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Tech Mahindra acquires US based lightbridge communications

Indian IT firm Tech Mahindra acquires US-based Lightbridge Communications

Tech Mahindra has bought US-based LightBridge Communications as a revenue enhancing exercise. Indian IT and networking technology provider Tech Mahindra has acquired US-based network services provider Lightbridge Communications Corp (LCC) for $240...
Apple and UnionPay China

Apple partners with UnionPay for App Store customers in China

Apple has added UnionPay as a payment option for App Store in China. Apple announced that it has added UnionPay as a payment option for App Store customers in China on November 18, 2014. China UnionPay is known to be the most popular payment...
Alibaba buys minority stake in V-key

Alibaba Group buys stake in Singapore firm

Online retailer Alibaba Group invests in Singapore’s V-Key for a minority stake. Alibaba Group has invested $12 million in Singapore-beased mobile security software company V-Key through its microfinance unit Ant Financial, on November...
Warner music group_Tencent China

Warner Music signs deal with China’s Tencent

The Warner Music Group has struck a distribution deal with Chinese Internet giant Tencent. US record label Warner Music has signed a first-of-its-kind deal for distributing new releases from its artists with China’s Tencent on November...
AirAsia invests in philippine operation

AirAsia to invest $500 million in Philippine operations

International budget carrier AirAsia plans to expand its operations in the Philippines. Malaysia’s budget airline AirAsia Berhad plans to invest $500 million to expand its Philippine operations as part of its business consolidation in...
Samsung secong manufacturing facility_Vietnam

Samsung to build another smartphone plant in Vietnam

Vietnam to get a second Samsung smartphone plant. The Vietnamese government has approved Samsung Electronics to build its second smartphone plant in the country. The company will invest $3 billion to construct a manufacturing facility in Thai...
Singapore airline marketing deal Tourism Australia

Singapore Airlines inks marketing deal with Tourism Australia

Tourism Australia and Singapore Airlines to fund tourism campaigns and promotions across seven countries. Singapore Airlines (SIA) and Tourism Australia announced a three-year marketing deal for A$12 million on November 10, 2014. Through this...
Google and LG sign 10 year patent deal

Google and LG sign 10-year patent pact

In a decade long cross-licensing partnership, Google and LG agree to license each other’s patents. Technology giants Google and LG Electronics have signed a 10-year-long cross-license deal that involves both existing and future products,...
Samsung electronics invests in virtual reality games

Samsung Electronics invests in virtual reality games

South Korea’s Samsung Electronics bifurcates focus on virtual reality games. Samsung Electronics, in order to boost its virtual reality (VR) business, is investing in VR game developers. The firm is currently preparing the market for...
Softbank Snapdeal agreement_ola cabs

Japan’s Softbank Group to invest $627 million in Indian e-tailer Snapdeal

India’s Snapdeal finds its largest shareholder in Japan’s Softbank Group. Japanese mobile carrier Softbank Group announced that it would invest in one of the leading Indian online retailers Snapdeal to expand its presence in the...