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China's Lenovo Group and Japan's NEC agreed to extend their joint venture agreement through 2026. The agreement signed by the two parties included amendments to the initial transaction. Amendments to the NEC brand license agreements stated that the parties to the NEC brand license agreements entered into the NEC brand license amendment agreements on October 7, 2014, to extend the terms of the NEC ...
China Huaxin Post & Telecommunication Economy Development Center formally announced that the company has completed the acquisition of Alcatel-Lucent Enterprise, a subsidiary of Alcatel-Lucent. China Huaxin and Alcatel-Lucent have jointly established a controlling company, which will be responsible for the global operation of Alcatel-Lucent's enterprise business. China Huaxin holds a 85% stake in the ...
Chinese technology company Inspur and American open source manufacturer Red Hat have reached a strategic deal to combine Red Hat's latest-generation enterprise operating system Red Hat Enterprise Linux 7 with Inspur's X86 platform products. According to the agreement, Inspur and Red Hat will become OEM partners. The OEM partner designation is the highest partner rank for Red Hat and Inspur will ...
American electric car maker Tesla has entered the Chengdu market and reportedly delivered its products to consumers in the city. The company also launched its first super charger facility in Chengdu, which is the company's 17th in China. Tesla's service center in Chengdu will reportedly become the company's first service center in the southwestern region of mainland China. In April 2014, ...
Chinese telecom device maker Huawei acquired Neul, a Britain-headquartered Internet of Things technology provider, for USD25 million. As a company focusing on the research and development of Internet of Things technologies and products, Neul is known for its "Weightless" platform, which offers super-low energy consumption air interfaces for products like smart testers and street lights. It ...
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