Technology firm Current Affairs, GK & News

Apple acquires GPS firm Coherent Navigations

Tech giant Apple has acquired Global Position System (GPS) firm Coherent Navigation to improve its mapping capabilities. Coherent Navigation’s technology will be used by Apple to significantly enhance its Apple Maps product which is struggling to provide accurate location information. Coherent Navigations is a company focused on hyper-accurate GPS and its navigation system provides accurate ..

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Telangana Government inks MoU with Google to build biggest campus outside US in Hyderabad

Telangana Government has inked a Memorandum of understanding (MoU) with tech giant Google Inc to build biggest campus outside US in Hyderabad. The MoU was signed between Telangana Secretary of IT Jayesh Ranjan and his counterpart David Redcliffe, Google’s global head of facilities and workplace in Google headquarters at Mountain View in USA. On completion, ..

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Zomato acquires NexTable

Online restaurant guide Zomato has acquired United States (US) based online table reservation platform NexTable for undisclosed amount. It is Zomato’s ninth acquisitions since past nine months. This acquisition also comes shortly after Zomato had acquired MaplePOS, a cloud-based POS product for restaurants on 14 April 2015. NexTable services help its users make restaurant reservations ..

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MakeMyTrip acquires travel startup website Mygola.com

Online travel services provider MakeMyTrip.com has acquired Mygola, a startup travel guide firm. The acquisition was done through MakeMyTrip’s Innovation Fund, which invests in early-stage or start-up companies in the travel technology space. With this acquisition, MakeMyTrip will get a greater foothold in the mobile space as Mygola’s entire team has joined them. Mygola was ..

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Nokia announces to buy Alcatel- Lucent

Finnish telecom network equipment maker Nokia on 16 April 2015 announced acquisition of French telecom network firm Alcatel- Lucent. This merger will create the world’s largest supplier of telecom equipment’s that powers mobilephone networks by surpassing Ericsson and Huawei. As part of the deal, The merged entity will be called Nokia and current Nokia Chairman ..

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