Israel's Radware, a provider of cyber security and application delivery solutions, will acquire Bangalore-based bot management solutions provider ShieldSquare. Nasdaq-listed Radware said in a stock exchange filing that the transaction is likely to close during the first quarter of 2019, subject to customary closing and regulatory conditions. Roy Zisapel, CEO...
Build-A-Bear Launches in India
St. Louis, Missouri-based Build-A-Bear has partnered with Tablez, the retail arm of UAE-based Lulu Group International, to introduce the customized stuffed-animal retail-entertainment brand in India. Besides standalone stores, shop-in-shop formats of Build-A-Bear will be launched within Toys“R”Us as part of Tablez's venture to reach as many as 9 million households in...
British Telecom and India's Institute of Science to Collaborate on Research
British Telecom (BT) will partner with the Indian Institute of Science (IISc), one of India’s leading research institutions, to launch a new collaborative research center in Bangalore. The new BT India Research Center (BTIRC) will join BT’s network of collaborative research facilities around the globe, including those in Northern Ireland,...
India's Sportswear Industry Poised for Growth
According to a research report by San Jose, CA-based Global Industry Analysts Inc., the global market for Sports and Fitness Clothing is projected to reach $231.7 billion by 2024, and the Asia-Pacific region is expected to be fastest growing region, with a CAGR of 6.9 percent over the forecast period....
Foxconn to Assemble High-End iPhones in India
Apple Inc will assemble its top-end iPhones such as the iPhone X family -- in India at the Chennai unit of Taiwan-based Foxconn from early 2019. Currently, Wistron, another Taiwanese company, makes the lower end Apple models such as iPhone 6S and SE in Bangalore. Foxconn, which also makes phones...
SAP: India Now a Global Product Development Hub
Walldorf, Baden-Württemberg-based German Company SAP, is set to strengthen its commitment in India with a new forty-acre campus in Bangalore. Bernd Leukert, the company's executive board member and head of production and innovation described how India was important to SAP: "Outside of our headquarters in Germany, the Indian R&D division...