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Autonomy will tie together aircraft, sensors, payloads, and human operators capabilities to enable humans to move from “operator” of one system to “manager” of many.

By Reuters Staff 1 Min Read (Reuters) - UK-listed investment company 3i Infrastructure said on Thursday it has agreed to invest 182 million euros ($213.23 million) for a 60% stake in German telecommunications provider DNS:NET. 3i Infrastructure, which is buying the stake from private equity fund Deutsche Beteiligungs AG, said it will also provide additional funding for the future growth of the business. The deal is expected to be completed in June 2021. ($1 = 0.8535 euros)

3i Infotech has completed the slump sale of the global software products business of the Company (including its worldwide subsidiaries other than the sale of such business of its subsidiaries in Saudi Arabia and Thailand, the completion of which is to occur separately subject to regulatory approvals) on a going concern basis to Azentio Software (and its affiliates) (Buyer), pursuant to inter alia the business transfer agreement dated 28 December 2020 executed between the Company and the Buyer. The company plans to utilize the sale proceeds for the following purposes: (i) repayment of outstand...

Read more about Information Technology shares gain on Business Standard. Information Technology stocks were trading in the positive zone, with the S&P BSE IT Sector index rising 383.19 points or 1.54% at 25332.5 at 09:48 IST.

Read more about Information Technology shares fall on Business Standard. Information Technology stocks were trading in the negative zone, with the S&P BSE IT Sector index falling 202.55 points or 0.84% at 23953.09 at 13:48 IST.