Daimler invests €500 million in new battery factory in Germany: The new battery factory will produce lithium-ion batteries for hybrid and electric vehicles for the brands Mercedes-Benz and smart.
Cisco’s buying Leaba Semiconductor: In a Cisco blog post, Rob Salvagno – the head of Cisco’s M&A and venture investment team – confirmed Cisco’s intent to acquire the Israeli fabless semiconductor company, Leaba Semiconductor.
Comarch enters technology partnership for M2M and IoT with Nokia: Comarch has forged a technology partnership in the fields of Machine to Machine (M2M) and Internet of Things (IoT) with Nokia.
Canon to make Toshiba Medical Systems a subsidiary: Canon has concluded a share transfer agreement with Toshiba Corporation concerning the acquisition from Toshiba of shares of Toshiba Medical Systems Corporation to make it a Canon subsidiary.
Google puts Boston Dynamics up for sale: The robotics company is not likely to produce any profit, which is why Alphabet – Google’s parent company – has reportedly decided to sell it.