Audi, Indra, Qualcomm launch toll payment project to ease congestion

SUNTRX TEST FACILITY: Indra, Audi of America and Qualcomm Technologies, Inc. are collaborating on a joint project to develop next-generation toll payments using cellular vehicle-to-everything (C-V2X) technology. According to a statement,…

NNR May 29, 2025

Wire

Xiaomi unveils Tesla Model Y competitor YU7 in Beijing showrooms

Xiaomi introduced its latest electric SUV in Beijing on Thursday, marking another step in the smartphone maker's ambitious push into China's competitive auto market. The YU7, positioned as a rival to Tesla's…

NNR May 29, 2025

Wire

MariaDB acquires Codership Oy the developer of Galera Cluster

HELSINKI: MariaDB plc announced Tuesday the acquisition of Finland-based Codership Oy, the developer of Galera Cluster, a high availability database solution known for ensuring uptime, preventing data loss and scaling with database…

NNR May 27, 2025

Wire

Personal finance startup Monarch raises $75 million

SAN FRANCISCO: Monarch, a personal finance startup, has secured $75 million in funding to fuel its rapid subscriber growth following the shutdown of budgeting tool Mint last year. According to reports,…

NNR May 27, 2025

Wire

Salesforce to acquire Informatica in $8 billion deal to boost AI efforts

SAN FRANCISCO: Salesforce announced Tuesday it is buying cloud data management firm Informatica in an $8 billion deal as the enterprise software giant expands its push into artificial intelligence. The acquisition will…

NNR May 27, 2025

Wire

Mayville Engineering Company to acquire Accu-Fab for $140.5 million

Mayville Engineering Company (NYSE: MEC), a leading provider of design and manufacturing solutions, announced Monday it has reached a definitive agreement to acquire Accu-Fab, LLC, a contract metal fabricator, from…

NNR May 27, 2025

Wire

Circus SE acquires AI firm FullyAI to build unified nutrition intelligence layer

FRANKFURT: Circus SE (XETRA: CA1), a global leader in AI robotics for the food service industry, announced Wednesday the successful acquisition of agentic AI company FullyAI, a major step in…

NNR May 21, 2025

Wire

Blackstone to acquire TXNM Energy in $11.5 billion deal

Blackstone Infrastructure has reached an agreement to acquire TXNM Energy, an electric utility holding company, in a deal that values TXNM at $11.5 billion. The acquisition is aimed at accelerating the…

NNR May 20, 2025

Wire

Temenos launches generative AI assistant to accelerate banking product innovation

GENEVA: Temenos (SIX: TEMN), a global leader in banking technology, announced Tuesday the launch of Temenos Product Manager Copilot, a generative AI-powered assistant designed to help banks create, test and…

NNR May 20, 2025

Wire

Vibrint acquires Ampsight to boost federal tech, AI capabilities

STERLING: Defense technology firm Vibrint announced Tuesday it has acquired Ampsight, a provider of multi-cloud engineering, cybersecurity and AI solutions for federal agencies. The deal expands Vibrint’s reach into geospatial…

NNR May 19, 2025

Wire

Qualcomm announces to launch data center processors that link to Nvidia chips

SAN DIEGO: Qualcomm announced Monday that it is developing a custom central processing unit (CPU) for data centers that will integrate with Nvidia’s graphics processing units (GPUs) and software, marking a strategic…

NNR May 19, 2025

Wire

Monexis launches upgraded multi-asset trading platform with personalized strategies

NEW YORK: Monexis has officially unveiled its revamped multi-asset trading platform, offering bespoke strategies, real-time analytics, and 24/7 global support. Built on the principle that "one strategy never fits all,"…

NNR May 18, 2025