Anil Chakravarthy to become president and CEO of Adobe
Chakravarthy has led the development of products such as Adobe CX Enterprise, GenStudio and Brand Visibility. Prior to his current role, Chakravarthy served as CEO for four years at Informatica, a cloud data management firm.
CIP acquires onshore wind and battery project in Australia
With all major approvals received, Copenhagen Infrastructure V (CI V), the flagship fund of Copenhagen Infrastructure Partners (CIP), has made a final investment decision and reached financial close, securing a USD 1.2 billion facility through 10 banks.
Volkswagen to cut 100,000 jobs by end of decade
The German automobile giant had said in March that it would cut 50,000 roles by the end of the decade. Volkswagen also indicated that it plans to slash the number of car models the group produces by half.
Syrma SGS and Elemaster inaugurate joint venture facility in Bengaluru
Indian EMS provider Syrma SGS Technology and Italian EMS provider Elemaster have inaugurated a new high-reliability electronics manufacturing facility in Bengaluru, India, through their joint venture Syrma SGS Elemaster. The 20,000 square-foot facility is located in the Bommasandra Industrial Area.
Kratos wins $20M contract to deliver mobile SATCOM gateways
As part of the system, Kratos will deliver its rapid‑deployable, truck‑mounted Trifold transportable antennas, which are integrated into the mobile SATCOM hub that provides high‑throughput, dependable communications in dynamic field environments.
Indian firm Kepler raises $8 million to build swarm satellites
Indian space tech company Kepler Aerospace is focused on enabling reliable, secure and scalable space missions across strategic, defence and commercial applications, with a focus on persistent, low-latency intelligence from space.
Samsung Electro-Mechanics signs $790M AI server MLCC contract
Including this customer, Samsung Electro-Mechanics has signed long-term MLCC supply agreements (LTAs) with over 10 global companies. The company said it is also in discussions for long-term supply contracts with several global companies.
Inission secures order from Nofence for Swedish market
Inission has secured a new order from Norwegian Nofence, a developer of virtual fencing solutions for agriculture, with deliveries scheduled over the coming year. The order covers the production of Nofence’s electronic solutions for the Swedish market.
Indian deep-tech startup Zenergize raises $4 million
The funding will be deployed towards expanding manufacturing capacity, strengthening engineering, growing its nationwide service network and sales footprint, accelerating R&D and building operational capabilities to serve large enterprise and OEM customers.
Kitron to build new factory in Denmark
Kitron plans to build a new 8,850 square-metre factory for its Danish operations in Horsens, replacing its current site in the same city. Construction is expected to begin in January 2027, with the facility ready for operation in early 2028.
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