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Massachusetts-based Brooks Automation has agreed to divest its semiconductor solutions business to private equity firm Thomas H. Lee Partners (THL) for $3bn in an all-cash deal. The semiconductor
German science and technology company Merck said that it will invest over €3bn in innovation and capacities of its electronics business during the next four years. Merck plans
SpaceX has completed its Inspiration4 all-civilian mission of orbiting Earth for three days after the Dragon spacecraft splashed down safely in the Atlantic Ocean off the coast of
Ireland’s Data Protection Commission (DPC) and Garante, the Italian data protection regulator, have raised privacy concerns about the recently launched Facebook’s smart glasses. The two authorities stated that
Hinge Health, a digital clinic for treating chronic musculoskeletal (MSK) conditions, has acquired wrnch, a Canada-based computer vision and deep learning company, for an undisclosed price. Wrnch has
US financial services major Wells Fargo has selected Microsoft Azure and Google Cloud as its public cloud providers as it embarks on a new digital infrastructure strategy. The
French automobile manufacturer Renault plans to make up to 2,000 engineering and support jobs in France redundant as it shifts focus on manufacturing electric vehicles (EVs). The group
Taiwan Semiconductor Manufacturing (TSMC) has set itself a target of achieving net-zero emissions by the year 2050 as part of its efforts to adapt to climate change and
Goldman Sachs has agreed to acquire GreenSky, a US-based fintech platform for home improvement consumer loan originations, for nearly $2.24bn in an all-stock deal. Headquartered in Atlanta, GreenSky
Apna, an Indian professional networking and jobs platform, has entered into the unicorn club by raising $100m in a Series C funding round at a valuation of $1.1bn.
