Press Releases

RoboSense receives BYD’s strategic investment and becomes an engaged participant of the auto industry

RoboSense, a provider of smart LiDAR system technology company, attended the 2021 BYD CEO annual meeting of investor enterprises and officially announced a strategic investment agreement and a strategic cooperation framework agreement with BYD. Chunxin Qiu, founder and CEO of RoboSense, and Chuanfu Wang, chairman and president of BYD attended the signing ceremony.
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December 28, 2021

Posted by: Anasia D'mello

Telefonica Tech to deploy 130,000 smart meters for Canal de Isabel II

Madrid, 28 December 2021 – Telefonica Tech, , Telefonica’s digital business unit, and Contazara, Spain’s manufacturer of electronic meters, will deploy 130,000 smart meters for the public utility. This first phase is the start of Canal de Isabel II’s planned total mass roll-out plan, which will see it install approximately 650,000 water meters with integrated Narrow Band IoT (NBIoT) communication over the next three years. (more…)

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Posted by: Anasia D'mello

Orbit acquires Euclid Systems Engineering

Netanya, Israel. 26 December, 2021– Orbit Communications Systems Ltd., a global provider of maritime and airborne SATCOM terminals, tracking ground station solutions, and mission-critical airborne audio management systems announced that it has entered into an agreement to purchase 100% of the issued and repaid capital of Euclid Systems Engineering Ltd., which specialises in the development of smart, small and lightweight positioners & tracking systems for the defense industries. (more…)

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Posted by: Anasia D'mello

Monogoto joins SODAQ and Sequans to bring CBRSense IoT sensor to market

Monogoto, the cloud-based global cellular connectivity provider, is pleased to welcome CBRSense into its network. CBRSense is the multi-purpose low-power IoT sensor that communicates over private networks. (more…)

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December 27, 2021

Posted by: Anasia D'mello

RoboSense reached partnership with Horizon Robotics

Shenzhen, China – RoboSense announced a strategic partnership with Horizon Robotics, a global provider of edge AI computing platforms. The two partners will mobilise their respective technological capacity and mass production experience to roll out in-depth cooperation focusing on advanced driver assistance systems (ADAS), autonomous driving, robotics, new intelligent transportation infrastructure and other applications. (more…)

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Posted by: Anasia D'mello

BBVA teams with Accenture to streamline operations with AI

Madrid, 23 Dec 2021 – Banco Bilbao Vizcaya Argentaria (BBVA) and Accenture have signed a collaborative agreement that is focused on accelerating digital transformation and applying analytics and artificial intelligence (AI) to drive faster decision-making and enhance the customer service experience. (more…)

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December 24, 2021

Posted by: Anasia D'mello

Telefonica Tech acquires Geprom to reinforce its capabilities in Industry 4.0

Madrid. 23 December 2021- Telefonica Tech continues its growth story by announcing the signing of a contract for the acquisition of Geprom, a technology-based engineering company headquartered in Spain specialising in industrial automation and the digital transformation of existing factory production processes.
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Posted by: Anasia D'mello

The installed base of off-highway vehicle telematics systems will reach 10.7mn units worldwide by 2025

Gothenburg, Sweden. 23 December 2021 –  Berg Insight estimates that the global installed base of active off-highway vehicle telematics systems reached 5.2 million units in 2020. This includes connected units deployed on various off-highway vehicles across the construction, mining, agriculture and forestry sectors. (more…)

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Posted by: Anasia D'mello

Qualcomm, MediaTek and Unisoc post robust growth in smartphone apps processors

The global smartphone applications processor (AP) market grew 17% to $8.3 billion (€7.34 billion) in Q3 2021, according to Strategy Analytics‘ Handset Component Technologies (HCT) service report. (more…)

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December 23, 2021

Posted by: Anasia D'mello

Telent acquires the Harlequin Group

Warwick, U.K. 21st December 2021 – Telent has announced that it has acquired the Harlequin Group, a specialist technology services company. (more…)

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December 22, 2021

Posted by: Anasia D'mello