Mar
21
2024
Jim Frazer — Company and Product News

Talos Energy Announces Divestiture of Talos Low Carbon Solutions Subsidiary to TotalEnergies

Talos Energy Inc. announced that it has entered into an agreement for the sale of its wholly owned subsidiary, Talos Low Carbon Solutions LLC ("TLCS"), to TotalEnergies E&P USA, Inc. for a purchase price of $125 million plus customary reimbursements, adjustments and retention of cash, combined totaling approximately $148 million.
Mar
19
2024
Craig Resnick — Acquisition or Partnership

Schneider Electric Collaborates with NVIDIA on Designs for AI Data Centers

Schneider Electric announced a collaboration with NVIDIA to help further optimize data center infrastructure and help to pave the way for additional advancements in edge artificial intelligence (AI) and digital twin technologies in AI Data Centers.
Mar
18
2024
— Project Success Story

LTTS Improves and Transforms the Driving Experience

An automotive major with multi-geography operations across North America, Europe, and Asia. The client was looking for concept design of common Power Electronics Control Unit (PEU) for controlling traction motor, compressor motor, water pumps, oil pump and stepper motor valves.