Universal Music Group (UMG), the Dutch -American music corporation with headquarters in the Netherlands and in Santa Monica, CA, has reached a definitive agreement to acquire a 30% stake in Excel Entertainment, an Indian film and digital content studio. UMG will pay $90 million for the stake, a deal that...
Automaker Stellantis to Expand Footprint in India
Amsterdam-headquartered automaker Stellantis will step up its presence in India by launching three new vehicles under the Citroen brand starting next year, said CEO Roland Bouchara. Stellantis was founded earlier this year after the merger of Fiat Chrysler and Peugeot maker PSA. These vehicles will be developed and produced in...
Philips Launches Advanced Imaging Systems in India
Amsterdam, Netherlands-based Royal Philips, unveiled its latest Imaging Systems including the Next MR Wave, Epiq Elite Ultrasound System, DigitalDiagnost C90, Intellispace Discovery, Compressed SENSE and Philips IQon at the annual conference of the Indian Radiological and Imaging Association, in India's northern city of Chandigarh. These imaging solutions will equip clinicians...
NetApp Launches Data Visionary Engineering Center in India
Sunnyvale, CA-based hybrid cloud data services company NetApp inaugurated a new Data Visionary Engineering Center in Bangalore, India, to help customers and partners collaborate, innovate, educate, and drive digital transformation in the Asia-Pacific region. This center joins three other similar facilities in Sunnyvale, California; Triangle Park, North Carolina; and at...