Tag Archives: strategic partnership

CIMIC and Sojitz Establish 50:50 Partnership to Accelerate UGL Transport Expansion Across Australia and the Asia-Pacific

(IN BRIEF) CIMIC Group has entered into a strategic partnership with Japan’s Sojitz Corporation, which will acquire a 50% stake in UGL Transport, valuing the business at approximately $800 million. The agreement establishes joint ownership of one of Australia and … Read the full press release

Nokia and Tesi Invest in NestAI to Accelerate Development of AI-Driven Capabilities for Unmanned Systems and Critical Infrastructure

(IN BRIEF) Nokia and NestAI have entered into a strategic partnership to develop AI-native defense and critical infrastructure technologies, supported by a combined €100 million investment from Nokia and Tesi. NestAI, one of Europe’s fastest-growing physical AI labs, focuses on … Read the full press release

Siemens-Samsung Partnership Targets Future-Ready Infrastructure in Saudi Arabia, Thailand, and Canada

(IN BRIEF) Siemens and Samsung C&T have entered a long-term strategic partnership that aims to combine their expertise in EPC project delivery with cutting-edge digital and automation tools in global infrastructure development. The collaboration, framed as a “ONE Tech Company” … Read the full press release

Voith and Wuzhou Special Paper Launch the World’s Largest Specialty Paper Machine in China, Strengthening Long-Term Industry Collaboration

(IN BRIEF) Voith and Wuzhou Special Paper have commissioned the world’s widest specialty paper machine, the PM 21, in Hanchuan, Hubei Province, marking a milestone in their ongoing collaboration. Entirely engineered and supplied by Voith, PM 21 boasts a working … Read the full press release

Evotec Receives US$ 25 Million Milestone Payment from Bristol Myers Squibb for Progress in Neurodegenerative Disease Partnership

(IN BRIEF) Evotec SE announced it has received a US$ 25 million payment from Bristol Myers Squibb, marking progress in their joint neuroscience partnership focused on neurodegenerative diseases. The milestone payment will further advance the companies’ preclinical pipeline and research … Read the full press release

L’Oréal Acquires Creed and Secures Long-Term Beauty Licenses for Gucci, Bottega Veneta, and Balenciaga in Strategic Partnership with Kering

(IN BRIEF) Kering and L’Oréal have entered into a €4 billion strategic alliance that will reshape the luxury beauty and wellness sectors. The agreement includes L’Oréal’s acquisition of the House of Creed, long-term exclusive beauty and fragrance licenses for Gucci, … Read the full press release

SIX Extends Strategic Partnership with Barclays to Deliver Smarter Data Solutions Across Global Operations

(IN BRIEF) SIX and Barclays have entered into a seven-year global partnership to accelerate the bank’s international growth and enhance cost efficiency. The collaboration will give Barclays access to SIX’s suite of financial data products and allow the bank to … Read the full press release

Long-term partnership between AFRY and BAE Systems Hägglunds set to deliver co-developed technologies for future security needs

(IN BRIEF) AFRY and BAE Systems Hägglunds have entered a six-year strategic partnership to co-develop innovative technologies and business opportunities in the defence industry. Expanding on an earlier five-year engineering services framework, the agreement underscores both companies’ commitment to long-term … Read the full press release

ASML invests €1.3 billion in Mistral AI and launches long-term collaboration to advance semiconductor and AI innovation

(IN BRIEF) ASML Holding NV and Mistral AI have entered into a strategic long-term partnership aimed at integrating AI into ASML’s lithography systems and operations to deliver faster innovation and greater performance for customers. Alongside the collaboration, ASML will lead … Read the full press release

Encavis Appoints Kevin Devlin as Supervisory Board Chairman on 1 August

(IN BRIEF) Kevin Devlin will become Chairman of Encavis’s Supervisory Board on 1 August 2025, succeeding Dr. Johannes Teyssen, who oversaw the company’s transition after its acquisition by a KKR-led consortium and will now serve as Deputy Chairman. Devlin’s election, … Read the full press release

