Dell Technologies and Intel are bringing advanced artificial intelligence (AI) education to the Lords Institute of Engineering & Technology, Telangana through a significant partnership. In an effort to fill the digital skills gap and better prepare students for the industry, the two tech giants have embedded Intel’s ‘AI for Youth’ program within the existing curriculum. […]
Microsoft acquisition of Nuance Communications : Tech giant Microsoft has signed an all-cash deal worth $56 per share or $19.7 billion to acquire Nuance Communications, a cloud and AI software company. The consideration is inclusive of Nuance Communications’ net debt. Microsoft said that the acquisition expedites its industry cloud strategy for the healthcare sector. The […]
Injazat, a UAE-based IT company, has agreed to form a joint venture (JV) with oil rig construction firm Lamprell for creating and marketing digital solutions focusing mainly on the renewables and oil and gas sectors. The 50:50 joint venture will be backed with initial funding of $7 million. It will be registered inside the Abu […]
Rockley Photonics SPAC merger : Rockley Photonics, a supplier of silicon photonic chips and modules, has agreed to merge with SC Health, a special purpose acquisition company (SPAC), in a deal that values the former at $1.2 billion. The merger will enable Rockley Photonics to become a publicly traded company on the New York Stock […]
Web hosting company GoDaddy has completed its previously announced acquisition of payments processing company Poynt in a deal worth about $345 million. GoDaddy said that the acquisition will expand its commerce services to help in the growth of small businesses, both online and offline, through a single platform. The deal was signed in December 2020. […]
Indian IT company Wipro has signed a digital and IT partnership deal worth up to $1 billion with German food service distribution company METRO AG. As a part of the deal, Wipro will take over the IT units of METRO AG, which include METRO-NOM GMBH in Germany and METRO Systems Romania. Through the partnership, 1,300 […]
Indian IT company HCL Technologies has forayed into Vietnam by establishing a subsidiary called HCL Vietnam Company with operations based at the capital city Hanoi. HCL Vietnam will provide technology solutions to its client base across the world, spanning various industries and verticals, which include banking and financial services, infrastructure, engineering, healthcare, and cybersecurity. In […]
El Paso Water (EPWater), a municipal utility in Texas, has selected Infosys as its partner in transforming its legacy customer information systems (CIS) with Oracle Utilities Customer to Meter (C2M). Infosys said that it will make use of its Preconfigured Accelerator for Customer Experience (PACE) for digitizing the customer engagement and billing platforms of El […]
Indian IT company Tech Mahindra and German software company SAP have expanded their partnership to provide Intelligent Enterprise for customers across the world. Tech Mahindra said that it has become a global strategic service partner of SAP, joining a select group of consultancies working with the German firm. The parties expect to tap into their […]
Indian private lender RBL Bank will use the Infosys Finacle digital banking solution suite to migrate from an on-premise deployment to a modern cloud native computing foundation (CNCF) certified, Kubernetes managed, containerized ecosystem. Infosys Finacle is a part of EdgeVerve Systems, which is a fully-owned subsidiary of Infosys. According to Infosys, the migration will enable […]