Regal Rexnord, a US-based electric motors and power transmission components manufacturer, has agreed to acquire Altra Industrial Motion, in an all-cash transaction valued at $4.95 billion. Based in Braintree, Massachusetts, Altra Industrial Motion designs and manufactures engineered motion control, automation, and power transmission solutions. Under the terms of the deal, shareholders of the NASDAQ-listed Altra […]
Infosys has partnered with CIRCOR International, a US-based industrial valve manufacturing company, to transform the latter’s IT landscape and renovate its IT infrastructure. The Indian information technology company will transform CIRCOR’s IT infrastructure, service desk, and user support applications by deploying service level agreement (SLA) based managed IT services. The collaboration will also improve processes, […]
Birlasoft, a global enterprise digital and IT services company, has entered into an agreement with Coursera, an online learning platform, to further improve the established technical skills of its employees. This employee development initiative is expected to help over 12,500 employees of Birlasoft to further improve their established technical skills and broaden their knowledge base. […]
Tata Power said that its fully-owned subsidiary Tata Power Trading Company Limited (TPTCL) has entered into a partnership with 75F Smart Innovations India to co-promote building automation and energy efficiency solutions in the commercial building segment. The two parties will target industry verticals such as IT/ITeS, healthcare, BFSI hospitality, education, retail, and government. 75F Smart […]
Datamatics Global Services, an Indian IT consulting company, has forged a partnership with Scan-Optics, an intelligent data management and digital transformation firm, to assist organizations to enhance the automation of business operations. Scan-Optics is engaged in digitizing, classifying, and migrating data and owning digital data’s lifecycle. On the other hand, Datamatics is said to bring […]
American multinational retailer Walmart has signed an agreement to acquire e-grocery fulfillment automation solutions provider Alert Innovation for an undisclosed price. Specializing in robotic e-grocery fulfillment, Alert Innovation provides solutions that are aimed at transforming how retailers operate and people shop. The robotic e-grocery fulfillment company has been a partner of Walmart since 2016, providing […]
L&T Technology Services (LTTS), a subsidiary of Larsen & Toubro, has announced a partnership with Qualcomm Technologies to provide solutions for the global 5G private network industry. Under the collaboration, L&T Technology Services and Qualcomm Technologies will deploy end-to-end solutions by leveraging their combined core expertise in the hi-tech and telecommunication domain. The partners will […]
Tata Consultancy Services (TCS) said that it has been made the exclusive strategic IT partner by Zurich Insurance Germany (Zurich Germany) for its life insurance IT landscape. The Indian IT company has been partnering Zurich Insurance Germany since 2016. It is said to have been closely working to deliver major business initiatives in general insurance, […]
Indian IT services provider Infosys said that it has inaugurated a new digital hub in Canada, called the Infosys Digital Centre in Calgary, Alberta. Infosys also claimed to open up 1,000 jobs in Calgary over the next couple of years. This is said to be twice what the Indian IT firm had committed when it […]
Accenture has been roped in by India-based Cyient to enhance and reinvent its business operations using digital technologies like artificial intelligence (AI) and robotic process automation. The Dublin-based professional services company is said to be redesigning Cyient’s finance, accounting, information technology (IT), and human resources processes in addition to deploying an AI-based digital platform that […]