Symbotic to merge with SVF Investment in $5.5bn deal
Symbotic, an artificial intelligence (AI)-enabled technology platform for the supply chain, has agreed to merge with SVF Investment Corp. 3 (SVFC) to become a publicly-traded company with a
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Symbotic, an artificial intelligence (AI)-enabled technology platform for the supply chain, has agreed to merge with SVF Investment Corp. 3 (SVFC) to become a publicly-traded company with a
Indian IT services provider Wipro has selected Oracle Cloud Infrastructure (OCI) to migrate its air cargo application CROAMIS to the cloud to help business upgrade their processes faster
Ford Motor Company in partnership with Salesforce has launched a new subscription software service, VIIZR, for small businesses to enhance their productivity and improve customer services. The new
US-based technology firm Cognizant has agreed to acquire Devbridge, a privately-held software consultancy and product development company, for an undisclosed sum. Established in 2008 and based in Chicago,
US-based IT infrastructure services provider Kyndryl has entered into a global strategic alliance with Microsoft to fast-track the digital transformation across industries. Under the deal, the two companies
Japanese conglomerate Toshiba has unveiled plans to split into three standalone companies to improve shareholder value. The new entities will include Infrastructure Service Co., which consists of Toshiba’s
An investor group of private equity firms Advent International, Permira and other investors has agreed to acquire software security firm McAfee in a deal valued at more than
US-based private equity firm Thoma Bravo has closed the acquisition of QAD, a provider of cloud-based manufacturing and supply chain solutions, for about $2bn in cash. The deal,
Social media giant Facebook has unveiled plans to hire 10,000 people in the European Union over the next five years to help build ‘metaverse’, a virtual reality (VR)
Aruba, a Hewlett Packard Enterprise (HPE) company, has secured a contract to provide network infrastructure to the Birmingham 2022 Commonwealth Games, which will help connect the event’s staff,