Swiss-based international commodity trading company Glencore, through its Singapore-based subsidiary Singfuel, has taken a controlling 50.81% stake in global bunker trader and supplier Chemoil
Friday, December 18, 2009
Glencore take control of Chemoil
Maersk Group sells Norfolkline to DFDS
A.P. Moller - Maersk Group and DFDS have agreed that DFDS will acquire 100 percent of the shares in ferry and logistics company Norfolkline
HDN Renews Delivery Contract with Home Retail Group
Home Delivery Network (HDN), the UK’s largest shared user home delivery and collection company, is delighted to announce renewal of its contract with Home Retail Group (Argos & Homebase) for a period of 5 years.
HDN’s partnership with the group goes back to its GUS days and has continually demonstrated its ability to grow and adapt in a changing market. Introducing new services is fundamental to continued growth in this competitive arena
Radware Signs with Fuji Xerox for Distribution of Alteon Products in Japan
Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced it has entered into an agreement with Fuji Xerox Co., Ltd. which will continue to be a reseller of Alteon products, solutions and services throughout Japan. With this agreement, Radware aims to reinforce its relationship with Fuji Xerox and to expand its sales in Japan.
Aditi attains MS Mobility solns competency
Aditi Technologies, a leading provider of software product and application development services has attained Mobility solutions competency as part of Microsoft's Gold Certified Partner program.
Adobe LiveCycle gives business apps a shot in the arm
Adobe doesn't make enterprise business applications; but it does make those mission critical apps easier to use, accessible from mobile devices and quicker to build through its LiveCycle Enterprise Suite.
TCS Country Manager for NZ
Tata Consultancy Services has hired a new Country Manager for New Zealand. It has brought on board Mr John Mazenier, former Sun Microsystems Country Manager, to boost its presence in the local market there. Mr Mazenier would be reporting to Mr Varun Kapur, TCS General Manager for Australia and New Zealand. TCS has been present in New Zealand for about 15 years now. Infosys opened a Wellington office last week while Tech Mahindra already has a large operation there delivering New Zealand Telecom's new billing and CRM systems
Tata Elxsi centre gets certification
Tata Elxsi has announced that the automotive centre of excellence at the Technopark here has achieved the automotive SPICE organisational maturity level 5 certification. This assessment includes a certificate of assessment for process capability and organisational maturity. The assessment of Tata Elxsi's centre was carried out by a team of assessors led by Mr Alec Dorling and from Impronova, Sweden and KPMG. Announcing this, Mr Natarajan, Vice President–Automotive Practice, Tata Elxsi, said that over the years, Tata Elxsi has transformed into a trusted partner of choice for automotive OEMs, tier-1 suppliers, semiconductor and tool vendors.
Ramco eyes emerging markets for growth
Ramco has also launched on-demand enterprise resource planning (ERP) software, which is for use over the internet and has launched a subscription scheme for it.
Infosys opens development centre in Brazil
Infosys Technologies said it has opened a development centre in Brazil to service clients in that South American country as well as Brazilian subsidiaries of global customers.
India to be Capgemini's largest centre
Capgemini, the information technology services and consulting major, plans to add 6,000 people in India over the next 12 months, which will make this the company’s largest global centre, with over 26,000 employees. The company has a little over 20,000 employees at its headquarters in Paris.
HCL AXON signs 5-yr global IT deal with GlaxoSmithKline
HCL AXON, a division of HCL Technologies, on Wednesday said that it has signed a five-year global IT services deal with pharma company GlaxoSmithKline.
Wipro to partner Telefonica
Wipro Technologies, the global IT services business of Wipro Ltd, has entered into a partnership for an Out-tasking of Testing Services initiative with Telefonica O2 Germany, a European telecommunications company
Wipro ties up with Ariba Inc to accelerate spend management
Wipro announced its partnership with Ariba Inc, a leading spend management solutions provider, to help companies across India accelerate their spend management initiatives and the results that they deliver.
