New Product Development
Cox Automotive is all set to reinvigorate its UK network of Manheim auction centers, which will include fewer yet bigger sites to foster the surging sales volume online. At present, the company owns 16 discrete physical sites, which is anticipated to shrink in terms of number over the next few years in line with the …
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Nuvo Pharmaceuticals, a Canadian healthcare firm, has completed the acquisition of a portfolio of more than 20 revenue-generating products of Aralez Pharmaceuticals. Earlier, the news of Nuvo having a conference call/audio webcast on January 2, 2019, at 8:30 a.m. EST was released. The call was about providing the details of the transaction, Aralez’s key products, …
A distribution contract was signed by Renmatix with The Ingredient House, a supplier of specialty food ingredients to[RP1] to food and beverage manufacturers all over the US. Both companies foresee the potential to substitute eggs with simple cellulose in baked products. Simple cellulose is a plant-based ingredient that offers producers around 50 percent in cost-in-use …
Wolfsburg based Car manufacturer brand Volkswagen has unveiled quick electronic charging stations for its electric cars to be set up initially in the company’s hometown with plans to expand to other cities as well. The charging stations are mobile with capacity of charging up to 100 Kw electricity in a very short time. Volkswagen’s series …
Leading online firms such as Amazon and Flipkart are planning to team up and form united front against government’s decision, restricting online sellers from offering heavy discounts and other changes in selling policy. Both the companies are planning to have a dialogue with the government and form a united front with the help of industry …
The United States and China are set to conduct a trade talk at the vice-ministerial level in Beijing, on both Monday and Tuesday, as both of the countries are under constant pressure to put a full stop to the trade war, that is coming with several repercussions for the top two economies in the world …
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PolyOne Corp. (www.polyone.com) announced its strategic acquisition of Fiber-Line (www.fiber-line.com), a leading manufacturer of customized composite materials and engineered fibers for around $120 million. Founded in the year 1987, Fiber-Line has used its customer-centric values as well as specialty innovation to build a robust portfolio of offerings catering to oil & gas, industrial, fiber optic …
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Perimeter Solutions, one of the prominent producers offering a wide-range of fire retardants, water enhancing gels, and foams for management of fires of varying intensities across wild land, municipal, and industrial ecosystems, made an announcement yesterday. The announcement was about the completion of its acquisition of Solberg, the Amerex Corporation division of firefighting foam products. …
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Wing, Google parent Alphabet’s subsidiary working on drone-based delivery, is now working on a quiet and noiseless drones. The company announced its plans after the Australian town Bonython’s residents where the drone is being tested reported complaints about the noise pollution by the drones. Wing is testing its drone delivery system in the Australian township …
Universal Electronics, a global leader in sensing and control technologies for smart homes, has in a collaborative project with Microsoft announced to launch a new digital assistant built on Microsoft’s Azure cloud services platform using IoT and AI Services. Artificial Intelligence has opened new doors to further improvise smart living experience. A great application of …
