Press Releases

Visa to acquire Plaid

Visa Inc. announced it has signed a definitive agreement to acquire Plaid, a network that makes it easy for people to securely connect their financial accounts to the apps they use to manage their financial lives. Visa will pay total purchase consideration of $5.3 billion (€4.7 billion) to acquire Plaid. (more…)

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January 14, 2020

Posted by: Anasia D'mello

Rockwell Automation to acquire Avnet to expand cybersecurity expertise

Rockwell Automation, Inc. announced that it has signed an agreement to acquire privately held Avnet Data Security, LTD, an Israeli-based cybersecurity provider with over 20 years of experience providing cybersecurity services. (more…)

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January 9, 2020

Posted by: Anasia D'mello

Idemia appoints former Amazon exec David Desharnais as chief digital product group officer

Idemia, the global provider of Augmented Identity, has announced the appointment of David Desharnais as the group’s chief digital product officer. As executive vice-president and a key member of Idemia group’s executive committee, Desharnais will lead Idemia’s cloud and digital platform strategy. (more…)

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Posted by: Anasia D'mello

IBM launches advertising accelerator with Watson

At the 2020 Consumer Electronics Show (CES), IBM announced the launch of Advertising Accelerator with Watson, a first-to-market offering that leverages Artificial Intelligence (AI) to predict the optimal combination of creative elements to help drive high engagement and conversion for a given audience. (more…)

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January 7, 2020

Posted by: Anasia D'mello

Uber and Hyundai Motor announce aerial ridesharing partnership

Uber and Hyundai Motor Company have announced a new partnership to develop Uber Air Taxis for a future aerial ride share network and unveiled a new full-scale aircraft concept at the Consumer Electronics Show (CES). (more…)

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January 6, 2020

Posted by: Anasia D'mello

Integrated Device Technology restarts in 2020 as Renesas Electronics America following US integration

Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, reports that, after the successful integration of Integrated Device Technology, Inc. (IDT) in the U.S., IDT began operating in the market under the name of Renesas Electronics America Inc. as of January 1, 2020. IDT was acquired on March 30, 2019. (more…)

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Posted by: Anasia D'mello

Luxoft joins Microsoft to accelerate delivery of connected vehicle solutions

Luxoft, a DXC Technology Company, announced that it is expanding its collaboration with Microsoft to accelerate the delivery of connected vehicle solutions and mobility experiences. (more…)

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January 2, 2020

Posted by: Anasia D'mello

Mobile tech is enabling ‘huge’ carbon reductions in response to climate emergency, says GSMA

The use of mobile technology has enabled a global reduction in Greenhouse Gas (GHG) emissions of around 2,135 million tonnes of CO2e last year. This is according to a new study commissioned by the mobile network operators’ association, the GSMA. (more…)

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December 20, 2019

Posted by: Anasia D'mello

GTT Wireless joins OmniAir Consortium

OmniAir Consortium, the global industry association promoting interoperability and certification for intelligent transportation systems (ITS), tolling, and connected vehicles, reports that GTT Wireless, a global provider of carrier-grade antenna and enclosure solutions headquartered in Rutland, UK, is OmniAir’s newest member. (more…)

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December 17, 2019

Posted by: Anasia D'mello

Particle appoints three new directors to its board from Qualcomm and Accenture

Particle has appointed three new people to its board of directors. They are Liz Tinkham, former managing director at Accenture, Carlos Kokron, vice president, Qualcomm Technologies, Inc. and managing director, Americas for Qualcomm Ventures, and Sameer Reddy, partner at Energy Impact Partners, to its board of directors. (more…)

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Posted by: Anasia D'mello