Under the terms of a newly formed alliance, Wipro will leverage Ariba's on-demand sourcing solutions to help its clients drive procurement process efficiencies and savings that positively impact their bottom line.
CommVault, Informatica Combine for New Data Archive
Automated storage provider CommVault entered into a partnership with database integration specialist Informatica to produce a new archiving package for large data sets that enables support for a number of top-tier enterprise databases and CRM or ERP applications.
‘Industry needs to revamp IT gear for new tax regime'
Even as the Empowered Committee of State Finance Ministers released the First Discussion Paper on Goods and Services Tax (GST), the trade and industry are worried about the necessary changes they need to make in their information technology solutions, supply chain management and staff training.
“Industries need to significantly change their accounting software in order to transition to the new tax regime. It is required to tackle issues such as CGST (Central GST) on State GST (SGST), SGST on CGST, and other aspects that involve tax inter-change with regard to goods and services,” Mr Lakshmi Prasad, Additional Commissioner (Commercial Taxes) of Andhra Pradesh, told Business Line
Cut costs to soar - Pankaj Narayan Pandit, Head, Airlines Practice, Sonata Software Ltd
With increased globalisation and opening up of the skies, the challenges being faced by domestic airlines are similar to those of their international counterparts, observes Pankaj Narayan Pandit, Head, Airlines Practice, Sonata Software Ltd. “The need now is to build cost-effective technology solutions that will deliver direct and immediate value to the airlines' business. These have to be built around frameworks or accelerators that are domain-specific and can result in direct ROI (return on investment),” he adds, during the course of a recent e-mail interaction with eWorld.
Monday, December 14, 2009
HCL inks $250m, 5-yr deal with News Corp UK
India’s fifth-largest IT company HCL Technologies announced a five-year deal with media conglomerate News Corp for managing its data centres and IT across UK newspapers like The Times, The Sun and The Sunday Times.
HP to buy 3Com for $2.7 bn
Hewlett-Packard Co is making a move into the telecom equipment market by striking a $3.1 billion deal for 3Com Corp, in a major challenge to Cisco Systems Inc.
The deal is the latest sign that technology giants from IBM to Oracle Corp are increasingly encroaching in each other's markets as they seek to become one-stop shops for computing, networking and storage equipment. Cisco itself this year pushed into the computer server market, of which HP is a major player
Symantec, Wipro tie up for data back-up services
Wipro Ltd inked a new partnership with Symantec Corporation to provide data back up and loss prevention, in addition to recovery infrastructure consultancy services.
Blue-sky thinking
Joseph Crawford and Christopher Gesell of Verizon Business say cloud computing offers a multitude of benefits for businesses today.
Radware Opens New R&D Center in India
Radware today announced the formal opening of a new research and development center at Bangalore in India, making it one of the Company’s three major worldwide R & D Centers.
“India is one of our key high growth engines and the opening of our new R&D center marks a strategic milestone in our growth strategy,” said Mr. Ilan Kinreich, COO Radware. “We have been hiring more professional staff who will be collaborating with our other R&D centers to better provide fast emerging and diverse solutions suited to customer needs. The move was based on India's greater synergy with the Asian region amid the economic reforms in India, as well as prompted by the presence of several major Indian customers that do business with Radware.”
Radware Appoints New Vice-President of EMEA
Radware the leading provider of integrated application delivery solutions for business-smart networking, today announced that it has appointed Mr. Shlomi Tenenberg as Vice-President of EMEA.
“We are pleased to have Shlomi on board. There is clearly significant growth potential in EMEA and with his strong experience and proven track record in the region, we are confident that Shlomi will lead the teams to increased sales opportunities,” stated Roy Zisapel, CEO Radware
Zebra Technologies Brings Mobile Printing Applications to Smart Phones...
Zebra Technologies a global leader in specialty printing and Automatic identification solution, announces the release of its ZebralLink Multiplatform software Development Kit (SDK) and smart phone utility.
