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Intel elects Lip-Bu Tan to its board of directors

Santa Clara, United States. 11 August, 2022 – Intel Corporation announced that Lip‑Bu Tan, executive chairman of Cadence Design Systems Inc., chairman of Walden International, and founding managing partner of Celesta Capital and Walden Catalyst Ventures, was elected to Intel’s board of directors, effective Sept. 1, 2022. Tan will join the M&A Committee of Intel’s board of directors. (more…)

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August 17, 2022

Posted by: Janmesh Chintankar

New $26mn NSF Engineering Research Centres to advance future of smart streetscapes

Boca Raton, United States. 11 August, 2022 – Florida Atlantic University’s Institute for sensing and embedded network systems engineering (I-SENSE) and college of engineering and computer science have landed a major national science foundation (NSF) engineering research centre (ERC) with Columbia University, Rutgers University, the University of Central Florida, and Lehman College. (more…)

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August 16, 2022

Posted by: Janmesh Chintankar

GrubMarket acquires IOT Pay to enter financial services sector for the American food supply chain industry

San Francisco – GrubMarket announced it has completed the acquisition of Vancouver, Canada-based IOT Pay, a fintech company that provides omnichannel payment services that allow merchants to accept payments both in-store and online on a global scale. GrubMarket will leverage IOT Pay’s technology and payments infrastructure to address the food supply chain industry’s accelerating need for faster, more flexible, and more robust digital payment and financing opportunities. (more…)

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August 10, 2022

Posted by: Janmesh Chintankar

Cohesity appoints Sanjay Poonen as CEO and president

London, UK. 2 August 2022 — Cohesity, a specialist in data management, announced the appointment of Sanjay Poonen as CEO and president. He will also join the Cohesity board of directors. Poonen was formerly chief operating officer (COO) of VMware and president of SAP. Mohit Aron, who has been CEO since founding the company in 2013, will accelerate Cohesity’s product innovation and roadmap as founder and chief technology and product officer. Aron will continue to lead the company’s research and development (R&D), support and services, as well as the office of the CTO. He will remain on the Cohesity board of directors. (more…)

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August 3, 2022

Posted by: Shriya Raban

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

Nordic Semiconductor to acquire U.S. memory specialist Mobile Semiconductor

Oslo, Norway. 8 July 2022 – Nordic Semiconductor has announces that it has entered into an agreement to acquire Mobile Semiconductor, a privately-held U.S. company specialising in highly optimised embedded memory technology for microcontrollers (MCUs) and Systems-on-Chip (SoCs). (more…)

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July 11, 2022

Posted by: Shriya Raban

Node4 acquires risual to strengthen Microsoft cloud capabilities and UK Public Sector footprint aligning

Derby, England. 6 July 2022 – Cloud-led digital transformation managed services provider (MSP) Node4, has announced the acquisition of risual, an IT managed services and solutions provider and Microsoft Azure Expert MSP employing 170 staff in the UK. As a Microsoft Expert for 17 years, risual has deep solution and service knowledge across Microsoft platforms and a specialist in transforming clients in cloud, business and digital. The terms of the transaction were not disclosed. (more…)

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July 8, 2022

Posted by: Shriya Raban

Viettel enters AI collaboration with NVIDIA

Hanoi, Vietnam – Viettel Group and NVIDIA signed a Memorandum of Understanding (MoU) to establish a strategic partnership on using Artificial Intelligence (AI) to advance Viettel and Vietnam’s technology research and solutions. (more…)

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July 5, 2022

Posted by: Shriya Raban

Advantech introduces COM-HPC module with ultra-powerful AMD EPYCTM Embedded 7003 server processors

Taipei, Taiwan and Munchen, Germany, 30 June 2022 – Advantech, a provider of embedded computing solutions introduced the COM-HPC Server-on-Module with AMD EPYC 7003 Embedded processors at embedded world 2022. With 64 cores, the new COM-HPC Size E Server-on-Modules (200 x 160 mm) provide more than triple the number of available edge server cores compared to any other COM-HPC server module on the market offering edge server engineers an immense performance leap. (more…)

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June 30, 2022

Posted by: Shriya Raban

Renesas partners with Tata to accelerate progress in advanced electronics for India and emerging markets

Tokyo, Japan. 29 June, 2022 ― Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, announced a strategic partnership with Tata Motors Ltd. (TML) and Tejas Networks Ltd. (Tejas), both Tata Group companies, on the design, development and manufacturing of Renesas’ semiconductor solutions for enhancing innovation across electronics systems for the Indian and emerging markets. (more…)

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June 29, 2022

Posted by: Janmesh Chintankar