Industry News

R Systems Acquires Novigo Solutions in USD 115 Million Deal, Strengthening Mangaluru’s Position as India’s Silicon Beach

R Systems International Limited, backed by Blackstone, announced the acquisition of Mangaluru-based Novigo Solutions in a strategic move that has further elevated the coastal region's prominence in India’s technology M&A landscape.

Nvidia Suspends Production of H20 AI Chip Amid Chinese Regulatory Scrutiny

Nvidia announced a temporary suspension of production for its H20 AI chip, a developed specifically for the Chinese market, following heightened scrutiny from Chinese regulatory authorities.

Sungrow Opens State-of-the-Art Hydrogen Technology Laboratory in Germany

Sungrow launches a hydrogen technology lab in Munich to advance electrolysis, P2X innovation, and global green hydrogen commercialization.

Sumitomo Chemical Launches Ethanol-to-Propylene Pilot Plant in Japan

Sumitomo Chemical begins operating ethanol-to-propylene pilot plant in Japan, advancing sustainable feedstock technology with commercialization targeted by 2030s.

US Hospitals Adopt Vertical Farming Systems to Enhance Patient Diets and Access to Fresh Food

US hospitals adopt Babylon’s automated vertical farming systems to provide patients with fresh greens and promote healthier diets.

Kenya ICT Authority Seeks Bids to Expand Rural Broadband under Digital Economy Acceleration Project

The Government of Kenya, through the Information and Communications Technology Authority (ICTA), has issued a call for bids aimed at expanding broadband internet capacity to selected government sites in rural areas.

Nepal Verified Rubella-Free, WHO SE Asia Ramps Up 2026 Elimination Drive

Nepal Verified for Rubella Elimination: WHO South-East Asia Region Marks Major Public Health Milestone.

SNF Acquires Obsidian Chemical Solutions to Strengthen Oil & Gas Portfolio

SNF acquires Obsidian Chemical Solutions to enhance oil & gas portfolio, expanding service capabilities and specialized chemical offerings.

ONGC Energy Centre Trust and EIL Partner to Establish India’s First Helium Recovery Demonstration Plant in Tamil Nadu

ONGC Energy Centre Trust and EIL to establish India’s first Helium Recovery Demonstration Plant in Tamil Nadu worth ₹39.42 crore.

Kiilto Ventures Leads Investment in Estonian Battery Recycling Startup Jälle Technologies

Kiilto Ventures leads funding in Estonia’s Jälle Technologies to advance scalable lithium-ion battery recycling and graphene innovation.

NVIDIA Drives 27% of SK hynix Revenue in First Half of 2025, Reinforcing AI Chip Partnership

South Korea’s memory chip leader SK hynix reported that NVIDIA accounted for nearly 27% of its total revenue in the first half of 2025, a striking demonstration of how artificial intelligence demand is redrawing global semiconductor dynamics.

FPT and La Trobe University Forge Strategic Partnership to Drive Innovation in Healthcare and Digital Transformation

Global technology leader FPT has signed a Memorandum of Understanding (MoU) with La Trobe University, one of Australia’s leading higher education institutions, to establish a strategic collaboration designed to accelerate applied research with tangible real-world outcomes.

Perella Weinberg Accelerates European Tech Advisory Amid AI and Fintech M&A Boom

Boutique investment bank Perella Weinberg is significantly strengthening its presence in the European technology advisory market, as demand for dealmaking expertise in artificial intelligence (AI) and financial technology (fintech) accelerates.

Bayer and Kumquat Biosciences Sign $1.3 Billion Global Licensing Deal to Advance KRAS G12D Inhibitor in Precision Oncology

Bayer and Kumquat join forces to advance groundbreaking KRAS G12D cancer therapy, targeting hard-to-treat tumors worldwide.

AleraCare and PURE Healthcare to Merge, Creating Leading U.S. Ambulatory Infusion Platform

AleraCare and PURE Healthcare to merge, creating a 75-location nationwide ambulatory infusion leader enhancing access and outcomes.

Alpha Global Partners with LIO to Transform Inpatient Mental Health Care Across Australia and New Zealand

Alpha Global launches LIO platform in Australia, revolutionizing inpatient mental health care with advanced monitoring and integrated insights.

Oracle Health Unveils AI-Powered ‘Voice-First’ EHR to Reduce Clinician Burden

Oracle Health launches AI-powered, voice-first EHR to streamline workflows, cut documentation burdens, and enhance patient-centered care efficiency.

Energy Vault Secures $300 Million Preferred Equity Investment to Launch ‘Asset Vault’ Subsidiary and Accelerate Global Energy Storage Expansion

Energy Vault Holdings, Inc., a global leader in grid-scale energy storage solutions, announced a significant strategic move aimed at accelerating its growth trajectory in the renewable energy infrastructure sector.

Bharti Airtel Launches Cloud and AI Services Through Xtelify, Partners with Singtel, Globe, and Airtel Africa

Bharti Airtel, one of India’s leading telecom and digital services providers, has taken a major step toward strengthening its position in the enterprise technology space with the launch of Xtelify, its new digital services arm focused on cloud and artificial intelligence (AI) solutions.

Flend Raises USD 3 Million in Seed Round to Expand Digital SME Financing in Egypt

Flend, Egypt’s first fully digital and Financial Regulatory Authority (FRA)-licensed SME financing platform, has successfully closed a seed funding round worth USD 3 million.