MindTree Provides CUPPS Certification Services to ARINC Inc.
MindTree Ltd., a global IT Solutions Company, today announced that it has provided CUPPS (Common Use Passenger Processing Systems) certification services to ARINC Incorporated, helping the company qualify its vMUSETM passenger processing system. As one of the few companies in the world with the distinction of being a CUPPS Compliance Testing Entity (CTE), MindTree engaged with ARINC to conduct rigorous testing of vMUSE, to validate compliance with the CUPPS Technical Specification.
Wipro targets govt contracts abroad
Wipro, India’s third largest IT services company is planning to replicate its success in the government space in India. It is now courting the state sector across the world.
Netmagic Solutions Becomes an SAP® Hosting Partner in India
Netmagic Solutions, a leading managed services provider, today announced that it is an SAP® hosting partner and its hosting services have been certified by SAP AG. Netmagic Solutions is the first hosting partner for SAP in the Indian subcontinent
Netmagic Solutions Becomes an SAP® Hosting Partner in India
Netmagic Solutions, a leading managed services provider, today announced that it is an SAP® hosting partner and its hosting services have been certified by SAP AG. Netmagic Solutions is the first hosting partner for SAP in the Indian subcontinent
ICICI in talks to sell its 27% stake in 3i Infotech
The Rs 96,000-crore ICICI Group is in talks to sell its entire stake in 3i Infotech, as the financial conglomerate feels that the IT venture it incubated 16 years ago has become peripheral to its operations and matured enough to hold out on its own.
IBM wins multi-year contract from Consist Software
IBM has won a multi-year contract from Consist Software Solutions with a potential revenue in excess of $200m to enable Consist to standardize its applications on IBM software to enable the company expand to new markets including the US, Canada, Australia, the UK, Japan and South Africa.
Tech Mahindra to execute contracts for MTN, Etisalat
The Kolkata operation of Tech Mahindra (TechM), the telecom software arm of the Mahindra Group, is picking up steam. The company’s 1,000-member Kolkata team has just been asked to execute a string of mega telecom outsourcing contracts for South Africa’s MTN, UAE’s Etisalat and Saudi Telecom.
Infosys sets up U.S. unit to bid for govt deals
Infosys Technologies, India's second-largest software services exporter, has set up a wholly owned unit in the United States to win outsourcing deals from government departments, a senior official said.
"The subsidiary in the U.S. has been formally set up and now we have to commit a business plan and hire people there," Chief Financial Officer V. Balakrishnan told Reuters on Friday. "It's too early to talk about its business plan."
Microsoft to acquire healthcare specialist Sentillion
Microsoft has reached an agreement to buy out Sentillion, a privately held developer of software tools for the healthcare industry.
Financial terms of the deal were not disclosed. Sentillion offers identity and access management systems for healthcare environments. Its products include the Vergence single sign-on tool, proVision automatic provisioning system, and Tap and Go authentication system, reports Information Week
Patni expands actuarial BPO services
Patni Computer Systems has expanded its Actuarial Centre of Excellence (ACE) to provide consulting, risk management and actuarial services for insurance and financial services companies in an onshore and off-shore delivery model.
Patni sees Q4 revenue rising over 3 pc Q-o-Q
Mid-sized Patni, which is also listed in New York, is looking at acquisitions of companies whose revenues range from $150 million to $400 million, he said, adding a deal could be announced by December or January.
Zensar's growth strategy shrugs off recession
The mid-cap IT company’s top line has been growing in double digits. During 2008-09, when the IT industry was in the doldrums, Zensar’s top line grew 16 per cent and net profit was up 35 per cent on a year-on-year basis. This at a time when the overall net profit of mid-cap IT companies declined 14.3 per cent.
