Japan’s Panasonic Corp (6752.T) is in talks to buy European automotive light maker ZKW Group, accelerating its push into the automotive electronics market, a person familiar with the matter said. The deal could be...
Videotex International partners with Usha Shriram Enterprises to foray into LED televisions
KOLKATA: Television original design manufacturer, Videotex International is partnering with Usha Shriram Enterprises to foray into LED televisions under the Usha Shriram brand. Videotex will look over manufacturing...
Samsung Buys Harman to Remain Ally, Not Threat, to Carmakers
One of the first things Samsung Electronics Co. President Young Sohn said when talking about the South Korean company’s $8 billion deal to buy Harman International Industries Inc. is that the electronics giant has no...
GE buys cloud-based software firm ServiceMax for $915 million
Bengaluru: General Electric Co. (GE) said its software unit bought ServiceMax, a cloud-based provider of software used in inventory and workforce management, for $915 million. GE said the acquisition was part of GE...
Panasonic decides against taking over Slovenia’s Gorenje
Household appliances maker Gorenje (GORE.LJ) said on Thursday that Panasonic (6752.T), which looked at making a bid for the Slovenian company earlier this year, had decided against a takeover deal. “After...
BYPL inks deal with Sensus for advanced metering solution
NEW DELHI: BSES Yamuna Power Ltd (BYPL) has signed an agreement with Sensus, a supplier of smart meters and utility-grade communications systems, for advanced metering infrastructure solution in Delhi service area on...
Infineon buys Dutch firm to control driverless cars
Infineon Technologies AG has acquired Dutch electronics company Innoluce BV, a designer of miniature “lidar” laser-scanning modules that the German chip giant says can help it develop affordable sensor...
Gree Electric Appliances cuts share issue size for assets acquisition plan
Gree Electric Appliances Inc Of Zhuhai * Says it cuts share issue size in asset acquisition proposal to 9.7 billion yuan ($1.45 billion) from 10 billion yuan * Says share trade to resume on Sept 2 Source text in...
Samsung Electronics says to acquire U.S. appliances maker Dacor
South Korean tech giant Samsung Electronics Co Ltd said on Thursday it will acquire U.S.-based luxury appliances maker Dacor Inc, seeking to boost high-end product sales. Samsung said in a statement it will keep...
Samsung Said in Talks to Buy Assets of Fiat Auto-Parts Unit
Samsung Electronics Co. is in advanced talks to buy some or all of the operations of auto-parts maker Magneti Marelli from Fiat Chrysler Automobiles NV, according to people familiar with the matter. Samsung is...
Skullcandy-Incipio merger deal termination fee $6.6 mln
Skullcandy Inc : * Under terms of merger deal amendment with Incipio, termination fee remained 3.5% of transaction value, resulting in termination fee equal to $6.6 million Source text for Eikon: Further company...
Hero Electronix buys TES DST India business
The Hero Group’s new division will focus on supporting design and manufacture of electronic products for global companies. Hero Electronix, a Hero Group company engaged in electronics design and manufacturing, on...
