Tag: M and A

Post announces the next electric delivery van

D Deutsche Post is further expanding its model range of electric vans with the help of American automaker Ford. Thanks to a partnership with the car manufacturer, the Bonn-based company now wants to offer larger vans. Post subsidiary Streetscooter and Ford entered into a partnership to build battery-powered delivery vehicles, Post said Wednesday. Based on… Continue reading Post announces the next electric delivery van

TriLumina Appoints Dr. Gianluca Bacchin as Vice President of Engineering

December 18, 2017, Albuquerque, NM – TriLumina (http://www.trilumina.com) today announced that Gianluca Bacchin, PhD has joined the company as Vice President of Engineering. The addition of Dr. Bacchin brings a leader with extensive industrial-leading experience in VCSEL development to head TriLumina’s VCSEL engineering team. Gianluca has 17 years of semiconductor laser diode experience with the… Continue reading TriLumina Appoints Dr. Gianluca Bacchin as Vice President of Engineering

Mobike-Ofo Merger Unlikely As Alibaba, Tencent Battle For Bike Sharing Dominance

To merge or not to merge? This is a question now beyond the control of the two companies most expected to combine in China at the moment: bike sharing unicorns Mobike and ofo. That is because their respective ultimate backers, Tencent Holdings Ltd. and Alibaba Group, both want to dominate the industry believed to shape… Continue reading Mobike-Ofo Merger Unlikely As Alibaba, Tencent Battle For Bike Sharing Dominance

Aptiv Opens Boston Technology Center

BOSTON, Dec. 12, 2017 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on the development and commercialization of advanced mobility solutions, today announced that it has opened a new technology center in Boston’s Seaport district, expanding the Company’s U.S. engineering footprint and further establishing itself as a leader in the future of mobility.… Continue reading Aptiv Opens Boston Technology Center

Aptiv Announces Dividend

GILLINGHAM, England, Dec. 7, 2017 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a technology company that develops safer, greener and more connected solutions for its global customers, today announced that its Board of Directors declared a quarterly cash dividend of $0.22 per ordinary share, or $0.88 per ordinary share annualized.  The dividend is payable on February 14, 2018, to… Continue reading Aptiv Announces Dividend

Matrix Partners China Reveals Biggest Investment Mistakes And Lessons Learned

Matrix Partners China, a joint venture fund between U.S. venture capital firm Matrix Partners and its Chinese partners, has revealed its biggest investment mistakes and lessons learned since being founded in 2008, offering insights into how even the smartest investors can miss great opportunities. Matrix China and its founding managing partner David Zhang, also known… Continue reading Matrix Partners China Reveals Biggest Investment Mistakes And Lessons Learned

China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates

After years of explosive growth, China’s vast sharing economy is entering consolidation mode. The latest merger news comes from Chinese Uber-like truck logistics leaders Yumanman and Huochebang, both valued at US$1 billion on China Money Network’s China Unicorn Ranking. The deal may herald more mega-mergers in the sharing space due to intense competition and overlapping business… Continue reading China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates

Delphi Closes Acquisition of nuTonomy

BOSTON, Nov. 21, 2017 /PRNewswire/ — Delphi Automotive PLC (NYSE: DLPH), soon to be Aptiv (NYSE: APTV), announced today that it has closed its acquisition of nuTonomy, a leading developer of autonomous driving (AD) software solutions. The addition of nuTonomy further strengthens Aptiv’s position as a technology leader in the global autonomous mobility market. nuTonomy… Continue reading Delphi Closes Acquisition of nuTonomy

FAURECIA SIGNS A JOINT VENTURE WITH BYD FOR SEATING SOLUTIONS

Shanghai (China), October 31, 2017FAURECIA SIGNS A JOINT VENTURE WITH BYDfor seating solutionsOctober 31, 2017, Shenzhen – Faurecia, one of the world’s largest automotive suppliers, today announced its new joint venture with the pioneering Chinese electric vehicle OEM, BYD. The new company, called Shenzhen Faurecia Automotive Parts Co., Ltd. (70% Faurecia – 30% BYD) aims… Continue reading FAURECIA SIGNS A JOINT VENTURE WITH BYD FOR SEATING SOLUTIONS