Friday, December 4, 2009
Healthland Brings Health IT Solutions to Healthcare Providers at HIMSS Regional Conferences
Healthland, America's market leader of healthcare information solutions for small community and critical access hospitals, announced today it will participate in the upcoming Healthcare Information and Management Systems Society (HIMSS) conferences, The ARRA Era - Takin’ HIT to the Streets, in Dallas, Dec. 4, 2009 and in Chicago, Jan. 15, 2010. The conferences are designed to help healthcare providers determine how to best invest and gain a return-on-investment on today’s healthcare information technology
Radware Leverages VMware Virtualization to Extend Its Application Delivery Solution for the Virtual Data Center
The leading provider of integrated application delivery solutions for business-smart networking, today announced it has built its vAdapter™ on the VMware platform. vAdapter is a free of charge, easy to deploy tool that ensures real-time, automatic synchronization of the application delivery controller (ADC) configuration with any relevant changes in the virtual environment. The solution is Radware’s newest addition to its application delivery suite, integrating with the company’s award-winning AppDirector and VirtualDirector products as well as with the Alteon Application Switch.
APM - Nordstjernan acquires part of Rosti
Nordstjernan AB (“Nordstjernan”) and Rosti A/S (“Rosti”) have agreed that Nordstjernan shall, through its wholly-owned subsidiary Stella Plastic Holding AB (“Stella”), acquire 100 percent of the shares in Rosti Technical Plastics Holding A/S (“RTP”).
The new merged Stella/RTP group, headquartered in Copenhagen, Denmark, will be named Rosti with Börje Vernet, presently CEO of Stella, as CEO. The merged company will have a turnover of over 150 MEUR and around 1800 employees.
Central Maine Healthcare Live on Kronos®
Kronos® Incorporated today announced that Central Maine Healthcare (CMH) is managing its more than 3,100 employees using Kronos time and attendance and HR and payroll applications. With labor amounting to more than 65 percent of its overall operating cost, CMH recognized a need to better measure and manage its labor costs and improve the productivity of all employees
Home Delivery Network NVQ Scheme Delivers Skills Boost
More than 70 colleagues at the Shaw-based national sort centre of Home Delivery Network - the UK’s largest dedicated home delivery and collection company - have successfully achieved Level 2 NVQ qualifications in warehousing and storage, team leadership and business administration.
The certificates were presented by senior management colleagues during a special ceremony at the Linney Lane facility. Home Delivery Network distributes more than 100 million parcels per annum to consumers across the UK from retailers including River Island, Sainsbury’s and online fashion store Asos
Patnis sell 0.3% stake
Patni Computer Systems shares continue to be sold by members of the promoter family.
Amit and Arihant Patni, sons of the company’s founder and non-executive Director, Gajendra K Patni, along with Sadhana Patni, wife of another founder, Ashok Patni, have sold shares accounting for a stake of about 0.3 per cent in the open market for a total value of Rs 17.66 crore.
Juniper to invest $400 mn in India in next five years
Leading IT and computer networking firm Juniper Networks said that it was viewing India as a strategic market with focus on BFSI, governments and telecom sector and plans to invest $400 million in total operations, including Research and Development, in the next five years.
Infosys grooming four billion-dollar babies to drive growth
Infosys Technologies Ltd expects four new businesses it entered in the past three years to each generate at least $1 billion (Rs4,620 crore) of revenue by 2013, as the company executes a strategy that will reduce its dependence on so-called low-end or commodity services where profits are low and competition, high
Three IT firms bag $600 mn WalMart deal
Walmart has selected three IT vendors in India — Infosys Technologies, Cognizant Technology Solutions and UST Global — for multi-year contracts worth over $600 million (around Rs 2,750 crore).
HCL eyes $100 million deals for managing systems
HCL Technologies, which won over $350-million contract from Reader’s Digest earlier this year for managing the publisher’s desktops and servers, sees several $100-million infrastructure outsourcing deals in the pipeline, as more customers seek to send their infrastructure management work offshore.
Cisco to go ahead with plan to buy Tandberg
Cisco Systems Inc said it plans to go ahead with its plan to buy Norway's Tandberg ASA, paving the way toward creating the world's leader in video conferencing equipment, although acceptances from shareholders were slightly below its target.
