•Keysight Technologies has completed the acquisition of VPIphotonics to integrate system-level simulation into its photonic design automation portfolio.
•The acquisition aims to address surging demand for silicon photonics and co-packaged optics in data center and AI infrastructure markets.
•Jazz Pharmaceuticals signed a research collaboration and licensing agreement with Canada's AbCellera to develop T-cell engaging multispecific antibodies for cancer.
•The total potential value of the deal between the two companies is worth up to $876 million.
•Morningstar's wealth division partnered with Apollo, Franklin Templeton, and J.P. Morgan Asset Management to launch portfolios blending private and public market exposure.
•The Italian government has granted conditional approval for a joint venture between defense group Leonardo and Turkey's Baykar to produce unmanned aerial vehicles.
•Rogerio Ceron, executive secretary of Brazil's Finance Ministry, stated the country will end diesel and gasoline subsidies if crude oil prices stabilize around $80 per barrel.
