Bosch acquires US chipmaker TSI Semiconductors for USD 1.5 billion

Bosch acquires US chipmaker TSI Semiconductors for USD 1.5 billion

[ad_1] Stuttgart: German conglomerate Bosch on Wednesday said it is acquiring US chipmaker TSI Semiconductors for $1.5 billion and converting its manufacturing facilities to state-of-the-art processes. With the planned acquisition, Bosch will significantly expand its global portfolio of silicon carbide (SiC) semiconductors by the end of 2030. Starting in 2026, the first chips will be…

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Zoom acquires employee communications platform Workvivo

Zoom acquires employee communications platform Workvivo

[ad_1] New Delhi: Video-based communications app Zoom has announced it is acquiring Irish employee communications platform Workvivo for an undisclosed sum. Founded in 2017, Workvivo provides a feature-rich employee experience platform, combining advanced internal communication and engagement tools, a social intranet, and an employee app, all blended into one central hub, forming the heart of…

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Adani Ports acquires Karaikal Port

Adani Ports acquires Karaikal Port

[ad_1] Chennai: The Adani group gained a further foothold in the port sector on the eastern coast by acquiring the all-weather deep water Karaikal Port owner Karaikal Port Private Ltd. The Karaikal Port was acquired by Adani Ports and Special Economic Zone Limited (APSEZ) by submitting a resolution plan which was approved by the Committee…

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Snap acquires Th3rd that creates digital 3D counterparts of people, products

Snap acquires Th3rd that creates digital 3D counterparts of people, products

[ad_1] San Francisco: Snap, the parent company of Snapchat, has quietly acquired 3D-scanning studio called Th3rd for an undisclosed sum. A company spokesperson told TechCrunch that four team members from Netherlands-based Th3rd have joined Snap as part of the acquisition. According to Th3rd’s website, it creates digital 3D counterparts of people or products. “These high-resolution…

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Dr. Reddy’s acquires Mayne Pharma’s US prescription portfolio for $105 mn

Dr. Reddy’s acquires Mayne Pharma’s US prescription portfolio for $105 mn

[ad_1] Chennai: Indian pharma major, Dr. Reddy’s Laboratories Ltd, through its subsidiary has inked an agreement to acquire the US generic prescription product portfolio of the Australia-based, Mayne Pharma Group Limited, for consideration of about $105 million. According to Dr. Reddy’s, $90 million will be paid upfront in cash and there will be contingent payments…

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