Tag: M and A

Sidewalk Labs spinoff Coord aims to connect navigation apps, public transit and ride-sharing services

A loading zone in Seattle’s Pioneer Square neighborhood. (Flickr Photo / SDOT) Over the past year, analysts from a Sidewalk Labs spinout called Coord have been playing a game of “would you rather?” with Seattle drivers. Would you rather shoot for rockstar parking downtown, knowing you may have to circle the block a few times, or… Continue reading Sidewalk Labs spinoff Coord aims to connect navigation apps, public transit and ride-sharing services

APAC Dealbook: Grab-Samsung tech collaboration; Indonesia’s OKHOME raises $300k

Grab has partnered with Samsung to improve services for both drivers and passengers, while on-demand home cleaning service OKHOME has received $300,000 in a seed funding round from South Korean venture capital firms. Grab teams up with Samsung Southeast Asia’s ride-hailing company Grab has signed a multi-year MoU with electronics giant Samsung to collaborate on a wide… Continue reading APAC Dealbook: Grab-Samsung tech collaboration; Indonesia’s OKHOME raises $300k

Aptiv Reports 2017 Financial Results, Exceeding Company’s Previous Outlook

GILLINGHAM, England, Feb. 1, 2018 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company enabling the future of mobility, today reported full year 2017 U.S. GAAP earnings from continuing operations of $3.81 per diluted share. Excluding special items, 2017 earnings from continuing operations totaled $4.64 per diluted share. Full Year 2017 Highlights Include: Revenue… Continue reading Aptiv Reports 2017 Financial Results, Exceeding Company’s Previous Outlook

CNH Industrial and Microsoft announce new strategic partnership to redefine the world of connected industrial vehicles

LONDON, Feb. 1, 2018 /PRNewswire/ — CNH Industrial (NYSE: CNHI /MI: CNHI) and Microsoft have today announced a new Digital Transformation project, aimed at empowering customers of CNH Industrial’s global agricultural brands, Case IH and New Holland Agriculture, and its commercial…

SAIC Venture Capital Announces Partnership with Plug and Play

Joining Plug and Play’s Mobility program, SAIC Capital will search for new startups disrupting the industry SUNNYVALE, CA December 7th, 2017 – SAIC Capital , the venture arm of the largest auto company on China’s A-share market, announced today a strategic partnership with Plug and Play, a global startup ecosystem and venture fund specializing in the… Continue reading SAIC Venture Capital Announces Partnership with Plug and Play

Partnership between DELFINGEN Foundation and ESSILOR VISION Foundation

Essilor​ ​Vision​ ​Foundation​ ​and​ ​DELFINGEN​ ​Foundation​ ​join​ ​hands to​ ​bring​ ​good​ ​vision​ ​to​ ​DELFINGEN’s​ ​employees​ ​and​ ​families​ ​in Cebu,​ ​Philippines Essilor Vision Foundation (EVF) Singapore and DELFINGEN Foundation got together for an eye care initiative for DELFINGEN employees and their family members, or by around 600 people. This two-days event was held in Cebu, Philippines… Continue reading Partnership between DELFINGEN Foundation and ESSILOR VISION Foundation

MAHLE Supervisory Board appoints Dr. Jörg Stratmann as the new Chairman of the Management Board and CEO

The 48-year-old industrial engineer becomes the new CEO of the MAHLE Group as of February 1, 2018. Wolf-Henning Scheider leaves MAHLE on January 31, 2018. Succession arrangements and new appointments at the top-level management of the MAHLE Group implemented quickly and sustainably. This quick transition was made much easier because MAHLE had already earmarked Dr.… Continue reading MAHLE Supervisory Board appoints Dr. Jörg Stratmann as the new Chairman of the Management Board and CEO

Google’s Self-Driving Division Is Expanding Its Fleet of Autonomous Vehicle

Striking a Deal Waymo, Alphabet’s autonomous vehicle wing, just struck a legendary deal with Fiat Chrysler Automobiles (FCA): Fiat will supply the self-driving car ride service with thousands of Chrysler Pacifica hybrids for an undisclosed amount of money. These new vehicles will join the 600 Pacificas that are already active in Waymo’s test cities, such as Phoenix, Arizona.… Continue reading Google’s Self-Driving Division Is Expanding Its Fleet of Autonomous Vehicle