Bain Capital Private Equity has signed a definitive agreement with Toshiba Corporation (Toshiba) for the purchase of Toshiba Memory Corporation (TMC). A special purpose acquisition company formed by the
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Vic government program helps former automotive workers transition to new roles
Former automotive industry workers have found jobs working to remove dangerous level crossings after taking part in an Victorian Government’s South East Automotive Transition program to reskill and
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Industrial Internet Consortium and oneM2M partner on IIoT
The Industrial Internet Consortium (IIC), the global organisation transforming business and society by accelerating the adoption of the Industrial Internet of Things (IIoT), and oneM2M, the global IoT
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New round of QLD government small business grants
The Queensland Government has opened the third round of its popular Small Business Digital Grants, providing up to $10,000 in matched funding to operators keen to embrace new technology.
Small Business
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Schneider delivers new EcoStruxure solutions
Schneider Electric has introduced their new EcoStruxure software solutions, bringing what they say is measurably profitable asset and operation reliability to the industrial market for the first time.
EcoStruxure
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ABB acquires GE’s Industrial Solutions business
ABB has announced the acquisition of GE Industrial Solutions, GE’s global electrification solutions business for $2.6 billion (A$3.28 billion). In 2016, GE Industrial Solutions had revenues of approximately
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Macquarie University incubator launched
The Minister for Finance, Services and Property Victor Dominello joined The Duke of York, Prince Andrew, at the official opening of a new state-of-the-art business innovation centre funded by the NSW Government
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Australia commissions its first air warfare destroyer
The Australian government has announced the commissioning of the first Australian-built Air Warfare Destroyer, HMAS Hobart.
According to the Department of Defence, the warship brings together
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Google acquires $1.39 bn in HTC assets
Google and HTC Corporation have announced a definitive agreement under which certain HTC employees – many of whom are already working with Google to develop Pixel smartphones – will join Google. The
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QLD company produces world-first solar-powered car
Queensland company Clenergy TeamArrow is claiming line honours in the developmental race for the world’s first commercially available solar-powered car.
According to the state government’s
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IIC launches smart factory machine learning testbed
The Industrial Internet Consortium (IIC), a global organisation transforming business and society by accelerating the adoption of the Industrial Internet of Things (IIoT), has announced the Smart Factory
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Sydney secures global cyber security facility
According to a press statement by the NSW Ministry of Industry, more than 170 jobs will be created over the next five years after the NSW Government secured a multi-million dollar global cyber security
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Qld Government backs innovative motorcycle technology
The Queensland Government is providing almost $350,000 to fund innovation kick-starting safer handling and a more enjoyable experience for motorcycle riders world-wide.
In a media release last week, Minister
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Ansell completes sexual wellness business sale
Ansell Limited has announced the closing of its sexual wellness business to Humanwell Healthcare (Group) Co., Ltd. and CITIC Capital China Partners III, L.P. (the Buyer Consortium) for US$600 million (A$754
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Local industries to have more opportunities in defence projects
Local industry will have more opportunities to participate in major defence infrastructure projects as part of a pilot program announced by Minister for Defence, Senator Marise Payne, today.
The Local
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Ocean Reef Marina project to see creation of “hundred of jobs”: WA Government
The WA Government will transform the existing Ocean Reef Boat Harbour into a world-class waterfront precinct, creating hundreds of jobs in the northern suburbs.
Delivering on an election commitment to
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BluGlass partners Griffith Uni and IMCRC to develop next-gen transistors
Australian technology innovator, BluGlass Limited has partnered with Griffith University and the Innovative Manufacturing Cooperative Research Centre (IMCRC) to deliver a step-change transistor in the
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M2 launched for growing medtech industry
M2, the new “one stop shop” that CSIRO says will bring the best in knowledge and technology has been created by CSIRO, Monash University and Monash Health Translation Precinct (MHTP).
The
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Moody’s reaffirms Australia’s AAA rating
Towards the close of last month, the Turnbull Government announced that Moody’s has maintained Australia’s AAA credit rating, with a stable outlook.
Moody’s has noted the Government’s record
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Deloitte: Knowledge based jobs and skills vital to Western Sydney
Speaking at the Western Sydney Business Connection “State of the Region” event held in Parramatta today, Deloitte Western Sydney managing partner, Danny Rezek told the 550 attendees that that while
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