TSMC, Bosch, Infineon, NXP jointly invest in European semiconductor company; expected investments to exceed €10B

TSMC, Robert Bosch, Infineon Technologies, and NXP Semiconductors have announced plans to jointly invest in the European Semiconductor Manufacturing Company (ESMC), located in Dresden, Germany. 

HCLTech to acquire German automotive company ASAP for about $280M

HCLTech has signed a definitive agreement to acquire ASAP, a German provider of automotive engineering services, for an enterprise valuation of €251.1 million or roughly $279.83 million.

Hawk AI raises $17M (Germany)

Hawk AI, a provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, has raised $17 million in a Series B funding round.

Nokia to lead KOMSENS-6G

Nokia will lead the German Federal Ministry of Education and Research’s (Bundesministerium für Bildung und Forschung, BMBF) KOMSENS-6G project. The project aims to drive global pre-standardization activities from a German and European perspective,...

Germany’s ‘sovereign cloud’ is coming—and it’s provided by Google — Fortune

When the countries announced plans for a European cloud network called Gaia-X a couple of years back, the idea was for European enterprises not...