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“The Spirent Board intends to unanimously recommend this all-cash offer, which not only represents an attractive outcome for Spirent Shareholders, but also provides a significant opportunity for employees, customers and other stakeholders through what is a highly strategic and highly complementary combination,” said Sir Bill Thomas, Chairman of Spirent.

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Subramanian Sarma, Whole-time Director & Sr EVP (Energy), L&T said: “The indigenously manufactured electrolyser marks a transformative leap towards clean energy, positioning us to lead not only in the domestic market but also globally. This advancement significantly bolsters our offerings across the value chain, showcasing L&T as a global force in the clean energy space”.

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Toyota Motor Corporation has agreed with Panasonic Holdings Corporation (Panasonic HD) to make Primearth EV Energy Co., Ltd., a wholly owned subsidiary in order to strengthen its capabilities in mass-producing automotive batteries. The acquisition is scheduled to take place in late March.

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“TTS is the pioneer in V2X services, and over the past 10 years, this team has established relationships with public traffic agencies and traffic control companies around the world to make V2X a reality,” said Miovision CFO Joe Custer.

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