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Laiye to acquire startup Intelligence Qubic to tackle workforce burnout and time wastage

London, UK & Beijing, China. 4 August 2022 – Laiye, a global provider of Intelligent Automation, is to acquire Intelligence Qubic, which is described as an “evolutionary automatic machine learning (AutoML) company”. Terms of the deal have not been disclosed. (more…)

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August 5, 2022

Posted by: Shriya Raban

Renesas launches 5V RX660 32-bit MCUs with superior noise tolerance for home appliances and industrial applications

Tokyo, Japan. 2 August 2022  Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, announced a new addition to the RX 32-bit MCU Family, the RX660 group of microcontrollers (MCUs) that supports operating voltages of up to 5V, offering superior noise tolerance for home appliances and industrial equipment exposed to high electromagnetic interference. (more…)

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August 4, 2022

Posted by: Shriya Raban

Semtech set to acquire Sierra Wireless for enterprise value of about $1.2bn

02 August, 2022 – Camarillo, United States , & Vancouver, Canada – Semtech Corporation, a global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, and Sierra Wireless, Inc., a Internet of Things (IoT) solutions provider, announced a definitive agreement under which Semtech will acquire all outstanding shares of Sierra Wireless for [$31 per share (€30.43 per share)] in an all-cash transaction representing a total enterprise value of approximately [$1.2 billion (€1.18 billion)], subject to customary closing conditions. (more…)

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August 3, 2022

Posted by: Janmesh Chintankar

eSync Alliance adds cybersecurity company Asvin as its latest member

Silicon Valley, CA, USA. 1 August 2022 – The eSync Alliance, a global network of co-operating suppliers established to build a high-confidence, multi-vendor path for end-to-end secure over-the-air (OTA) updates and data services, announces that Asvin, an expert in cybersecurity and software lifecycle management, has joined as a promoter member. Asvin is the first cybersecurity company in the eSync Alliance. (more…)

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August 2, 2022

Posted by: Shriya Raban

SmartTest automation improves internet of things (IoT) device testing

Farmington Hills, United States. 28 July, 2022 – Teledyne LeCroy, the provider in connectivity test solutions, is pleased to announce that their frontline test services team has developed SmartTest automated testing to enhance their testing capabilities. SmartTest automated testing enables the most rigorous and repeatable testing possible while reducing test times and customer costs. (more…)

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August 1, 2022

Posted by: Janmesh Chintankar

Honeywell names Vimal Kapur president and chief operating officer

Charlotte, N.C., 28 July 2022 – Honeywell has announced that Vimal Kapur, current president and CEO of Honeywell Performance Materials and Technologies (PMT), has been appointed to the role of president and chief operating officer (COO), effective immediately. The presidents of all Honeywell Strategic Business Groups will report to Kapur in his new role, while Kapur and all functional leaders will continue to report to chairman and CEO Darius Adamczyk. (more…)

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July 29, 2022

Posted by: Shriya Raban

Wireless Logic acquires Mobius for IoT skills in critical communications and its strong customer list

London, UK – Wireless Logic, the global IoT connectivity platform provider has acquired Mobius Networks for an undisclosed sum. Mobius is a mobile virtual network operator, providing data connectivity services for Internet-of-Things (IoT) and Machine-to-Machine (M2M) applications. This agreement marks the latest step in Wireless Logic’s business expansion following the recent acquisition of Jola. (more…)

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July 26, 2022

Posted by: Shriya Raban

Accenture acquires Solvera Solutions to grow digital transformation capabilities in Western Canada

Toronto, Canada. 25 July 2022 – Accenture has acquired Solvera Solutions, a Regina-based company delivering platform-led digital transformation services across Western Canada. Financial terms of the transaction were not disclosed. (more…)

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Posted by: Shriya Raban

Infineon hybrid flyback controller XDP combined with CoolGaN IPS enable Anker to achieve higher efficiency

Munich, Germany, and Shenzhen, China. 25 July 2022 – With the rising number of mobile devices, notebooks and battery-powered equipment, the need for increased charging power and fast charging has emerged. (more…)

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Posted by: Shriya Raban

Single-chip solution with integrated H-Bridge for passive NFC lock applications

Munich, Germany. 22 July 2022 – The global smart lock market size was valued at 1.38 billion USD in 2020. The demand was recorded at 8.9 million units and is expected to expand at a compound annual growth rate (CAGR) of 21.4% from 2021 to 2028. (more…)

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July 25, 2022

Posted by: Shriya Raban