Ube Machinery has signed an agreement to acquire 85% equity stake in Mitsubishi Heavy Industries Plastic Technology. The acquisition will allow Ube Machinery to secure Mitsubishi’s worldwide business in injection molding machines. ...
Tags: Ube Machinery, Mitsubishi
Digital printing firm Electronics For Imaging (EFII) has signed an agreement with Netherlands-based DLL Group to finance EFI inkjet printers for signage and graphics, label and packaging, industrial textile and ceramic tile production. ...
A senior US District Court judge for the Northern District of California has granted preliminary approval to a $15bn settlement over Volkswagen's emissions cheating scandal. Judge Charles Breyer granted preliminary approval of the ...
Tags: Volkswagen, vehicles, TDI engine
SEAT and Conector have joined forces to launch a specialised startup accelerator in the automotive industry and mobility. SEAT Accelerator by Conector will promote five startups in its initial acceleration programme, with offices in the ...
The University of Glasgow in Scotland, UK has signed a partnership agreement with a state-owned enterprise company in China to develop an international optoelectronics industry base in the Lingang area of Shanghai. Earlier this year, a ...
Tags: Optoelectronics Industry, MoU
Biscuit producer Arnott's has lodged Federal Court action against ice cream manufacturer Streets, owned by Unilever, in an attempt to block the sale of its mint slice ice cream. The two companies had previously engaged in deals to ...
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has announced a strategic agreement with global technology distributor Avnet Inc that expands coverage in the Americas for the distribution of Cree's portfolio of LED ...
Tags: Cree, LED Components, LED chip
Infineon Technologies AG of Munich, Germany has entered into a definitive agreement to acquire the Wolfspeed Power & RF division of Cree Inc of Durham, NC, USA for $850m in cash (about €740m). The deal also includes the related silicon ...
For fiscal third-quarter 2016 (to end-May), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.38m (slightly below the expected $2.4-3m), down 18% on $2.92m last quarter and down 47% on $3.5m a year ...
Finland-based food company Raisio has signed an agreement to sell UK snack bar business, Halo Foods, to Dutch investor Nimbus. Halo Foods, a manufacturer of its partners’ branded products, became part of Raisio through the Glisten ...
India’s Amul dairy brand maker Gujarat Cooperative Milk Marketing Federation (GCMMF) has partnered with Ahmedabad-based e-commerce solution provider firm to sell its products through an online portal and mobile app. Amul, the ...
Chinese fruit exporter Golden Wing Mau Agricultural Produce has acquired 19.99% stake in New Zealand fruit and vegetable group Turners & Growers (T&G) Global. Golden Wing Mau paid NZD2.95 a share to purchase 13.16 million shares from ...
Tags: fruit, Golden Wing Mau
The US Army Research Laboratory (ARL) has entered into a collaborative alliance via a $1.1m grant with Raytheon Company of Waltham, MA, USA to develop Scalable, Agile, Multimode, Front End Technology (SAMFET) for the Army's Next Generation ...
Tags: ARL, next-generation radar systems
Specialty foundry TowerJazz (which has fabrication plants at Tower Semiconductor Ltd in Migdal Haemek, Israel, and at its US subsidiaries Jazz Semiconductor Inc in Newport Beach, CA and TowerJazz Texas Inc in San Antonio, TX, and at ...
With the re-grouping of teams from III-V Lab (the joint Alcatel-Lucent, Thales and CEA-Leti industrial research laboratory), Almae Technologies SAS is taking over III-V Lab's facilities at Marcoussis, which is sited on the Plateau de Saclay ...
Tags: CEA-Leti, III-V Lab, laser components