Industry Intelligence
Information Technology coverage of software platforms, digital transformation, human resource systems, legal technology, and other solutions shaping modern business operations.
Robot Consulting has appealed a Nasdaq determination to delist its American Depository Shares. The appeal is pending before a Hearings Panel, while the existing trading halt remains in effect.
Ryde Group has proposed acquiring an initial 10% stake in OneT Solutions through cash and newly issued Class A ordinary shares, with further conditions still outstanding.
Cypher Metaverse has announced a non-brokered private placement linked to its proposed business combination with Noninvasix and Cypher Subco Inc.
Intelligent Protection Management Corp. has entered into a definitive agreement to acquire Advanced Technology Distributors’ information technology and managed services business for purchase price of up to $2.7 million, subject to customary adjustments and closing conditions.
Peraso Inc. reported a functional validation of 60 GHz mmWave connectivity between a humanoid robot and an edge AI server, with sustained data rates of approximately 500 Mbps uplink and 100 Mbps downlink.
Peraso Inc. has announced a production order valued in excess of $2.0 million from an unnamed network equipment manufacturer for fixed wireless access systems using its 60 GHz technology.
Bluesky Digital Assets Corp. will not proceed with its proposed acquisition and fundamental change transaction with ChessGold Inc. The company also announced changes to its board and executive leadership.
MicroVision and Blue-Band will combine lidar technology, traffic analytics and infrastructure software under an exclusive strategic alliance focused on intelligent transportation systems.
INEO Tech Corp. expects preliminary first-quarter fiscal 2027 revenue of more than $1.3 million, while Adjusted EBITDA is expected to fall between negative $50,000 and positive $50,000.