Viomi Technology, a IoT Home technology company in China, announced the elevation of its water purification business to a strategic business unit (“SBU”). This supports the implementation of the Company’s strategy of focusing on water purification , fully leveraging Viomi’s leading…
Fleet management provider Linxup receives $50 million debt commitment
Runway Growth Capital announced a $50 million debt commitment to Linxup, a U.S.-based GPS tracking, telematics and fleet management provider serving small and mid-size businesses. Runway’s debt investment will refinance existing debt and provide additional working capital for Linxup. Linxup provides easy to…
Tongxin Micro and Valid launch eSIM one-stop solution for OEMs
Tongxin Micro and Valid have jointly launched a comprehensive eSIM one-stop solution for global OEMs. This solution has successfully passed the GSMA’s eSIM product filing audit, establishing Tongxin Micro as China’s first and the world’s foremost provider of eSIM solutions for mobile terminals. Furthermore, this collaboration…
SAP announce Hilti Group using Circelligence to increase circularity of resources
SAP SE announced that The Hilti Group is using the Circelligence solution to increase the circularity of its resources. Developed by Boston Consulting Group (BCG), an SAP global strategic partner, the Circelligence tool, built on SAP Business Technology Platform (SAP…
UST opens new office in Hyderabad
UST has inaugurated its new office at International Tech Park Hyderabad. The modern 1,18,000-square-foot facility, with the provision of more expansion in the future, will accommodate over 2000 UST employees in Hyderabad and act as a center for innovative research and development in emerging technologies…
ABB YuMi cobots aid aluminum supplier with workforce shortages
ABB’s YuMi collaborative robots (cobots) are playing a pivotal role in reshoring production and addressing workforce shortages for SUS Corporation, a key provider of aluminum frames and die-cast aluminum components to the automotive and manufacturing sectors. Joerg Reger, Managing Director…