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Kraken announces closing of $430M acquisition of Covelya Group

2026-07-09 eIndustry

The acquisition aligns with Canadian company Kraken Robotics’ strategy to deliver value to customers through a portfolio of dual-use technologies and a culture of innovation.
» Evertiq

Posted in: Uncategorized

Analog Devices completes acquisition of Empower Semiconductor

eIndustry

The two companies had earlier announced that they had entered into a definitive agreement under which Analog Devices would acquire Empower in an all-cash transaction for USD 1.5 billion.
» Evertiq

Posted in: Uncategorized

Maruti Suzuki inaugurates vehicle manufacturing plant in India

2026-07-08 eIndustry

At full capacity the advanced vehicle manufacturing facility in Haryana is expected to produce one million units per annum. The projected total investment at the plant will be about USD 3.5 billion, c…
» Evertiq

Posted in: Uncategorized

EnergyX secures $225M investment from Eni for lithium project

eIndustry

The project in Chile has a planned capacity to produce up to 52,500 metric tons of lithium carbonate per year across the first two phases, and the potential to expand further through additional develo…
» Evertiq

Posted in: Uncategorized

Europe holds a 2.5% share of a market it helped build

eIndustry

New data from in4ma and EMSNOW puts the global EMS and ODM industry at USD 820 billion for 2025 – and Europe’s share of that figure is shrinking in relative terms even as the continent’s largest p…
» Evertiq

Posted in: Uncategorized

SUSE, Openchip partner to develop European RISC-V hardware

eIndustry

The partnership aims to ensure SUSE Linux Enterprise Server, SUSE Kubernetes Engine (RKE2), SUSE Rancher Prime, and SUSE AI Factory enable the high performance of Openchip’s upcoming hardware and so…
» Evertiq

Posted in: Uncategorized

Mitsubishi Power, LNGPH sign deal for gas turbine parts and services

eIndustry

LNGPH is an integrated LNG import and regasification terminal and gas-to-power complex in the Philippines with a total installed capacity of 2.5GW, supporting the reliable supply of natural gas for po…
» Evertiq

Posted in: Uncategorized

ITT completes acquisition of Aerospace Contacts for $31 million

eIndustry

Aerospace Contacts’ product portfolio primarily consists of custom contacts, housings and shells, with specialized capabilities supporting high-mix, custom contact requirements for harsh-environment…
» Evertiq

Posted in: Uncategorized

US import ban on Innoscience’s GaN products confirmed after presidential review

eIndustry

The US International Trade Commission’s final determination against Innoscience has been upheld following the conclusion of the presidential review period. The ruling confirms that Innoscience infrin…
» Evertiq

Posted in: Uncategorized

Micron breaks ground on new cleanroom at Hiroshima facility

2026-07-07 eIndustry

Micron Technology has broken ground on a new cleanroom at its manufacturing facility in Higashi-Hiroshima, Japan. The first phase covers approximately 300,000 square feet and is intended to strengthen…
» Evertiq

Posted in: Uncategorized

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