Edge Orchestration Provider ZEDEDA Secures $72M Series C Round
ZEDEDA, the edge management and orchestration provider, announced the closing of $72 million in growth capital, with the Series C round led by Smith Point Capital
Seeq Announces $50 Million Series C Funding
Having worked with several venture-funded startups over the years, the question of how many go from Series A funding to Series B funding and then onto Series C funding is intriguing.
Siemens Limited’s Board of Directors Approves Sale of Mechanical Drives Business
The Board of Directors of Siemens Limited has approved the sale and transfer of its Mechanical Drives (MD) business for a consideration of Rs.4,400 million to Flender Drives (a subsidiary of Flender GmbH, which in turn is a subsidiary of Siemens AG), subject to adjustment for the change in net current assets and capital expenditure, subsequent to June 30, 2020 up to the date of actual transfer of the MD business. The same is subject to receipt of requisite statutory and regulatory approvals, as a
Siemens India Commits to Fight Against COVID-19
COVID-19 is impacting the lives of people globally as well as in India. The Indian Government has taken measures for safety to minimize the incidence of infection. Siemens India has committed Rs.20 crore ($2.65 million) towards the following:
Siemens Financial Services Invests in Greenko Group’s 200 MW Poovani Wind Power Project
Greenko Group, India’s leading renewable energy player, has signed an agreement with Siemens Financial Services (SFS), the financing arm of Siemens AG, for an equity investment in its Poovani Wind Power project. The project is being developed in the state of Tamil Nadu and is backed by Solar Energy Corporation of India Limited (SECI), Central Public Sector Undertaking under the Ministry of New and Renewable Energy, Government of India.
Digital Water Works Receives Strategic Investment from Bentley Systems
Digital Water Works, a leading global innovator of digital twin solutions for smart wet infrastructure, announced a strategic investment in the firm by Bentley Systems.
Industrial Cybersecurity Supplier, Claroty, Attracts $60 Million Series B Investment
Claroty, a major player in cybersecurity for industrial control networks, announced that a prominent syndicate of investors, including industrial operators and control system vendors, invested $60 million in Series B funding.
Westinghouse Bankruptcy Filing Darkens Nuclear Project Futures
It is never a good thing when attorneys take center stage in the middle of an engineering mega-project. This occurred yesterday when Westinghouse filed for bankruptcy protection in US Federal court.
Aspen Technology Announces Financial Results for the Third Quarter of Fiscal 2015
BEDFORD, MA — April 28, 2015 — Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, today announced financial results for its third quarter of fiscal year 2015, ended March 31, 2015.
Aspen Technology Announces Financial Results for the Fourth Quarter and Fiscal Year 2015
BEDFORD, MA — August 13, 2015 — Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries,today announced financial results for its fourth quarter and fiscal year ended June 30, 2015.