PARIS, Nov 8 (Reuters) – Renault (RENA.PA) and Google (GOOGL.O) said on Tuesday that they are expanding their partnership in software services for future Renault vehicles, adding that Google will become the preferred cloud supplier to the French automaker. The partnership with Google will also help Renault accelerate its “end-to-end digital transformation, from the design… Continue reading Gallery
Tag: M and A
Google and Renault are working on a ‘software-defined vehicle’
/ The companies will collaborate on a software platform, including the creation of a Digital Twin to test out advanced AI features virtually. Photo by Eric Piermont / AFP via Getty Images Google and the Renault Group are expanding their four-year-old partnership to include the development of an advanced software platform for future vehicles. This… Continue reading Google and Renault are working on a ‘software-defined vehicle’
Renault and Geely to set up new global company for next-gen powertrains
Geely Holding Group (Geely Holding), Geely Automobile Holdings and the Renault Group have signed a non-binding framework agreement to create a new global leader to develop, manufacture and supply best-in-class hybrid powertrains and highly efficient internal combustion powertrains (ICE). On completion, the new company will be a standalone global supplier of complete ICE solutions, producing next-generation hybrid propulsion systems and… Continue reading Renault and Geely to set up new global company for next-gen powertrains
Krypt en Novigo bundelen hun krachten en brengen hun toonaangevende expertise op vlak van wereldwijde handel en digitale toeleveringsketens onder in de gecombineerde entiteit ArchLynk
BOSTON, 8 november 2022 /PRNewswire/ — NOVIGO en Krypt, beide wereldwijd marktleider in SAP Transportation Management en Global Trade, fuseren tot wereldleider ArchLynk, die klanten end-to-end SAP Digital Supply Chain-oplossingen biedt. BV Investment Partners, een in Boston gevestigde participatiemaatschappij, is de financiële sponsor die de fusie ondersteunt. Door de ongeëvenaarde expertise van Krypt en Novigo… Continue reading Krypt en Novigo bundelen hun krachten en brengen hun toonaangevende expertise op vlak van wereldwijde handel en digitale toeleveringsketens onder in de gecombineerde entiteit ArchLynk
Blibli’s shares recover after opening below their IPO price on listing dayShares of the company opened at 440 rupiah apiece, lower than the IPO price …
PT Global Digital Niaga Tbk — the entity that owns e-commerce player Blibli, online travel agency Tiket.com, and supermarket chain Ranch Market — listed on the Indonesia Stock Exchange (IDX) on Tuesday. Shares of the company, which started trading under the ticker BELI, opened at 440 rupiah apiece, lower than the IPO price of 450 rupiah… Continue reading Blibli’s shares recover after opening below their IPO price on listing dayShares of the company opened at 440 rupiah apiece, lower than the IPO price …
Indonesia’s newly launched Kopital Network looks to connect angels with startup founders
An angel investor network of startup founders and executives, seeking to help new Indonesian founders with funding and expert advice, has launched in Indonesia. Called Kopital Network, the entity will function independently, James Prananto, co-founder of Kenangan Brands, the Indonesian New Retail F&B group behind Kopi Kenangan, told DealStreetAsia. While Prananto is an angel investor… Continue reading Indonesia’s newly launched Kopital Network looks to connect angels with startup founders
Data Vantage: Speedoc, Sunbird Bio, Nuevocor, Fonos and Mindtera bag funding
Digital health platform Speedoc secured $13 million in new funding from investors, including Vertex Ventures Southeast Asia & India, last week. The lead investor in the Series A2 funding was Erste WV Gütersloh GmbH, a subsidiary of German conglomerate Bertelsmann. The startup’s share price in the latest round is more than twice that in its last financing… Continue reading Data Vantage: Speedoc, Sunbird Bio, Nuevocor, Fonos and Mindtera bag funding
Gallery
BEIJING, Nov 8 (Reuters) – Renault SA (RENA.PA) and China’s Geely have agreed to launch a new, equally held joint-venture that will supply gasoline engines and hybrid technology to the brands they own and other automakers, the two companies said in a statement. The joint-venture will employ 19,000 people at 17 powertrain factories and three… Continue reading Gallery
Asia-focused SPAC AlphaVest Acquisition files for $60m IPO in the US
AlphaVest Acquisition, a special purpose acquisition company (SPAC) that targets businesses in Asia, has filed with the US Securities and Exchange Commission (SEC) to raise up to $60 million in an initial public offering (IPO). The blank cheque company, led by executives of Shenzhen Guoxing Capital and V-Stone Capital, is offering 6 million units at… Continue reading Asia-focused SPAC AlphaVest Acquisition files for $60m IPO in the US
Avcorp Completes Plan of Arrangement with Latécoère S.A.
VANCOUVER, BC, Nov. 7, 2022 /PRNewswire/ – Avcorp Industries Inc. (TSX: AVP) (the “Company” or “Avcorp”) is pleased to announce the successful completion of the previously announced plan of arrangement under the Canada Business Corporations Act (the “Arrangement”) between Avcorp and Albatross Bidco Inc. (the “Purchaser”), a wholly-owned subsidiary of Latécoère S.A. Under the Arrangement, the… Continue reading Avcorp Completes Plan of Arrangement with Latécoère S.A.