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BP and the Chinese Academy of Sciences (CAS) today agreed to establish the Clean Energy Commercialisation Centre (CECC) joint venture in Shanghai, jointly investing some RMB500 million ($73million) to commercialise Chinese clean energy technologies.
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G-Nortel announced that it has closed the acquisition of Novera Optics Inc., a developer of fiber-optic access solutions that extend high-speed carrier Ethernet services from optical core networks to customer premises.
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The Dow Chemical Company (NYSE: DOW) and Petrochemical Industries Company (PIC) of the State of Kuwait, a wholly owned subsidiary of Kuwait Petroleum Corporation (KPC), continue to make progress on their $11 billion proposed 50:50 joint venture.
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Motorola, Inc. through Motorola Ventures, its strategic venture capital arm, today announced that it has made a strategic investment in INSIDE Contactless, a world leader in contactless payment chips and near field communications technologies for mobile devices.
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