Renault is considering R&D outsourcing to save EUR 100-200m annually. The company currently works with approximately 15 ER&D vendors and wants to reduce its number of preferred partners to five.
Akka Raises EUR 175m in Convertible Bonds. But Why?
We don’t usually comment on the financial performance of ER&D service vendors beyond their financials. But this time, this is a little bit different: Akka Technologies raised yesterday EUR 175m in convertible bonds, a significant amount for Akka, which has a market cap of EUR ~EUR 1.2bn.
Assystem In Line in Q3. Continues to Review its Non-Nuclear Operations
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Alten Points to Slowing Market in 2020 Despite Good Performance in Q3 2019
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Altran in Q3 2019: North America Soft Despite Reassuring Telecom Business
Altran’s CC/CS revenue growth in Q3 2019 reached +6.0%, to EUR 779m. The company slowed down somewhat from Q1: +8.1%, and Q2: +6.8%, despite the improvement in its operations in North America.