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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Harmonic  the worldwide leader in video delivery infrastructure, today announced that Olympusat Telecom, a division of Olympusat Holdings, the leading distributor of Spanishlanguage networks in the United States, has deployed a video infrastructure solution from Harmonic to support its new VEMOX™ OTT multiscreen turnkey services for B2B applications. Through a…

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Advantech, a worldwide leader in Industrial Intelligent Systems, announced on Nov. 16 that it entered into an agreement, subject to customary closing conditions, to acquire B+B SmartWorx Inc., a privately-held company based in Ottawa, IL, for US$99.85 million. B+B SmartWorx will be led by the current management team and will…

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A group of Kenyan investors under the trade name Icolo.io plan to invest KES 10 billion over ten years to construct rental data centres, Business Daily reported. Some of the infrastructure is due to be in place by 2016 in Mombasa and Nairobi. The project will more than double the…

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Technology giant Microsoft has launched a new fund to invest in companies working on solutions to bring affordable Internet access to underserved markets. The fund is part of Microsoft's Affordable Access Initiative (AAI), which invests in last-mile access technologies, cloud-based services and applications and business models that can reduce the…

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NBCUniversal said it acquired media rights to events previously held by Universal Sports Network, which is folding, from World Championship Sports Network. The programming includes swimming, track and field, gymnastics, figure skating, skiing and other Olympic style competitions. The events will appear on NBCSN and Universal HD on cable and…

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The buzz around virtual reality has existed for a while, and there are certainly a bevy of differing opinions surrounding the technology. Some insist that VR is too ambitious and futuristic almost to the point of self-parody, while others swear that virtual reality has uncovered the next frontier of entertainment.…

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China's Tsinghua Unigroup Ltd plans to invest 300 billion yuan (US$47 billion) over the next five years in a bid to become the world's third-biggest chipmaker, the chairman of the state-backed technology conglomerate said on Monday. Chairman Zhao Weiguo also told Reuters in an interview in Beijing that the company…

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Canada-based lowcost tablet and smartphone maker Datawind is considering a foray into the affordable 4G device segment by mid-2016 and plans to start two new manufacturing facilities with an initial investment of Rs 200 crore in the country. "We may work on a sub-Rs 3,000-priced 4G-enabled smartphone next as the…

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Telekomasia, a Singapore-based telecom services company, is keen to invest more than $1 billion in Bangladesh to make tech-related products. The company, owned by Bangladeshi entrepreneurs, signed a deal with the government on Friday. The firm is mainly interested in investing in four major segments of the telecom and ICT…

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Advanced Info Service Pcl (AIS) , Thailand's largest mobile operator, has been selected by Thai state telecoms firm TOT Pcl to be a partner in its mobile business, the state firm said on Friday. The partnership is part of TOT's strategies to strengthen its operations as the state firm is…