Category — Electronic
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 in multimedia and smartphone connectivity software adds greater scale and depth to Visteon’s infotainment software capabilities,” said Sachin Lawande, Visteon president and CEO. “AllGo’s ready-to-use IP provides automotive manufacturers with a turnkey software-on-chip (SoC) solution to cost-effectively introduce smartphone and mobile applications from the vehicle’s audio head unit.”
“We are looking forward to joining Visteon at this exciting time in the company’s growth in the connected technology space,” said K. Srinivasan, director and CEO, AllGo Systems. “With our production-proven middleware and Visteon’s expertise in automotive infotainment solutions, the two companies have a strong strategic fit that will enable us to expand our global market share in the connected display radio market.”
January 17, 2016 No Comments
Ubisoft Entertainment S.A. the multinational video game developer and publisher, headquartered in Montreuil, France will release the Assassin’s Creed Chronicles: India, tomorrow, on January 12, for PS4, Xbox One and PCs, reports PC Gamer.
Ubisoft said in a blog post that this version of the console game is set in 1841 India when tensions are coming to a head between the Sikh Empire and the British East India Company. The Templars apparently have some role in it all, but you, as the Assassin Arbaaz Mir, are more focused on stopping them from stealing the Koh-i-Noor Diamond, while at the same time trying to protect your friends and your lover, Princess Pyara Kaur.
The part of the game in a cavern comes complete with timed traps, unstable platforms, and a score determined by how quickly you can make it through alive. It also has its share of patrolling Sikh guards, who can be avoided, stealth-assassinated, fought, or – if you time your movements just right – crushed by the numerous platforms, chunks of wall and hanging stalactites that give way shortly after you grab or step on them.
“There is a narrative link” between the three games of the Assassin’s Creed Trilogy, says Xavier Penin, Lead Game Designer at Ubisoft Partners. “As [the games] have to be independent, it’s not huge. It’s not central, but it’s there, especially for the fans. And if you finish Russia, and you’ve played the other two, there’s a special ending that’s really interesting for the fans and ties the Chronicles together.”
January 7, 2016 No Comments
A joint study by Deloitte and ASSOCHAM, the Associated Chambers of Commerce of India says that the digital commerce market in the country is likely to touch $128 billion in 2017 , compared to $42 billion this year.
“Increasing mobile and Internet penetration, m-commerce sales, advanced shipping and payment options, exciting discounts, and a push into new international markets by e-businesses are major drivers of this unprecedented growth,” the study added.
The Times of India reports that there are about 930 million wireless subscribers in India with the wireless tele-density (connections per square kilometer) in urban areas in excess of 140 and with a huge potential in rural areas that have a tele-density of 44. A significantly large percentage of this subscriber base will be using mobile devices to access the Internet. This number is estimated at 235 million users as of September 2014 and growing rapidly. Additionally, online shoppers are expected to double from 20 million in 2013 to 40 million in 2016.
The study also pointed out that dedicated e-commerce laws are required to address issues in the sector’s legal and regulatory framework. It suggested that banks must play a leading role as ‘facilitators’ by offering cost effective cash management solutions, secure payment gateways and other relevant banking services reports Gadgets 360, an NDTV venture.
December 11, 2015 No Comments
Headquartered in Austin, Texas, HID Global, a company that provides secure identity solutions, inaugurated a new 10,000 square foot design center in Chennai, in the southern state of Tamil Nadu in India.
The validation and verification service for all electronic and software products and services will be carried out here while its focus will be on government ID, physical access and portal/cloud-based solutions, embedded, web and mobile application software engineering development. Additionally, the design center team will receive inputs from engineering centers in Europe and United States and work in tandem with them on various product developments and customer-centric solutions reports IFSEC Global, India.
“The new center in Chennai is a critical part of HID Global’s long term growth strategy in emerging markets,” said Darren Learmonth, Global Vice President Engineering at HID Global. “It will also play a vital role in developing key secure identity technologies across HID Global’s business portfolio.”
December 3, 2015 No Comments
CEO Ping Cheng of Taiwan-based Delta Electronics that deals in energy solutions, digital surveillance, solar inverters, industrial automation, projectors and commercial displays, announced at the Digital India event that his company would invest $500 million over the next ten years and will create 20,000 new jobs in the country. The company already has a manufacturing unit at Rudrapur in the northern state of Uttarakhand.
Its latest project is the setting up a power supply manufacturing plant and product development center in the state of Tamil Nadu, India next year. “ The first investment of $150 million of the total commitment [of $225 million] will be made next year,” Delta India Electronics managing director Dalip Sharma said at the Renewable Energy India Expo. The plant will employ 5,000 people over period of next five-seven years, he added.
Financial Express reports the company is in the process of setting up a research and development center in Bangalore that will work on software data analytics solutions and high power technologies.
“We are at final stage of acquiring land for the R&D center. Delta will invest another $75 million on this center and would be hiring 400 engineers for it. Hiring will start from mid of next year,” Sharma said.
December 3, 2015 No Comments