Infosys and Polestar join forces to launch technology hub in Bengaluru

Infosys and Polestar join forces to launch technology hub in Bengaluru

In a groundbreaking move that underscores the growing synergy between technology and the automotive industry, Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, has officially announced a strategic collaboration with Polestar (Nasdaq: PSNY), the Swedish electric performance car brand. This partnership marks a significant step toward enhancing Polestar’s capabilities […]

GitLab stock surges on robust earnings and strong full-year outlook amid M&A rumors

GitLab stock surges on robust earnings and strong full-year outlook amid M&A rumors

GitLab Inc., a prominent player in the software development industry known for its innovative DevOps platform, experienced a significant surge in its stock price, climbing more than 15% in after-hours trading. This spike followed the release of an optimistic full-year forecast and a strong second-quarter earnings report. GitLab’s platform, which integrates advanced artificial intelligence and […]

Codeium hits Unicorn status with $150m Series C round: What this means for the future of AI coding platforms

Codeium hits Unicorn status with $150m Series C round: What this means for the future of AI coding platforms

Codeium, the innovative AI-powered coding platform, has reached a significant milestone with its recent $150 million Series C funding round. This latest investment pushes the company’s valuation to an impressive $1.25 billion, officially marking its status as a Unicorn. The round was spearheaded by General Catalyst, with continued backing from established investors Kleiner Perkins and […]

Nidec’s bold move: Strategic partnership with Tata Elxsi to transform software development

Nidec’s bold move: Strategic partnership with Tata Elxsi to transform software development

Nidec Corporation (TSE: 6594; OTC US: NJDCY), a leading global motor manufacturer, has announced a significant strategic move by signing a memorandum of understanding (MOU) with Tata Elxsi Ltd. Tata Elxsi, a prominent Tata Group company known for its design and technology services, will collaborate with Nidec to enhance the latter’s software development capabilities. This […]

HCLTech expands alliance with Google Cloud to drive GenAI solutions in key industries

HCLTech expands alliance with Google Cloud to drive GenAI solutions in key industries

HCLTech, a global leader in technology services, has announced a significant expansion of its strategic alliance with Google Cloud, focusing on the development and implementation of industry-specific solutions powered by Gemini, HCLTech’s multimodal large language AI model. This collaboration aims to deliver high-value business solutions, with an initial emphasis on enhancing GenAI capabilities for clients […]

Cognizant and Google Cloud forge ahead to boost software development with AI

Cognizant and Google Cloud forge ahead to boost software development with AI

In a significant step forward for the software development industry, Cognizant (NASDAQ: CTSH) and Google Cloud unveiled an expansion of their strategic partnership. This collaboration is set to revolutionize the software delivery lifecycle and significantly boost developer productivity through the adoption of Gemini for Google Cloud. This initiative involves two primary components: training Cognizant associates […]

Francisco Partners to acquire Jama Software for $1.2bn to fuel expansion

Francisco Partners to acquire Jama Software for $1.2bn to fuel expansion

In a landmark move within the software industry, Jama Software, a leader in requirements management and traceability solutions, has announced a definitive agreement under which Francisco Partners will acquire the company. The transaction, valued at $1.2 billion, will see Jama Software transition from its current shareholders, including Insight Partners and Madrona Ventures, to new ownership […]

Avion Solutions acquires Synectic Research & Analysis to expand in aerospace and defense

Avion Solutions acquires Synectic Research & Analysis to expand in aerospace and defense

Avion Solutions, a renowned leader in aerospace engineering, airworthiness, and integrated product support, has announced its strategic acquisition of Synectic Research & Analysis, Inc. (SRA), significantly enhancing its domain expertise and customer base in the aerospace and defense sectors. This move not only strengthens Avion Solutions’ position in the market but also broadens its capabilities […]