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Schaeffler announces merger with Vitesco, accelerating EV market presence
Both Schaeffler and Vitesco possess similar e-mobility technology portfolios. While Vitesco primarily deals in combustion-engine components, it has recently secured significant orders for its electric-drive division.Read more
SEMIKRON and Danfoss Silicon Power merge to offer power electronic solutions
With an existing workforce of more than 3,500 dedicated power electronic specialists, the new SEMIKRON-Danfoss will provide world-class technology expertise as the leading partner in Power Electronics.Read more
Manav Kapur: M&A deals to rise in Indian auto industry
With start-ups in the electric vehicles (EVs) segment yet to create the perfect EV suitable for all Indian roads and manage scalability, merger and acquisitions (M&As) will rise over the years, says Manav Kapur, Executive Director, Steelbird International.Read more
Thales, Gemalto merger to create global leader in digital security
Thales - the French multinational company that designs and builds electrical systems and provides services for the aerospace, defence, transportation and security markets - and Gemalto, the global leader in digital security, have entered into a merger agreement to create a global market leader in the fast-growing digital security market, supporting the most demanding clients in their digital transformation. Read more
Total corporate funding in global solar sector comes to USD 7.1 bn in first nine months of 2017, reports Mercom Capital Group
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released a new report on funding and merger and acquisition (M&A) activity for the solar sector in the third quarter of 2017 and the first nine months of 2017.Read more
Siemens and Alstom join forces to create a European champion in mobility
Siemens and Alstom have signed a Memorandum of Understanding to combine Siemens’ mobility business including its rail traction drives business with Alstom.Read more
Quaker Chemical merger with Houghton International
Creating a global leader uniquely positioned in metalworking and primary metals platforms with deep expertise across attractive customer segments. Quaker Chemical Corporation (NYSE: KWR) and Houghton International Inc., companies with a combined 250-year history as providers of process fluids, chemical specialties, and technical expertise to the global primary metals and metalworking industries, today announced that they have executed a definitive agreement to combine the companies. Read more
