USA > Canada based Maple Leaf Foods is set to acquire USA based Field Roast Grain Meat Co. for $120 million plus related costs

Maple leaf foods logo Field Roast Grain Meat, a leading premium grain- based meat and vegan cheese products company, is to be acquired by Maple Leaf foods for $120 million plus related costs. Field Roast Grain Meat has sales of approximately $38 million and the transaction was expected to be closed at the end of 2017 subject to customary regulations and transaction conditions. Maple More …

USA > India based Infosys partners with the State of Rhode Island to establish a Infosys Design and Innovation Hub

Infosys logo A global leader in consulting, technology and next generation services, Infosys has announced a multi- year partnership with the State of Rhode Island to establish an Infosys Design and Innovation Hub that will hire 500 American workers in Rhode Island over the next five years. According to Ravi Kumar, President, Infosys: “Today’s partnership with Rhode Island marks another important step More …

USA > India based Mahindra Group has opened a new North American HQ and manufacturing in Southeast Michigan investing $230 million

Mahindra logo Mahindra Automotive North America (MANA), a subsidiary of Mahindra Group, has opened a new North American HQ and manufacturing operation in Southeast Michigan which is the first new OEM facility in over 25 years. The $230 million investment in Southeast Michigan includes a recently opened warehouse and logistics operations in Pontiac and an existing prototype operation in Troy. In the More …

USA > Belgium based BICS acquires US based TeleSign for $230 million

bics logo Global provider of international wholesale connectivity and interoperability services, BICS has announced that it has closed the acquisition of TeleSign, a US based CPaaS company, for $230 million. The acquisition creates the world’s first end- to- end CPaaS provider augmenting one of the world’s largest global carriers with the market leading TeleSign cloud communications platform. TeleSign will continue as a More …

USA > US based Agena Bioscience and Germany based Molecular Health partner for MassArray Interpretation

agena bioscience Agena Bioscience and Molecular Health have entered into strategic partnership , even though specific terms of the agreement were not disclosed, it is known that Molecular Health will use its MH guide analysis platform to interpret Agena’s MassArray system raw generated data. The firm plan to cooperate and collaborate with their respective customer bases under the partnership and is part More …

USA > BYTON’s North American headquarters is fully operational in Silicon Valley, USA

byton logo In its effort to establish a global presence, BYTON’s North American headquarters become fully operational. BYTON’s North American headquarters covers an area of 80,000 square feet and employs more than 120 employees. It plans to add another 200 jobs next year. According to BYTON CEO & Co-Founder Dr. Carsten Breitfeld “BYTON’s idea of marrying the automotive industry with digital technology is More …

USA > Germany based Siemens and Chromalloy to create JV headquartered in Hillsborough County, Tampa, USA investing $139 million

Siemens logo Advanced Airfoil Components, the new joint venture of Germany based Siemens and Chromalloy Gas Turbine Corporation, is essentially a manufacturing facility for producing components that will maximize gas turbine performance. The joint venture is set to create 350 new jobs that will mostly comprise of a range of skilled positions such as technical engineers, manufacturing technicians and production workers. The More …

USA > Japan based SoftBank buys Boston Dynamics from Google

Boston Dynamics logo Boston Dynamics, a Google owned robotic company, has finally been sold to SoftBank for an undisclosed price after being on sale for over a year. Boston Dynamics is famous for making robots such as human like Atlas; animal based BigDog, Spot and Wildcat, a jumping Sand Flea and Handle. The deal also included less known robotics company called Schaft that More …