Infosys Limited is a renowned global leader in consulting, technology, and outsourcing services. Established in 1981 by a group of entrepreneurs led by NR Narayana Murthy, Infosys has grown to become one of India’s most prominent multinational corporations. With its headquarters in Bangalore, India, the company operates in more than 46 countries and serves clients […]
EQT, through its EQT Infrastructure VI fund, has agreed to acquire a 60% stake in a newly formed entity, which will own and operate the mobile and fixed network infrastructure of Italian telecommunications company Wind Tre. The deal values the new company at €3.4 billion. CK Hutchison, which is the current owner of Wind Tre, […]
Helios Technologies, a provider of motion control and electronic controls technology, has agreed to acquire i3 Product Development, a custom engineering services company, for an undisclosed price. Based in Wisconsin, i3 Product Development with its more than 55 engineers, offers expertise in electronics, industrial, mechanical, embedded and software engineering. Its solutions are used in sectors […]
L&T Technology Services (LTTS) has signed a memorandum of understanding (MOU) with Ansys, a provider of multiphysics engineering simulation software, for setting up the LTTS-Ansys Center of Excellence (CoE) for Digital Twin. The center will assist the Larsen & Toubro subsidiary in demonstrating industrial usage cases, developing innovative solutions for the future, and assisting its […]
Aeris, a US-based Internet of Things (IoT) solutions provider, has wrapped up the previously announced acquisition of Ericsson’s IoT accelerator (IoT-A) and Connected Vehicle Cloud (CVC) businesses and associated assets. The financial terms of the December 2022 announced deal were not disclosed. Ericsson will take a minority stake in the enlarged Aeris. The Swedish telecommunications […]
HCL Technologies (HCLTech) has launched HCLTech Metafinity, the company’s latest digital innovation to help enterprises develop exciting use cases in the metaverse and offer real-time, immersive experiences to their customers. HCLTech Metafinity focuses on industrialized applications for retail, financial services, consumer products, hi-tech manufacturing, telecom, life sciences, and healthcare sectors. It offers domain-specific capabilities using […]
Indian IT giant Infosys has launched the Private 5G-as-a-Service to expedite business value for its enterprise clients around the world Infosys claimed that the Private 5G-as a-Service provides an easy and flexible pay-as-you-go solution for customers. According to the company, its wireless 5G expertise along with its private network management solution ensures low latency, high […]
Tata Consultancy Services (TCS) and Japanese semiconductor manufacturer Renesas Electronics have opened a joint innovation center in Bengaluru and Hyderabad for developing next-generation semiconductor solutions. The parties are planning to work together on digital, radio frequency, and mixed signal design and software development to create innovative next-generation semiconductor solutions that meet the requirements of a […]
ReTo Eco-Solutions said that its subsidiary Yangpu Fangyuyuan United Logistics will form a joint venture (JV) with Hainan Yonghuiju Technology, a Chinese agricultural products logistics company, to develop Internet of Things (IoT) and logistics business. Listed on Nasdaq, ReTo Eco-Solutions via its operating subsidiaries in China, manufactures and distributes eco-friendly construction materials made from mining […]
L&T Technology Services (LTTS) said that it has been selected by Thales to provide 5G-driven next-generation connectivity solutions for urban railways. The Indian pure-play engineering services company will collaborate with Qualcomm Technologies in this connection to deliver advanced solutions to benefit urban railway operators. Ziad Rizk — Thales Urban Rail Signalling Chief Operating Officer said: […]