Lake Image Systems, a developer of imaging & scanning technologies for printing, labeling & mailing industries, has launched a new website and brand. The refreshed new look mirrors the exciting and engaging direction the company is taking ...
Tags: Lake Image Systems, printing
Delphi Automotive is planning to spin off its Powertrain Systems segment into a new, independent publicly traded company, which will allow it to focus on technology for electrically powered and self-driving vehicles. The transaction is ...
Bosch is planning to divest its subsidiary Robert Bosch Starter Motors Generators, including all subsidiaries, to the purchaser consortium ZMJ (Zhengzhou Coal Mining Machinery Group Co., Ltd.), Zhengzhou, China, and CRCI (China Renaissance ...
Tags: Bosch, Motors, Generators
Lux Global Label has purchased certain assets from Pennsylvania-based global package printing firm National Label for an undisclosed price. Lux Global Label is a newly formed holding company backed by private equity company Resilience ...
Tags: Lux Global, package
Hain Frozen Foods UK, a subsidiary of The Hain Celestial Group, has acquired England-based soup manufacturer The Yorkshire Provender for an undisclosed price. The acquisition is expected to help the US-based Hain Celestial to expand its ...
Tags: Frozen Foods, soup
Middle-market private investment company Highlander Partners has acquired Gimbal Brothers, a manufacturer of gummy vitamins and gourmet jelly beans. Highlander Partners has also formed Bettera Brands to pursue confection and snack ...
Tags: gummy vitamins, beans
Showa Denko (SDK), Showa Aluminum Can (SAC) and Carabao Group have agreed to set up a joint venture (JV) to manufacture and sell aluminum cans in Thailand. The joint corporation is part of CBG’s plan to meet its increasing demands ...
Tags: Showa Denko, Aluminum Cans
Volkswagen has launched a new subsidiary designed to oversee $2bn in investments to promote zero-emission vehicles in the US. The new company, Electrify America, will be based in Reston, Virginia. It will invest in the construction and ...
Tags: Volkswagen, Zero-Emission Vehicles
Honda Motor and Hitachi Automotive Systems have signed a memorandum of understanding (MoU) to establish a joint venture company for developing, manufacturing and selling electric vehicle motors. The two companies now will conduct formal ...
Tags: Honda, Electric Vehicle Motors
Faraday Future, a company that's looking to take on Tesla at the luxury end of the smart car market, has admitted that it had to put building its ambitious $1 billion factory on hold to finance its presence at CES this year. When Faraday ...
Tags: Tesla, Faraday Future
Andy Rubin, one of the founders of Android Inc. before Google purchased the company in 2005, is reportedly gearing up to return to smartphones with a new AI-based handset. According to "people familiar with the matter" cited by Bloomberg, ...
Tags: AI-Based Smartphone, Android
Andy Rubin, the mastermind behind Google’s Android operating system, wants to revolutionise the smartphone industry once again. According to a Bloomberg report, the former Google engineer is close to launching a new company called ...
Volvo Cars and Autoliv have signed a final agreement to set up a new joint venture (JV) for the development of software for autonomous driving and driver assistance systems. The deal is based on the letter of intent announced during fall ...
Tags: Volvo Cars, Autoliv
The European Bank for Reconstruction and Development (EBRD) has agreed to provide €18.5m of loan to Global Beer Georgia (GBG) to construct and operate a greenfield brewery in Georgia. It will be a syndicated loan package which will ...
Volkswagen has launched its own mobility services company, Moia, which will focus primarily on autonomous vehicles. The move will allow the German firm to compete with Uber and Lyft. Moia will connect the car with the new mobility ...
Tags: Volkswagen, Mobility Services