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Blackstone to acquire oil services firm Ulterra in a $700 million deal

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Ulterra is being bought by Blackstone from American Securities, a leading U.S. private equity firm. Blackstone Group, an American multinational corporation has decided to acquire Ulterra Drilling Technologies, a manufacturer of drill bits and downhole tools for the oil and gas industry, for around $700 million. Ulterra has around 8 percent of the global market […]

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ATCO Structures & Logistics opens State-Of-The-Art Manufacturing Plant in Australia

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The latest plant may generate over 150 jobs. ATCO Structures & Logistics, provider of quality modular building solutions, opened a custom-built manufacturing plant and hire yard facility on the Gold Coast, Queensland. The state-of-the-art factory is the latest in a series of new and modern ATCO facilities, including plants in Perth and Santiago, Chile, which

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Facebook appointed Nick Clegg as head of global affairs

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Sir Nick Clegg heads to Silicon Valley: Facebook hires former deputy prime minister to lead its global affairs and communications team. Facebook Inc has hired former U.K. Deputy Prime Minister Nick Clegg to lead its global affairs and communications team, as the social network deals with a number of scandals related to privacy, fake news

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Alloy and Socure partner-up to automate Digital Identity Verification for finance institutions

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Alloy and Socure have enabled Radius Bank to reduce fraud by 50%, manual reviews by 95% and increase new account conversion by 30%. Alloy and Socure officially announced a partnership that enables financial institutions to make real-time digital identity verification decisions with unprecedented speed and accuracy for onboarding new customers. Using the combination of Socure’s

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A fortune 500 company Lenovo teams up with Scale Computing

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Lenovo collaborate with Scale Computing to Solve Edge Infrastructure Challenges for Retailers Lenovo, a technology leader in Intelligent Transformation and Scale Computing, and market leader in intelligent edge solutions announced a global partnership and a new joint product providing a solution for edge infrastructure for global retailers, distributed enterprises and small and medium-sized businesses. Scale

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Samsung boosts its 5G capabilities, acquires Zhilabs

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The acquisition would provide the best possible service to Samsung subscribers. Samsung Electronics announced to acquire Zhilabs, Barcelona based real-time networks analytics startup. Financial details of the deal are yet to disclose. As per the deal, Zhilabs to be wholly owned by Samsung, and will continue to operate independently under its own management. Samsung to

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Schindler introduces its revolutionary robotic system for elevators

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The innovation to overcome on-site safety issues efficiently The Schindler Group announced to debut its breakthrough Robotics Installation System for Elevators (R.I.S.E), paving the way for greater automation and digitalization in the elevator industry. Recently, the innovative technology is been applied to install several elevators in commercial complexes and tall residential buildings in Europe. R.I.S.E

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Penguin Computing has launched Artificial Intelligence Practice

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Penguin computing the full-service consultancy will deliver design expertise, custom-built technology solutions, services, and support to customers deploying AI. Penguin Computing, a subsidiary of SMART Global Holdings, Inc. and leading provider of high-performance computing (HPC), artificial intelligence (AI), enterprise data center, and cloud solutions, announced the formation of the Penguin Computing Artificial Intelligence Practice, a

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A leading Electric Vehicle Charging Services Company Blink Charging Co. Teams up with Google Maps

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Blink Charging Co. enhances its software to work seamlessly with Google Maps and makes it easier than ever to find Blink charging stations in the US. Blink Charging Co. a leading owner, operator, and provider of electric vehicle (EV) charging station products and networked EV charging services, announced that it has teamed up with Google

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Ford unveils new SUV in China to boost up sales in 2019

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The vehicle targets China’s fast-growing second-tier cities. US carmaker Ford Motor Co recently unveiled a new China sport utility vehicle (SUV) and disclosed its plan to come up with new models, which will help turn around dropping sales in the world’s top auto market from the start of the year 2019. The announcement comes days

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Adobe launches Rush CC for Social Video at MAX 2018

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Adobe launched Rush CC for Social Video and Previews of Photoshop CC and Project Gemini on iPad Accelerate Creative Cloud Innovation and Value. Adobe MAX, the Creativity Conference, Adobe announced major updates to Creative Cloud applications including Photoshop CC, Lightroom CC, Illustrator CC, InDesign CC, Premiere Pro CC and Adobe XD. Adobe also introduced Adobe

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Sinequa Partners with IT service provider ITOCHU Techno-Solutions Corporation

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Sinequa collaborates with INTOCHU Techno-solutions Corporation to Deliver Cognitive Search and Analytics Solutions to the Japanese Market. Sinequa, a leader in cognitive search and analytics, announced a partnership with ITOCHU Techno-Solutions Corporation. A total IT service provider with more than 45 years of experience in delivering innovative technologies, to commercialize, deploy and manage the Sinequa

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