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Five Things to know on an unforgettable date

Five Things to know on an unforgettable date

Holy moly, it’s Tuesday. Weird, right? We’ve got a lot to do so we’ll get right into it. Have a good one. Buying in Flir continued a year in which it’s making investments in various strategic partner. Today, we’re talking about a Denver company that Flir out-and-out bought. The move gives Flir more inroads in roads (ouch) software and other such tech. Update The fate of Unity Center remains at the top of health care regulators’ minds. The Center’s issues, via the Oregon Health Authority, include…

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Flir keeps busy with transportation software company purchase

Flir keeps busy with transportation software company purchase

For the third time this year, Flir Systems Inc. has steered money toward a new partner. In this case, Flir (Nasdaq: FLIR) purchased Denver-based Acyclica Inc., which makes “automotive roadway and intersection data generation and analysis” software. Essentially, Acyclica provides real-time traffic information to municipal departments that address congestion and other road issues. The move “adds a new sensing platform and a data analytics software element to our mission to provide complete and…

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Google AI executive at the center of Project Maven is quitting

Google AI executive at the center of Project Maven is quitting

A Google executive widely regarded as one of the company’s top minds in artificial intelligence is stepping down, after less than two years on the job, the company said in a blog post Monday. Fei-Fei Li will be replaced by Andrew Moore, a former Googler who currently heads up the school of computer science at Carnegie Mellon University. Earlier this year, Li found herself at the center of an internal debate over whether Google should have agreed to participate in Project Maven, a Pentagon effort…

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Japanese chip giant snaps up San Jose chipmaker IDT in $6.7B cash deal

Japanese chip giant snaps up San Jose chipmaker IDT in $6.7B cash deal

Japanese chipmaker Renesas is buying San Jose-based Integrated Device Technology in a cash deal worth $6.7 billion, the company confirmed late Monday. Shares of IDT jumped another 11 percent ahead of the opening bell on Tuesday. They’re up about 24 percent since late August, when details around the potential deal first emerged. Renesas will buy IDT for $49 per share in cash, largely financed through bank loans. The deal is subject to regulatory approval in Japan, the U.S. and other major markets. IDT…

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