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Tag: tech
Ag tech investments double in 2015 despite U.S. farm slump: study
2016-02-18 03:24:01| Industrial Machines - Topix.net
Investments in agriculture technology startups surged to a record $4.6 billion in 2015 despite a steep drop in U.S. farm income and slumping profit at farm-affiliated companies such as machinery producers and seed makers, according to a study released on Wednesday. The investments were nearly double the $2.36 billion seeded by venture capitalists and others in 2014, according to the annual report from online food and agriculture investment platform AgFunder.
HCL Tech buys Volvo's external IT business for $130m
2016-02-17 21:49:01| IT Services - Topix.net
Volvo has sold its external IT business unit to Indian firm HCL Technologies , from whom it will outsource IT services until 2021. Pankaj Tagra, head of Nordics business at HCL, said the acquisition of the carmaker's IT arm started on October 19 last year at a value of $130 million in cash, with derived revenues exceeding to $190 million.
Tags: business
tech
external
buys
ABB's New Azipod D And Energy Storage Solution To Feature On Two High Tech Specialized Offshore Vessels
2016-02-17 04:50:16| oilandgasonline Home Page
ABB, the leading power and automation technology group, will supply the power, propulsion and energy storage solution for two of the most innovative vessels operating in the offshore oil and gas sector.
Tags: high
solution
energy
tech
Tech is in the air at New York annual toy fair
2016-02-17 02:02:20| Toys - Topix.net
More than 1,000 industry reps jostled to be the most cutting-edge at the annual Toy Fair, where traditional games and activities got a boost from wireless technology and a STEM focus. Lionel showcases Mega Tracks at the Jacob Javits Convention Center during North American International Toy Fair, on Saturday, in New York.
HCL Tech acquires Volvo Group's external IT business
2016-02-16 18:14:31| IT Services - Topix.net
New Delhi, Feb 16 : Software services provider HCL Technologies said on Tuesday that it has acquired the external IT business of commercial vehicles manufacturers, Volvo Group. "HCL has also acquired Volvo's external IT business, adding 40 new customers from the Nordics and France to its portfolio, further enhancing its market leading position in these regions," the company said in a statement here on Tuesday.
Tags: business
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