About Author : Hrishikesh Kadam

Hrishikesh Kadam

A graduate in electronics and telecommunication engineering, Hrishikesh Kadam has always found writing fascinating. Driven by a never-ending passion for content creation combined with a bit of experience in writing personal blogs, Hrishikesh blends his technical knowledge and expertise to pen down articles for Business NewsUpdate and similar news portals.



Contribution by Hrishikesh Kadam

NEC buys Avaloq to reinforce digital wealth management solutions

Japan’s NEC Corporation has recently acquired Switzerland based digital banking, wealth management tech and banking software provider Avaloq. The deal is expected to accelerate the latter’s global expansion and value creation strategies f...

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Rescale rolls out the first multi-cloud intelligent control plane

Enterprise big compute leader, Rescale Inc., has reportedly rolled out the industry’s first multi-cloud and hybrid intelligent control plane to furnish new levels of R&D productivity, performance, and architectural control. According to Se...

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Pure Storage takes over Portworx to support Kubernetes & containers

Storage as-a-service solutions provider, Pure Storage, has reportedly signed an agreement for the acquisition of leading Kubernetes data services platform, Portworx, for an approximate sum of $370 million. The transaction is reported to be the larges...

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MaxLinear purchases intellectual property provider NanoSemi Inc

Leading integrated circuits provider, MaxLinear, Inc., has reportedly announced its takeover of NanoSemi, Inc., the forerunner in the provision of intellectual property, deploying patented machine learning techniques for the enhancement of power effi...

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Syncron introduces new solutions to enhance Syncron Service Cloud

Syncron has recently announced two new releases to make significant enhancements to its Syncron Service Cloud. The Syncron Inventory 20.1 and Price 20.2 solutions are designed to assist OEMs (original equipment manufacturers) in enhancing their liqui...

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Google Cloud announces new no-code business application platform

Google Cloud has recently introduced its new Business Application Platform, which does not require any coding. In addition, the platform includes API management as well as data insights and automation facilities. Building on Google Cloud’s pri...

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Orange and Ericsson team up to start 5G network services in Spain

The 5G services offered by Orange Spain in Barcelona and Madrid are powered by Ericsson 5G RAN & Core products and solutions. The network is being provided in the country’s  two largest cities after the telecommunication company’...

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09 Solutions joins forces with Samsung SDS for global expansion of SCM

AI-based SaaS provider, O9 Solutions, has reportedly joined forces with Samsung SDS for worldwide expansion of enterprise planning solutions and Supply Chain Management. Together, the two companies will widen their existing client relationships and d...

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Verizon closes first fully virtualized 5G data session in the US

Verizon has reportedly completed its first entirely end-to-end virtualized 5G data session in the United States. This achievement creates the foundation for the company to rapidly respond to its clientele’s diverse computing and latency require...

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