Lear Corporation, a Michigan-based automotive technology provider, specializing in seating and E-Systems, has acquired Thagora Technology, a Romanian firm which provides material utilization hardware and software technologies. The financial terms of the deal were not disclosed. Mihai Mitrica — Owner of Thagora Technology said: “This transaction provides Thagora with a unique opportunity to maintain the […]
Larsen & Toubro (L&T) said that its Smart World & Communication (SWC) business has entered into a partnership with VMware with an aim to expedite the adoption of digital infrastructure solutions across industries by incubating a VMware Centre of Excellence (COE). According to Larsen & Toubro, the offering of the VMware Centre of Excellence will […]
HCL Technologies, through its fully-owned subsidiary Sankalp Semiconductors Private Limited, will acquire Bengaluru-based Quest Informatics, an aftermarket, Industry 4.0, and Internet of Things (IoT) company, for INR 15 crores in cash. Established in 2000, Quest Informatics operates as an after-market digital transformation company, which caters to the automotive and construction equipment industries in the after-market […]
Tata Consultancy Services (TCS) said that its strategic business unit TCS iON has joined forces with Nettur Technical Training Foundation (NTTF) to launch industry-led skilling programs. Nettur Technical Training Foundation is an Indian technical and vocational education and training institute. The partners will offer high-demand skill development programs across the areas of robotics, manufacturing, automation, […]
Indian telecom giant Bharti Airtel has entered into a partnership with Intel for developing 5G network by making use of vRAN / O-RAN technologies. The partnership is said to be part of the 5G roadmap of Airtel for India with the company transforming its networks. It will enable Airtel customers to benefit from the hyperconnected […]
Mindtree, an Indian technology consultancy company, has signed a deal worth INR 198 crores with Larsen & Toubro (L&T) to acquire the latter’s NxT Digital Business, a cloud-based IoT and AI platform for Industry 4.0. Founded as a startup, NxT Digital Business, is said to have played a key role in extensive applications of IoT […]
Kinta AI, a California-based Industry 4.0 startup, has secured $5.5 million in a Series A funding round led by Lachy Groom’s LGF and Mo Koyfman’s Shine Capital. Founded in 2017, the company deploys artificial intelligence (AI) enabled software and optimized workflow tools to streamline complex factory floor planning and operations. Kinta AI will use the […]