German automotive parts supplier Continental has agreed to acquire Israeli start-up Argus Cyber Security for an undisclosed amount. Post the acquisition, Argus Cyber Security will be part of Continental’s subsidiary Elektrobit (EB). ...
Tags: automotive parts
UK-based auto-spare parts supplier Delphi Automotive has agreed to acquire self-driving car startup nuTonomy for $450m. The deal includes an upfront price of $400m and an earn-out of $50m. nuTonomy was founded in 2013 by Karl Iagnemma ...
Anheuser-Busch has released a new limited-edition 1933 Repeal Reserve, a Budweiser Amber Lager in celebration of prohibition's repeal. Budweiser 1933 Repeal Reserve is inspired by an amber lager created and brewed by Adolphus Busch that ...
Tags: Budweiser Beer
Sofradir of Palaiseau near Paris, France – a subsidiary of Safran and Thales that makes infrared (IR) detectors for aerospace, defense and commercial markets – says that its detector Tropomi is among the instruments launched on ...
Tags: Sofradir, IR detectors
The Vomela Companies have acquired US-based Tepel Brothers Printing for an undisclosed sum. Based in Troy of Michigan, Tepel Brothers provides customized packaging, lenticular printing, and print on plastics services to the customers. ...
General Motors (GM) has is advancing self-driving vehicle deployment acquired with the purchase of Strobe. Financial details about the deal were not disclosed. As part of the acquisition, Strobe’s engineering team will be ...
Skanem Interlabels India has deployed Esko’s ArtPro and Automation Engine software solutions at its Vasai facility, as part of its digitalization strategy. The company has implemented the software solutions to support a fleet of ...
Feldmuehle Uetersen, a manufacturer of label papers, packaging papers and graphic papers, is restructuring its product portfolio and sales organization to strengthen its market position. As part of the exercise, six product segments of ...
German luxury automaker Daimler, through its brand Mercedes Benz is investing $1bn in Alabama, US plant to produce electric vehicles. The company plans to produce EQ-branded SUV models at MBUSI (Mercedes-Benz U.S. International), its ...
Tags: luxury automaker, Daimler, Electric Vehicles
SPTS Technologies Ltd of Newport, Wales, UK (an Orbotech company that manufactures etch, PVD and CVD wafer processing solutions for the MEMS, advanced packaging, LED, high-speed RF on GaAs, and power management device markets) has won a ...
Komori Europe Corporation and Highcon Systems have entered into a strategic selling agreement, further strengthening the existing Highcon relationship with Komori in Japan and America. Komori Europe is in the process of installing a ...
Tags: Komori Europe, Highcon Systems
Corrugated shipping containers manufacturer Rusken Packaging has acquired Great Southern Industries. Founded in 1962, Great Southern Industries manufactures corrugated containers in its 189,000 square foot facility located in Mississippi. ...
Tags: Corrugated containers, Packaging
American auto-giant Ford and Chinese automaker Anhui Zotye Automobile have signed a memorandum of understanding (MOU) to form a 50: 50 joint venture to develop, produce and market all-electric vehicles (EVs). Electric vehicles produced ...
Tags: Automobile, electrified vehicles
Fiat Chrysler Automobiles (FCA) will join an alliance led by BMW to develop an autonomous driving platform, which can be used by multiple automakers across the world. FCA signed a memorandum of understanding with BMW Group, Intel and ...
Mobileye, a subsidiary of chip-maker Intel, said that it will build a fleet of 100 level 4 SAE vehicles which will be tested across the US, Europe and Israel. The vehicles will be fitted with the technology developed by Mobileye including ...
Tags: Self-Driving Vehicles, Intel