Technology news you can’t miss this month

Bosch to expand in the US with a €400 million investment: The Bosch Group is expanding in the US. The technology company is planning to invest nearly EUR 400 million in its US operations over the course of the current year.

Siemens acquires Mentor Graphics: Siemens and Mentor Graphics have entered into a merger agreement under which Siemens will acquire Mentor for USD 37.25 per share in cash, which represents an enterprise value of USD 4.5 billion.

Qualcomm and Preh sign wireless electric vehicle charging agreement: Qualcomm and Preh, GmbH, part of the Joyson Electronics Group, have entered into a Wireless Electric Vehicle Charging (WEVC) license agreement.

GoPro to reduce workforce by 15%: The tech company will launch a company-wide restructuring program aiming to reduce its non-GAAP operating expenses and improve efficiency.

Automotive Electronics market trends: The automotive market continues to be a focus end market for Linear Technology. This market has grown to approximately 20% of total sales in the last fiscal year, consistently growing faster than the overall growth of the company.

Whirlpool to establish R&D center in Wroclaw, Poland: The new Global Technology Research Center in Poland will focus on technologies for refrigeration and dishwashing.
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