Lumentum set to acquire laser maker Coherent for $5.7bn
Optics and photonics components maker Lumentum has reached a definitive agreement to acquire fellow laser manufacturer Coherent in a cash and stock transaction valued...
Canadian manufacturing industry slips by 0.9% in July
Canada’s manufacturing sector saw its third consecutive monthly sales decline in July 2022, according to the country’s national statistical office.
Statistics Canada reported a slip...
AstraZeneca enlists Germany’s IDT to meet COVID-19 jab demand in the EU
AstraZeneca and IDT Biologika's joint investment will boost vaccine manufacturing capability and address jab shortages in Europe.
Leading coronavirus vaccine maker AstraZeneca announced yesterday that...
Germany’s private sector activity sees downturn in August
Market activity in Germany’s private sector slipped for the second consecutive month and at a faster rate, according to the S&P Global’s Flash purchasing...
Taiwan to invest $250B in US semiconductor manufacturing under new deal
The American Institute in Taiwan and the Taipei Economic and Cultural Representative Office have signed a trade agreement that will build new semiconductor factories in the United States.
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AVEVA and Schneider Electric spearhead digital transformation in mining
AVEVA, a global leader in industrial software driving digital transformation, has partnered with Schneider Electric to redefine what smart, sustainable mining looks like in the age of AI.
