product officer and chief innovation officer. (more…)
July 5, 2023
Posted by: Shriya Raban