MEDICAL device developer Biosensors International Group Ltd has signed an agreement to acquire substantially all assets of Spectrum Dynamics for about US$51.1 million. It will make further payments of up to US$4 million in 2014, and up to US$15 million in 2016 to Spectrum Dynamics, if certain performance benchmarks are met, Biosensors said yesterday. Under the deal, the two companies will create...

SHIPMENTS of tablets will reach 172.4 million units this year and jump to 282.7 million units by 2016, according to International Data Corporation. The rise has been prompted by several factors including connectivity and the provision of information at people s fingertips.Connectivity engenders being socially connected, allowing for collaboration and the sharing of ideas.From a corporate...

THE BMW Group is bringing in its research capabilities to Singapore through the establishment of a Future Mobility Research Lab here, the first of its kind in South east Asia for the premium car manufacturer. Launched officially yesterday, the research facility is a joint initiative with Nanyang Technological University (NTU) and will host five full time scientists and six PhD researchers. The...