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France’s Exxelia acquires 70% stake in Indian magnetic component maker SVM

With this with strategic investment in SVM, Exxelia expands footprint in India and enhances its magnetics offering for medical and adds busbars to its power electronics passive components portfolio.Read more

Hero-owned Tessolve acquires Dream Chip Technologies for Rs 4 billion

This move aligns with India’s Semiconductor Mission launched in late 2022 to bolster the country’s role in this critical industry following the global chip shortages post-COVID-19.Read more

Emerson proposes $15 billion buyout to acquire remaining AspenTech stake

Under the new proposal, Emerson would pay $240 per share in cash, amounting to around $6.53 billion for the stake it does not own.Read more

L&T to acquire 21% stake in E2E Networks in Rs 13.27 billion deal

E2E Networks specialises in CPU and GPU-based cloud computing platforms, leveraging its relationship with NVIDIA to support large-scale general and AI workloads. Read more

Jupiter Wagons shares surge 7% on acquisition of Log9's battery tech assets

The deal includes Log9’s engineering and production teams, as well as its manufacturing facility in Devanahalli, Bangalore.Read more

Freight corridors fuel equitable economic growth across India: Study

The DFC network spans 2,843 kilometers across seven states, with the 1,337-km Eastern DFC fully operational from Ludhiana to Sonnagar, Bihar, and the 1,506-km Western DFC nearly complete, connecting Dadri, Uttar Pradesh, to Mumbai.Read more

Siemens to acquire Altair Engineering for $10 billion

The acquisition is expected to boost Siemens’ digital business revenue by 8%, adding approximately €600 million.Read more

United Grinding Group expands product portfolio through acquisition

The United Grinding Group intends to acquire the GF Machining Solutions Division (GFMS) of Georg Fischer AG (GF), Schaffhausen (Switzerland).Read more

Cyient acquires 27% stake in Azimuth AI to boost semiconductor capabilities

Cyient emphasised that this investment reflects its commitment to driving innovation in the semiconductor industry. Read more

Manufacturers are Driving Down Rising Energy Bills With Acoustic Imaging

Acoustic imaging is helping energy-intensive industries to keep the lights on by driving down operating costs and slashing maintenance expenses, writes Federico de Lucia, FLIR Team Lead of Condition Monitoring Specialist.Read more

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