$12.5 million Capital Raised by Medical Device Manufacturer, NICO Corporation

NICO Corporation, a leader in modern interventional technologies and a medical device provider in Indianapolis has announced that it has completed a capital raise of $12.5 million of Series B. As stated by the company, the funding is raised among present shareholders which would provide resources for their lined-up priority activities including commercialization, new product …

The Arrival of 5G Smartphones is Expected to Push Back Leading Players in the Market

Currently, as market leader, Samsung holds around 20 percent of the worldwide smartphone market, followed by Huawei and Apple at around 14 and 13 per cent respectively during the third quarter of this year. Giants Fall to Technology Transition Earlier, when the telecommunications industry moved from 2G, 3G and to 4G, a number of major …

Fox Network Group and AT&T to Renew the Multi-year Deal

The American multinational telecommunications company AT&T and the television company, Fox Network Group announced the renewal of their multi-year deal which establishes the continuation of distribution of Fox programming across the video platforms of AT&T including DIRECTV NOW, DIRECTV, and AT&T U-verse. The local broadcast stations in 17 cities and regional sports networks owned by …

CSIRO Aims for Artificial Intelligence and Space Technology Advancements with $35M Increase in Funding

The top science and space agency of Australia announced a massive $35 million investment into space technology and artificial intelligence, which is anticipated to act as a significant part of the state run science and space agency’s portfolio for the Future Science Platforms, which was initiated by the organization during 2016. Investment to Develop Solutions …

Nestle To Grab Consumer Nutrition Business of GlaxoSmithKline in India

Some of the biggest consumer companies across the globe have been eyeing on the nutrition business of GlaxoSmithKline and the competition has been intensifying for securing the expensive Horlicks malted drink product of the company. Amongst other products, malt-based drinks are considered as one of the largest health-food drink across India. Nestle is pitted against …

Aquaculture Meets IoT: A Unison That Would Transform the Fish Farming Industry

One of the most-traded food commodities worldwide is, Fish with developing nations exporting the most of fish to the rest of the world. According to representatives and experts from the food industry, the oceans and inland waters exhibit colossal window of opportunity- even more in the coming future- contributing to food security and adequate nutrition …

Environment Concerns and Government Emphasis on Renewable Energy to Drive Solar Invertor Sales

With growing importance being given to alternative energy sources to solve the issue of climate change and rapid development of new technologies in the field, the solar energy sector is gaining high priority in both commercial and residential purposes. New government led initiatives and awareness about the effects of environmental pollution are expected to push …