Special
Get

20% Discount

Get for New Account
Monday

Apr 21, 2025

28°C, overcast clouds
India
Subscribe

Infineon completes acquisition of GaN Systems, becoming a leading GaN powerhouse 

In a significant move towards advancing energy-efficient and carbon-saving solutions, Infineon Technologies AG has successfully closed the acquisition of GaN Systems Inc., an Ottawa-based company renowned for its expertise in gallium nitride (GaN)-based power conversion solutions and application knowledge. All necessary regulatory approvals were secured, officially marking GaN Systems as part of the Infineon family.  The acquisition, an all-cash transaction, …

Continue Reading

Intel pays $350m for two-year-old AI company

Intel is said to be paying over $350 million for a two-year-old 48-person start-up called Nervana, which is involved in deep learning and AI (artificial intelligence). Pictured is Intel’s datacentre boss Diane Bryant with the Nervana founding team. Nervana has raised $25 million in venture capital and has a contract with the US intelligence community’s venture arm In-Q-tel. Its CEO is a …

Continue Reading

Join our amazing

Newsletter

For latest updates