All articles by Kuldeep Jha
Kuldeep Jha
Emerson Electric makes bid to acquire full stake in AspenTech
The company’s $240-per-share cash offer for the remaining stake in AspenTech would total around $6.53bn, according to Reuters.
Perplexity AI nears $500m funding at $9bn valuation
The California-based AI search engine startup is set to receive the new investment led by IVP.
IBM, Siemens partner to fast-track sustainable product development and operations
The engineering software will link domains such as mechanical, electronics, electrical and software engineering.
Cybersecurity start-up Safe Security rakes in $50m in Series B round
Sorenson Capital led the round, which was also joined by the company’s existing investors.
PUBG maker Krafton to establish JV for metaverse business with Naver Z
Krafton will own an 85% stake in the JV and Naver Z the remaining 15%.
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FREYR Battery partners Siemens to boost production at gigafactories
The Luxembourg-based company will use the Siemens technology to design and operate the planned gigafactories.
Cedars-Sinai partners Axiom Space to grow stem cells in space
Researchers will examine whether microgravity in space can make it easier to produce stem cells.
On-orbit satellite refueller Orbit Fab garners over $28m in Series A round
Orbit Fab revealed that it has almost doubled its team over the last year and opened an office in the UK.
Bing may replace Google as default search engine on Samsung’s devices
Samsung’s decision could cost Google approximately $3bn in annual revenues.
BAE Systems and Microsoft partner to offer cloud tech for defence sector
The companies aim to cut the time taken to develop, deploy and manage digital defence capabilities.