Press Releases

AcBel completes acquisition of the Power Conversion division of ABB

AcBel Polytech Inc., has announced the completion of its acquisition of ABB Ltd’s Power Conversion division. The closing of the transaction follows the satisfaction of all conditions precedent, including CFIUS (Committee on Foreign Investment in the United States) clearance. (more…)

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July 7, 2023

Posted by: Janmesh Chintankar

STMicroelectronics reveals FlightSense multi-zone distance sensor with camera-like field of view

STMicroelectronics, a provider of semiconductor, revealed a new FlightSense multi-zone distance sensor with 90° field of view. The optical sensors bring lifelike situational awareness to applications like home automation, domestic appliances, computers, robots, and smart equipment used in stores, factories, and more. (more…)

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Posted by: Janmesh Chintankar

Vodacom, Johannesburg Roads Agency partner to keep traffic lights working during load shedding

Vodacom South Africa (VSA) has partnered with the Johannesburg Roads Agency (JRA) to ensure that traffic signals along major intersections operate during load shedding. This partnership managed by the JRA and facilitated through a service level agreement (SLA) will leverage electricity sourced from Vodacom’s adjacent buildings to power traffic lights. (more…)

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Posted by: Janmesh Chintankar

Renesas, Wolfspeed sign 10-year silicon carbide wafer supply agreement

Renesas Electronics Corporation and Wolfspeed, Inc have announced the execution of a wafer supply agreement and $2 billion (USD) (€1.84 billion) deposit by Renesas to secure a 10 year supply commitment of silicon carbide bare and epitaxial wafers from Wolfspeed. The supply of high-quality silicon carbide wafers from Wolfspeed will pave the way for Renesas to scale production of silicon carbide power semiconductors starting in 2025. The signing ceremony of the agreement was held at Renesas’ headquarters in Tokyo between Hidetoshi Shibata, president and CEO of Renesas, and Gregg Lowe, president and CEO of Wolfspeed. (more…)

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July 6, 2023

Posted by: Shriya Raban

2degrees agrees to purchase MyRepublic broadband customers

2degrees has announced that it is acquiring the broadband customer base of MyRepublic New Zealand as MyRepublic makes its exit from the New Zealand broadband market. (more…)

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Posted by: Janmesh Chintankar

Samotics, PIP partner to scale global adoption of condition monitoring, energy efficiency solutions

Samotics, a provider of real-time actionable insights to eliminate industrial energy waste and unplanned downtime has partnered with Partners in Performance (PIP), a management consulting company. This partnership aims to deliver enhanced condition monitoring and energy efficiency services to global industries, enabling digital transformation and improved performance. (more…)

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Posted by: Janmesh Chintankar

Uswitch, MS3 Networks partner to put low-cost broadband deals on map for Hull residents

MS3 Networks has announced its partnership with Uswitch.com, to showcase the deals of seven internet service providers (ISPs) in the Hull region. (more…)

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Posted by: Janmesh Chintankar

emnify appoints Christopher Ruettgers as new chief product officer

emnify has announced the appointment of Christopher Ruettgers, as its new chief product officer. Ruettgers had a good career at DT IoT, Deutsche Telekom’s global IoT (internet of things) unit, where he also held the positions of chief product officer and chief innovation officer. (more…)

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July 5, 2023

Posted by: Shriya Raban

BT, HPE partner for new global managed LAN service

BT has announced a partnership with HPE (Hewlett Packard Enterprise) to offer customers a new managed service powered by HPE Aruba Networking delivering improved performance, flexibility and control of local area networks (LANs). It combines BT’s global reach and experience in the design, deployment and management of in-building wired and wireless connectivity with the HPE Aruba Networking LAN solutions.

(more…)

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Posted by: Shriya Raban

Semtech adds Hong Q. Hou to its board of directors

Semtech Corporation, a high-performance semiconductor, IoT systems and cloud connectivity service provider, has announced the appointment of Hong Q. Hou to the company’s board of directors. Hou has extensive experience in product and business development as well as operations management having served in numerous leadership roles at technology companies with large global footprints. Hou also will join the compensation committee of the board. (more…)

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July 4, 2023

Posted by: Shriya Raban