Saturday, September, 26, 2020 03:26:43

Category: Business

Fortinet expands partner-focused SaaS cloud offerings with FortiCloud

· Through the expansion, Fortinet would be facilitating the industry’s most extensive portfolio of SaaS & MaaS services. · The extensive portfolio of FortiCloud Services would enable customers to strengthen their security vendor numbers to streamline their threat correlation. Fortinet, a renowned Silicon Valley-based multinational …

Lowe’s acquires Boomerang Commerce’s retail analytics platform

Home improvement retailer Lowe’s Companies, Inc. has reportedly acquired the Retail Analytics platform from Boomerang Commerce in order to accelerate its technology capabilities and drive strong retail fundamentals. As per trusted sources, the company will incorporate the technology into its core retail business and strengthen …

IDT Australia announces venture into medical cannabis industry

Institute of Drug Technology (IDT) Australia Limited has reportedly announced that it will start producing cannabis and cannabis resin after securing a medical cannabis manufacturing license from Office of Drug Control. Reportedly, the company’s move into producing medicinal cannabis products will fit in with its …

Hyundai India & ALD Automotive team up to rollout car leasing service

The proposed flexible car leasing services would facilitate an attractive alternative to potential customers on owning cars. The leasing service, in its first phase, would be made available across Mumbai, Delhi NCR, Hyderabad, Chennai & Bangalore. Hyundai Motor India Ltd (Hyundai), a wholly-owned subsidiary of …

VMware to acquire Bitnami to provide a boost to its cloud strategy

Bitnami founders approved the proposed acquisition after discovering that the company would have to raise more venture capital in order to keep growing. Acquiring Bitnami provides a significant boost to VMware’s ongoing multi-cloud strategy pursuit. VMware, Inc., (VMware), a renowned publicly traded software virtualization firm, …

Pinduoduo plans to raise USD 1.5 billion to outcompete rival Alibaba

Pinduoduo plans to fuel its expensive & ambitious expansion plans by raising substantial capital The emerging e-commerce firm aims to raise USD 1.5 billion from Wall Street Pinduoduo’s shares plunged by over 6% after the declaration Chinese start-up Pinduoduo, a promising rival of e-commerce mammoth …

Rush Enterprises, Tallman Group enter truck dealership JV in Canada

Rush Enterprises, Inc., operator of North America’s largest network commercial vehicle dealerships, has confirmed that one of its subsidiaries has entered into a joint venture (JV) agreement with the biggest International Truck dealer in Canada, Tallman Group. The subsidiary of Rush Enterprises and Tallman Group …