Headquartered in Van Buren Township, Michigan, global automotive cockpit electronics supplier Visteon Corporation will acquire Bangalore-based AllGo Systems, a developer of embedded multimedia system solutions for global vehicle manufacturers. The deal is expected to close during the first quarter of 2016. Terms were not disclosed, reports WTOC. “AllGo's strong position...
Rockwell Collins Expands Presence in India
Iowa-based Rockwell Collins inaugurated a new, expanded facility in Bangalore, India. The opening is the result of the growing economy and aerospace industry which continues to present new opportunities for the company. “The opening is a reflection of our commitment to India, as well as the increasing demand for services...
Philips Introduces Juvenile Breathing Rate Monitor
On World Pneumonia Day, Royal Philips of Netherlands announced the release of a Children's Automated Respiration Monitor, aimed to help improve the diagnosis and treatment of pneumonia in low-resource countries, potentially preventing many of the 935,000 childhood deaths caused by pneumonia each year reports FierceMedicalDevices. This chest strap monitor converts...
Intel To Open Product Innovation Lab in India
Livemint reports that Intel India will open the Maker Lab, a product innovation center, at its Bangalore campus. This center will provide local start-ups and entrepreneurs a place to develop their ideas and test the products they make. “With the Intel India Maker Lab, we are offering a strong platform...
Boeing Expands Research Center in India
Chicago based aircraft maker, Boeing is expanding its research center in Bangalore and is also considering investing in Indian companies manufacturing aeronautical components, with a view to bolstering its supply chain. “[The] investment environment in India is improving. Given that background, we are open to making equity investments,” said Pratyush...
Sears Holdings Inaugurates Second Technology Center in India
Sears Holdings, opened a Center of Excellence at the Embassy Tech Park in Sarjapur, Bangalore. This unit is spread across 15,000 square feet and will focus on product and platform development in the retail online and offline domain. This facility is the second in India, with the first located in...