Wednesday, January, 16, 2019 11:50:18

Category: Technology

Grab-ZhongAn JV aimed toward creating a digital insurance marketplace

Grab, a Singapore-based technology company, has reportedly announced a partnership with Chinese online-only insurance company ZhongAn (ZA International). The two of them plan to establish a joint venture firm to enter SEA’s digital insurance distribution business and aim to offer their products to uninsured customers …

ExxonMobil, IBM partner to advance research in quantum computing

The collaboration will enhance ExxonMobil’s ability to address computational challenges across diverse energy applications. Global oil and gas conglomerate, ExxonMobil has recently signed a partnership agreement with tech giant IBM Corp. to advance the potential use of quantum computing in developing next-gen energy and manufacturing …

Radware acquires ShieldSquare to expand its cloud security portfolio

The acquisition would be further expanding Radware’s current industry-leading cloud security portfolio. The transaction is expected to be concluded by the first quarter of 2019. Radware, a renowned Tel Aviv-based load balancing & cybersecurity services provider, has reportedly announced that it has signed a definitive …

BHEL mulls JV with U.S. firm to develop Li-ion batteries in India

The Indian government is aiming to begin the manufacture of lithium-ion batteries in the country over the next one year. As of now, India imports 100 percent lithium-ion batteries. India’s Union Cabinet Minister for Heavy Industries and Public Sector Enterprises, Anant Geete, recently informed that …

Infibeam & IBM team up to build blockchain applications in India

The collaboration is first of its kind in the country on IBM’s LinuxONE platform. Infibeam plans to bring high-speed compute infrastructure and capabilities along with developer tools to help clients build blockchain applications. The India-based e-commerce and digital payments service provider Infibeam Avenues (Infibeam) has …

Autodesk buys construction tech startup BuildingConnected for $275M

The U.S.-based software corporation Autodesk has reportedly acquired the construction software platform BuildingConnected for USD 275 million. As per trusted sources, the latest takeover comes exactly one month after Autodesk announced that it plans to acquire another construction tech startup, PlanGrid. Reportedly, Autodesk would get …