Cisco said about 89 percent of shareholders accepted the 19 billion Norwegian crown ($3.4 billion) deal. That was lower than the 90 percent Cisco had set as a minimum requirement, but the company said it would waive this condition.
IBM to buy start-up Guardium for $225 mln: Report
IBM, the world's biggest technology services company, is expected to announce this week the acquisition of database security start-up
Guardium for $225 million, Israeli financial newspaper TheMarker reported.
CSS, Aricent, Mindtree win Software Testing Leadership Awards
QAI, one of the world's leading consulting and workforce development firm addressing Operational Excellence, announced the much awaited Software Testing Leadership Awards.
CSS emerged as the winners. Their paper was about "Cloud Testing Go-Cloud based performance testing". Aricent were chosen as the first runner-up for the award for their paper on "Increasing Test Effectiveness Using 4P Approach and Statistical Models". The second runner-up spot was awarded to Mindtree for their paper on "Building an Automation Framework around Open Source Technologies."
Friday, November 20, 2009
Ixia buys Agilent's network testing unit for $44 Million
Ixia, a firm dealing in converged IP testing, has acquired Agilent Technologies' N2X data networks product line for $44 million. The deal includes customers and sales, research and development teams.
Zebra Technologies Announces Color Thermal Printing On-Demand
Zebra technologies Corporation a global leader in Speciallty printing and automatic identification solutions, announces the release of its IQ Color Thermal Labels to its extensive supply offering ...
Patni sees Q4 revenue rising over 3 pc Q-o-Q
Indian software services firm Patni Computer Systems is looking at a sequential revenue rise of more than 3 percent in the December quarter as it expects to get larger deals, its chief executive said.
"Growth is not what it has been used to be before, but it is better than what it has been recently," Jeya Kumar told Reuters in an interview late on Thursday.
Symphony names new sales chief
Symphony Service Corp., a global company specializing in software product engineering outsourcing services, today announced the appointment of Lee C. Fields as chief sales and marketing officer.
Fields would create and execute against a global client strategy designed to expand Symphony Services' leadership position across key markets including ISVs, companies with embedded software in their products and software-enabled businesses, said a press release.
Honeywell to open centre in India
US-based multinational company Honeywell plans to set up a new technology centre in India with an investment of $34 million.
The centre will also include labs for process and applications development for other specialty materials technology areas, including fluorine products and nylon materials.
TCS engg services business sees growth, begins hiring
Tata Consultancy Services, India’s largest information technology services provider, is witnessing positive movement in its engineering and industrial services (EIS), which was impacted by the economic slowdown.
Wipro tool facilitates remote healthcare
Wipro Technologies has announced the launch of a next generation medical gateway solution that aims to improve healthcare coordination between patients and their care providers.
Powered by Intel Atom processor, the solution enables users such as patients, doctors, and other healthcare professionals monitor, track and manage healthcare information from a remote location. It also allows real-time clinical review by capturing vital data from multiple medical devices such as blood pressure monitors, glucometers, weighing scales etc
HP to buy 3Com for $3.1 bn; Cisco rivalry heats up
Hewlett-Packard Co is making a move into the network equipment market by striking a $3.1 billion deal for 3Com Corp, in a major challenge to Cisco Systems Inc.
India's enterprise software market set to grow by 12%
Progress Software Corporation has announced that British Airways will use its SOA (Service Oriented Architecture) solutions for its travel programmes as it upgrades the IT systems. The new system is aimed at integrating over 600 different electronic systems and processes involved. "With 300 locations across the world, 25,000 users and 250 applications, British Airways wants to transform the travel experience," Mr Gordon Penfold, Chief Technology Officer of British Airways, said here in a statement. - Our Bureau.
