NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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Fujitsu Ltd said on Wednesday it had agreed to sell a majority stake in its wholly-owned mobile phone unit to investment fund Polaris Capital Group, as it sharpens focus on its main IT services business. The Japanese company said in a statement that it would retain a 30 percent stake…

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Align, the premier global provider of technology infrastructure solutions, today announced it is expanding its presence in the Dallas/Ft. Worth area, driven by millions of dollars of new data center projects from a growing Texas client base. The company’s presence in this key market reflects the growing demand for its…

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Pelican BioThermal Showcase Credo™ on Demand at Temperature Controlled Logistics Conference Conterra Ultra Broadband Holdings, Inc. ("Conterra") today announced the signing of an agreement to acquire affiliated companies, Network USA, LLC and Sun America, LLC (combined, "NUSA"), both Louisiana-based regional fiber-optic network services businesses. This transaction will increase Conterra's fiber…

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KIMT-TV, Southern Minnesota and North Iowa’s CBS and MyNet affiliate, has opened a new state-of-the-art broadcast facility at 1751 Highway 52 North in Rochester, Minnesota. The building remodel started in earnest in April 2017 and on September 28, 2017 KIMT began “Live” broadcasts of KIMT News 3’s entire Daybreak Morning…

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Norway's Telenor has received interest over a potential bid for its mobile phone operations in central and eastern Europe, and will evaluate its options, it said on Friday. The company's mobile phone operations in the region are based in Hungary, Bulgaria, Montenegro and Serbia. "With a view of creating shareholder…

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Japan's Fujitsu Ltd said on Friday it was in talks about selling its mobile phone business to investment fund Polaris Capital Group, becoming the latest Japanese electronics maker to withdraw from the sector. The sale, if realised, would leave just three Japanese electronics makers - Sony Corp, Sharp Corp and…

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Qualcomm Technologies Inc has signed memorandums of understanding for sales worth at least $2 billion with top Chinese smartphone vendors, receiving vocal support from the firms as it fights an unsolicited buyout bid from Broadcom Ltd. Lenovo Group, Guangdong OPPO Mobile Telecommunications Corp, vivo Communication Technology and Xiaomi Communications have…

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China will give licenses to virtual telecom operators, including foreign-invested ones, in a move aimed at opening up its telecom market that is dominated by state-owned China Mobile, China Unicom and China Telecom. Virtual network operators do not own the networks they use to provide communications services but instead lease…

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Vertiv, formerly Emerson Network Power, has reached an agreement to purchase Lincoln, Nebraska-based Geist, a privately owned manufacturer of Rack Power Distribution Units (PDUs) and associated data center products. Geist is a market leader in Rack PDU products and has a broad portfolio of data center power, cooling, monitoring, and…

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Bharti Airtel on Wednesday said that it has received an approval for the acquisition of Tigo Rwanda, a subsidiary of Millicom International Cellular from the Rwanda Utilities Regulatory Authority (RURA). The merged entity will have the largest customer base in Rwanda with 5.9 million subscribers. Airtel said that the combined…