All Business News

TT Electronics acquires Precision

TT Electronics has acquired Precision, a designer and manufacturer of precision electromagnetic product solutions for critical applications, for an initial consideration of $23.5million.

University of Cambridge spin-out raises £1.2m

Sorex Sensors, a spin-out company from the Department of Engineering at the University of Cambridge, has completed an initial round of investment raising £1.2m. The funding was organised by Cambridge Enterprise, the Cambridge Angels and Cambridge Capital Group.

Electrocomponents acquires IESA

Electrocomponents has acquired IESA, a provider of value-added services to industrial customers, for a cash consideration of £88million in a plan to build out its value-added service proposition.

Ocado’s robot swarm

Andover factory contains 400 robots controlled by “world’s densest” mobile communications network based on 4G technology.

Micron and Intel extend leadership in 3D NAND flash memory

Micron Technology and Intel have announced production and shipment of the industry’s first 4bits/cell 3D NAND technology. Leveraging a proven 64-layer structure, the new 4bits/cell NAND technology achieves 1 terabit (Tb) density per die, the world's highest-density flash memory.

Red Pitaya outstanding shares acquired by Instrumentation Technologies

Red Pitaya, the company aiming to offer low cost, open-source, reconfigurable instrumentation with its credit-card-sized STEMlab platform, has announced that all the outstanding shares have been acquired by Instrumentation Technologies, a specialist in instrumentation, primarily servicing the accelerator beam diagnostics market.

TÜV SÜD unveils new electrical safety service

TÜV SÜD Product Service has launched a new Electrical Safety Pre-Test Assessment Service, which is intended to help manufacturers avoid costly product modifications and time-to-market delays by identifying non-compliances at an early stage in the design process.

Imperial College London spinout, GraphicsFuzz, develops a testing solution for graphics drivers

Graphics driver bugs can adversely affect the development of graphics applications like smartphone apps, with the most serious bugs leading to serious security risks. For example, a Google Chrome Bug Bounty was awarded for a security issue on the Samsung Galaxy S6, which allowed data to be stolen across web browser tabs, found with the GraphicsFuzz technology. More recently, GraphicsFuzz disclosed a security issue in the graphics driver of the Samsung Galaxy S9, where a valid webpage triggers a whole device reboot.

BrainChip Studio to be integrated with AI platform provider

BrainChip, a developer of software and hardware accelerated solutions for advanced artificial intelligence (AI) and machine learning applications, has announced that it has signed an agreement with Veritone to integrate its BrainChip Studio with the Veritone aiWARE platform.

BMZ invests €7m in China HQ

BMZ Group, specialists in the production of lithium-ion system solutions, has invested €7million in a new building in China. Around 800 employees are expected to move to this new location.

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