Monday, November 9, 2009
Radware Ltd. announces record results and nomination of Chairman
Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today reported record quarterly revenues of $29.2 million for the third quarter of 2009. This represents an increase of 24% compared with revenues of $23.5 million for the third quarter of 2008 and an increase of 8% compared with revenues of $27.1 in the second quarter of 2009.
Net income on a GAAP basis for the third quarter of 2009 was $0.2 million or $0.01 per diluted share compared with a net loss of $8.5 million or $0.44 per diluted share in the third quarter of 2008.
Ixia's IxNetwork Validates Breakthrough Performance of Juniper's MX Series 3D Routers
IXIA today announced the results of performance testing of Juniper Networks (NYSE: JNPR) MX 3D Universal Edge Router conducted by the European Advanced Network Test Center (EANTC). EANTC selected Ixia’s IxNetwork solution to test the performance of Juniper’s MX 3D router, designed to address enterprise and service provider requirements for more flexible technology and business models
Reliance Comm Launches Cloud Computing Services
Reliance Data Center, a part of Reliance Communications (RCom), has launched a hosted infrastructure service based on the Microsoft platform for enterprises and small and medium businesses (SMBs).
The new service, 'Reliance Cloud Computing Services', will initially be offered from their Mumbai data centers.
MindTree net up 34% on forex gains
MindTree Ltd, provider of IT and R&D services, reported an annual net profit growth of 33.8 per cent for the September quarter, helped by foreign currency exchange-related gains. However, on a sequential basis, it declined 12.1 per cent.
Patni Computer promoters to take call on stake sale by January
Reviving plans to offload part of their holdings in Patni Computer Systems, promoters are studying offers from various companies, according to market sources. A clear decision on bids from various contenders for the promoter holdings, added the sources, was expected by January.
The three Patni brothers, non-executive chairman Narendra Patni and his younger brothers, Gajendra and Ashok, hold equal stakes totaling 48.3 per cent in India’s sixth-largest software exporter. Private equity company General Atlantic holds 18 per cent, while the rest is public.
Indian techie at HP starts portal to sell vegetables
A Hewlett-Packard (HP) engineer, RK Venkatesan, has started 'Veggie Bazaar', a web portal to order and buy vegetables, and deliver them to home on a 24 hour notice. Started in Chennai earlier in July this year, the portal has till now registered 3,000 users and made 7,000 deliveries at an average of Rs. 200 per order
Thinksoft Global recovers after a dismal debut
The Chennai-based firm had raised Rs 45.57 crore through the recently concluded IPO. Thinksoft Global Services' IPO ended on 1 October 2009 with subscription of 2.25 times. The IPO got bids for 82.12 lakh shares as against 36.46 lakh shares on offer.
Thinksoft Global Services had on 24 September 2009 extended the closing date of the IPO to 1 October 2009 from the earlier 24 September 2009 as the issue failed to garner sufficient subscription. Also the company had lowered its price band for its initial public offer (IPO) to Rs 115-125 per share from the earlier price band of Rs 120-130 per share.
Microsoft Launches Online Services to Provide on-demand e-mail and Collaboration Solutions for Customers in India
As a part of its continued emphasis to enable easy access to its cost effective business productivity software, Microsoft today announced commercial availability of Microsoft Online Services in India. Offering very attractive prices starting $2 per user per month, (excluding applicable taxes) this will allow SMBs and enterprise customers to access
Microsoft’s popular e-mail, collaboration, conferencing and productivity capabilities online
Cognizant net up 21 per cent
Even as IT bellwether Cognizant Technology Solutions raised its outlook for 2009-10, it reported a 21 per cent growth in net profit for the quarter ended September 30, 2009, to $136.6 million compared with $112.8 million during the corresponding period a year ago.
The Nasdaq-listed company’s revenue rose to $853.5 million from $734.7 million, an increase of 16 per cent from the year-ago quarter and 10 per cent sequentially (compared to the trailing quarter).