Liverpool and SIMATS Forge Five-Year Strategic Partnership in Health and Life Sciences

(IN BRIEF) The University of Liverpool and SIMATS have signed a five-year MoU to advance collaborative health and life-science activities. This partnership encompasses joint research projects, exchange programs for undergraduates and postgraduates, co-organized academic events, and visiting-student placements, all aimed … Read the full press release

UniCredit and Rise Europe Join Forces to Cultivate Europe’s Next Generation of Startup Leaders

(IN BRIEF) UniCredit and Rise Europe have entered into a strategic partnership designed to strengthen Europe’s startup ecosystem and drive regional competitiveness. Leveraging UniCredit’s extensive 13-country footprint and corporate networks, the collaboration aims to support Rise Europe’s expansion, help promising … Read the full press release

NEURA Robotics Selects GFT for Strategic AI Software Partnership

(IN BRIEF) GFT Technologies has been appointed strategic software partner to NEURA Robotics, a leader in cognitive robotics. Building on a successful proof-of-concept for a next-generation software platform, GFT will leverage its expertise in data, AI, and high-performance computing to … Read the full press release

KPN Ventures backs ElevenLabs as partnership brings accessible speech and automation to KPN customers

(IN BRIEF) KPN has partnered with voice AI innovator ElevenLabs and invested in the company through KPN Ventures to accelerate the adoption of advanced audio AI in the Netherlands. Early efforts will focus on converting content into high-quality speech and … Read the full press release

Saab and General Atomics Team Up to Bring Persistent MQ-9B-Based Unmanned Early Warning to Air and Sea

(IN BRIEF) Saab and General Atomics Aeronautical Systems have entered a strategic cooperation to develop an Unmanned Airborne Early Warning solution based on the MQ-9B unmanned aerial system. Saab will provide its advanced AEW sensor suite, while General Atomics will … Read the full press release

New TÜV Rheinland–PECB Alliance Brings World-Class Cybersecurity and Data Governance Courses to Professionals

(IN BRIEF) TÜV Rheinland Academy has forged a partnership with PECB to deliver comprehensive digital trust training throughout the Asia-Pacific region and beyond. The joint program will cover key areas such as cybersecurity, data protection, risk and compliance management, and … Read the full press release

Barco and BOE Unite to Embed Infinipix Gen2 Processing into Advanced COB LED Displays

(IN BRIEF) Barco and BOE have announced a strategic alliance to integrate Barco’s Infinipix Gen2 LED image-processing platform with BOE’s advanced display manufacturing, including COB technology. Barco contributes over two decades of image-processing expertise across a wide range of LED … Read the full press release

Global Visualization Leaders Enhance LED Portfolio through Strategic Infinipix Gen2 and MIP Technology Integration

(IN BRIEF) Barco and Unilumin have expanded their longstanding partnership by integrating Barco’s Infinipix Gen2 LED image-processing technology into Unilumin’s ultra-fine-pitch MIP displays. This collaboration combines Barco’s three decades of expertise in video-wall systems and advanced image processing with Unilumin’s … Read the full press release

MOL and SOCAR Expand Partnership with New Onshore Oil Exploration Project in Shamakhi-Gobustan

(IN BRIEF) MOL Group and SOCAR have signed key terms for an exploration, development, and production sharing agreement covering Azerbaijan’s Shamakhi-Gobustan regions, reinforcing their strategic energy partnership. MOL is expected to act as operator with a 65% share, while SOCAR … Read the full press release

NHS Lanarkshire and University of Glasgow Forge Strategic Partnership to Enhance Healthcare and Research

(IN BRIEF) NHS Lanarkshire and the University of Glasgow have formalized a Strategic Partnership Agreement to transform healthcare delivery, advance clinical research, and improve health outcomes across Lanarkshire. This collaboration will focus on reducing health inequalities, enhancing patient care, and … Read the full press release