News

Venture capital deals and funding for the smart grid industry reached $142 million in value third quarter of 2014, almost double the amount of investments from the previous three months, market intelligence from Mercom Capital Group says. The report identified Savant Systems of New York as the top VC-funded company, which raised $90 million for its home automation portfolio in Q3 2014, followed by big […] More

Louis Berger has received a multi-year contract from the New York City Economic Development Corp. to support business recovery and infrastructure resiliency programs following Hurricane Sandy. The company said Monday it will also assess the potential impact of post-hurricane rebuilding initiatives on the city’s economy as well as cultural and environmental resources. “We look forward […] More

Airbus has chosen a Northrop Grumman subsidiary to manufacture attitude and heading reference systems for integration into multiple types of Airbus helicopters. Northrop Grumman LITEF is scheduled to start production of its LCR-350 AHRS for various Airbus-built helicopters in 2016, Northrop said Tuesday. Germany-based LITEF designed the technology to help pilots view aircraft heading and […] More

Capgemini Consulting and Altimeter Group have forged a partnership to develop research, thought leadership and technology offerings. Altimeter and Capgemini will jointly create content in innovation, digital transformation and digital customer experience and share their methodologies, frameworks and tools, Altimeter said Monday. “We see this partnership as a big win for our clients and the industry at large,” said Xavier Hochet, CEO of Capgemini […] More