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Hollysys Automation Technologies Announces Another Significant High-Speed Rail Signaling Contract Win Valued At RMB 118.7 Million

2015-08-07 06:04:41| plantautomation News Articles

Hollysys Automation Technologies, Ltd. (NASDAQ:HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, announced today that it signed a significant contract to provide Automatic Train Protection (ATP) equipment and system for high-speed trains in 200-250km/h and 300-350km/h respectively, valued at approximately RMB 118.7 million or USD $19.4 million

Tags: significant million win contract

 

Audi, BMW, Daimler buying Nokia's HERE map business in deal valued at 2.8 billion euros

2015-08-06 06:00:16| Wireless - Topix.net

A consortium of German automakers Audi, BMW and Daimler announced Monday it is buying Nokia Corp.'s HERE map business in a deal that values the unit at 2.8 billion euros and secures their access to technology that could eventually be used for driverless cars. Nokia, based in Finland, has refocused its business on producing equipment for wireless networks after selling its mobile phone handset operation to Microsoft Corp. The company said it expects to receive slightly over 2.5 billion euros from the sale, with the purchasers being compensated for HERE liabilities totalling nearly 300 million euros.

Tags: map business deal buying

 
 

Audi, BMW, Daimler buying Nokia's HERE map business in deal valued at 2.8 billion euros

2015-08-06 04:08:47| Telecom - Topix.net

A consortium of German automakers Audi, BMW and Daimler announced Monday it is buying Nokia Corp.'s HERE map business in a deal that values the unit at 2.8 billion euros and secures their access to technology that could eventually be used for driverless cars. Nokia, based in Finland, has refocused its business on producing equipment for wireless networks after selling its mobile phone handset operation to Microsoft Corp. The company said it expects to receive slightly over 2.5 billion euros from the sale, with the purchasers being compensated for HERE liabilities totalling nearly 300 million euros.

Tags: map business deal buying

 

Thor Industries Is Fairly Valued At $60

2015-08-05 01:03:40| Mobile Homes - Topix.net

Thor Industries is an excellent company with solid entrepreneurship and a management team which is capable of weathering many economic downturns as it did in the past. Thor Industries is a large American manufacturer of recreational vehicles.

Tags: industries fairly valued thor

 

Woman, 24, Nabbed For Theft Of 'Glass Vibrator Valued At $24.99,' Police Report

2015-07-29 00:30:18| Apparel - Topix.net

The 24-year-old Floridian was arrested Saturday after she stashed a "glass vibrator" in her purse and walked out of a Spencer's gift shop at a Vero Beach mall, cops charge . After entering the store, Lowe "went to the adult section in the back," where she "selected a glass vibrator valued at $24.99."

Tags: report woman glass police

 

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