Industry News

CUI Global, Inc., today announced that its wholly-owned subsidiary, CUI Inc, has entered into an agreement to be the exclusive third party hardware design and development provider for Virtual Power Systems, a cutting edge Software Defined Power ® company. This agreement further expands the previously announced limited exclusivity agreement for hardware development with VPS as the companies will continue to partner in setting a new..."/>
CUI Global's Wholly-owned Subsidiary, CUI Inc., Expands Agreement as the Exclusive Hardware Design Partner for Virtual Power Systems
DigitalTown, Inc. today announced that it has acquired Government Technology assets of SoftwareMasters. SoftwareMasters Founder and CEO, Ken Jensen, has joined DigitalTown as Director, Product Management and will lead the DigitalTown product team responsible for City Management Software. DigitalTown is a leading provider of software solutions that turn any city into a Smart City."/>
DigitalTown Announces Acquisition of SoftwareMasters
Huaxintong Semiconductor Licenses ARMv8-A Architecture
SAP SE announced the signing of a co-innovation agreement with APWorks, a subsidiary of Airbus Defence and Space GmbH, which aims to accelerate the adoption and standardization of industrial 3 D printing initiatives for the aerospace and defense industry. This announcement was made at the Farnborough International Airshow being held July 11– 17 in Hampshire, England. APWorks plans to use the 3 D printing services recently announced by SAP to..."/>
SAP Collaborates with APWorks to Accelerate and Remaster the On-Demand Industrial 3D Printing Process
SYNNEX Corp. for $420 million, SYNNEX said on Monday. SYNNEX, a Fortune 500 corporation, will integrate Minacs into its wholly-owned subsidiary Concentrix. SYNNEX is a leading business process services company, optimizing supply chains and providing outsourced..."/>
BPO firm Minacs sold to US-based SYNNEX [Mint, New Delhi]
BioSolar, Inc., a developer of breakthrough energy storage technology and materials, today shared recent media articles detailing the Company's approach to increasing capacity and reducing costs of lithium ion batteries, the predominant storage devices used by electric vehicles, personal electronics, and many other commercial and consumer applications. In a recent contributed byline entitled " Improving Lithium Ion Battery for Future Energy..."/>
BioSolar Recognized for Its Efforts to Increase Capacity and Reduce Cost of Lithium-Ion Batteries
Accenture has opened an Accenture Digital Hub in Tokyo, Japan to support the digital transformation of clients by helping them embrace open innovation. The Hub brings together the digital transformation expertise and knowledge of Accenture's global professionals with innovative, enterprise-relevant technologies and ideas from startups, creators, and others in the ecosystem including accelerators, venture capitalists, university researchers, and corporate..."/>
Accenture Launches Accenture Digital Hub in Japan to Help Clients Drive Digital Transformation; New space facilitates open innovation by gathering internal and external talent, technologies and ideas
Juniper Networks, an industry leader in automated, scalable and secure networks, today announced that eBay Classifieds Group, an innovative leader in online classified advertisements with twelve brands around the globe, has deployed Juniper Networks ® Contrail Networking to build automated and highly scalable virtual overlay networks, enabling its customers to easily buy, sell, trade and connect. Juniper Networks QFX Series switches have been..."/>
EBay Classifieds Group Connects Buyers and Sellers With Juniper Networks Contrail
United Technologies Corp. company, and IBM today announced that Pratt& Whitney will move its enterprise systems, including engineering and manufacturing, to a fully managed and supported environment on the IBM Cloud infrastructure. Due to the market success of its broad portfolio of commercial and military engines, Pratt& Whitney is expected to more than double engine production by 2020."/>
Pratt & Whitney Moves to the IBM Cloud to Manage Expected Growth
Nano Dimension, a leader in the field of 3 D Printed Electronics will speak in the Advanced Manufacturing Forum at SEMICON West 2016 on Thursday, July 14. Fried will present "3 D Printing: A New Dimension in Electronics Prototyping& Manufacturing." The presentation will cover various aspects of 3 D printed electronics, including material science and formulation, functional advantages,..."/>
Nano Dimension CBO Simon Fried to be Featured at SEMICON West 2016
Accenture has opened an Accenture Digital Hub in Tokyo, Japan to support the digital transformation of clients by helping them embrace open innovation. The Hub brings together the digital transformation expertise and knowledge of Accenture’ s global professionals with innovative, enterprise-relevant technologies and ideas from startups, creators, and others..."/>
Accenture Launches Accenture Digital Hub in Japan to Help Clients Drive Digital Transformation
Fujitsu Limited and Cloud Lending Solutions today announced that they have signed a Memorandum of Understanding agreeing to a strategic partnership to provide banks and other financial services organizations around the world the cloud-based, end-to-end lending and leasing platform- a fintech solution- developed by Cloud Lending Solutions. The partners will deliver leading-edge fintech solutions to existing Salesforce.com enterprise customers..."/>
Fujitsu and Cloud Lending Solutions to Deliver New Fintech Solutions to Financial Institutions in Japan and Asia Pacific
Allot Communications Ltd. is laying off 30 employees, representing 6% of its workforce. At the end of 2015, the Israeli communications equipment manufacturer has 517 employees, 330 of them in Israel. Led by CEO Andrei Elefant, the company's share price has fallen 16.3% since the start of 2016, giving a market cap of $164 million."/>
Allot Communications lays off 30 [Globes, Tel Aviv, Israel]
Mckesson, the Baltimore schools administrator and Black Lives Matter activist arrested during a protest in Baton Rouge, said Monday he is free to leave the state of Louisiana after the conditions of his bail were modified. Mckesson, 31, who is the chief of human capital for the city school system, was among more than 100 arrested in Baton Rouge over the weekend amid nationwide protests against police violence. He had been barred from leaving Louisiana..."/>
DeRay Mckesson free to return to Maryland, lawyer says [The Baltimore Sun]
Accenture Federal Services, a Virginia subsidiary of the global professional services firm Accenture, opened a technology-focused innovation center Monday in Woodlawn that will more than double its workforce to 300 people in the coming years. The Innovation Center for Technology will focus on information technology work for Accenture's federal clients, including Woodlawn-based Social Security Administration and the Centers for Medicare and Medicaid..."/>
Accenture Federal Services will double workforce as it opens innovation center in Woodlawn [The Baltimore Sun]

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