TCS bags £150-m deal from UK Govt body
Tata Consultancy Services is understood to have bagged a £150-million (Rs 1,164 crore) software implementation contract from the Cardiff City Council, its first win from the local government space in the UK
Sudha Murthy sells shares to fund Catamaran
Sudha Murthy, the wife of Infosys Technologies Co-founder N.R. Narayana Murthy, has sold two million shares of her holding in the IT bellwether for over Rs.430 crore (Rs.4.3 billion/$91.5 million), Infosys informed.
In 1981, Sudha sold her jewelery to give her husband Rs.10, 000 in seed money to start Infosys. This time the reason is again to fund her husband's latest venture, a venture fund called Catamaran.
Sasken buys Ingenient’s assets, product portfolios
Sasken Communication Technologies has acquired the product portfolio, some customer contracts and certain assets of the US-based Ingenient Technologies Inc, a provider of embedded multimedia software solutions.
As part of the deal, Ingenient will transfer 40 engineers in Chicago and sales team in Korea and Japan to Sasken
Mid-tier tech cos eye $2 bn local deals
With larger rivals already chasing the lucrative domestic market, mid-tier tech firms such as Patni Computer Systems and Hexaware are attempting to enter the market by jointly bidding with experienced bidders. India’s government departments and other state-owned firms are set to spend around $2 billion on IT during the next 12 months.
Hexaware, MindTree and Patni are among the many mid-tier Indian tech firms seeking to explore new business with an experienced partner. Hexaware, for instance, is pursuing 2-3 large deals as part of a consortium and several smaller ones on its own. The company’s strategy for the Indian market will be different from its strategy for overseas markets.
Monday, October 19, 2009
New partnership with Radware strengthens Pomeroy’s ability to offer advanced solutions ...
Radware the leading provider of integrated application delivery solutions for business-smart networking, today announced it has signed Pomeroy (NASDAQ; PMRY), a leading provider of IT infrastructure solutions focused on enterprise, network and end-user technologies, as a new Radware distribution partner; further expanding Radware’s foothold in the global application delivery market. By joining Radware’s distribution network, Pomeroy will have access to extensive training on the Radware-Alteon product line, increasing Pomeroy’s ability to offer advanced application delivery options to its customer base
Ixia Fortifies Offering in the Data Center Market with Storage Solutions
Ixia (NASDAQ: XXIA), a leading, global provider of IP performance test systems, today unveiled a new set of test solutions for data center testing. Ixia’s test solutions allow equipment manufacturers, data center operators and storage vendors to assess the functionality and performance of their Converged Enhanced Ethernet (CEE), Data Center Ethernet (DCE), Fibre Channel over Ethernet (FCoE), and Storage Area Network (SAN) devices.
Ixia to Demonstrate Innovations in IP Testing at Futurecom 2009
Ixia today announced that it will demonstrate significant advances in test technology at Futurecom 2009. With R&D resources located throughout the world, Ixia is a test industry leader, developing test technologies that enable network equipment manufacturers and service providers to deliver quality products and services to market faster. Featured technology demos at Ixia’s Futurecom stand, C47, include testing of converged wired and wireless IP networks, 10/40/100 Gigabit Ethernet test interfaces, router and switch test productivity with IxNetwork’s, large-scale application layer testing with IxLoad and Acceleron-NP and live network monitoring solutions with IxRave
Emulex and Ixia Announce Collaboration on Reference Guide for Testing Converged Network Adapters
Emulex Corporation (NYSE:ELX) and Ixia (Nasdaq: XXIA) have partnered to produce a definitive guide to the technological characteristics of Converged Network Adapters (CNAs) and the proper methodology for testing these new devices. The first release of this publication, Black Book Methodologies: Converged Network Adapters, is the fourth volume in a series of primers on technology and testing published by Ixia.
Sonata Software's net profit up 20 percent
Software solutions firm Sonata Software announced that its consolidated net profit is at Rs. 21.35 crore with a 20 percent growth sequentially. However, compared to the same quarter last year, there is a small decline in net profit from Rs. 21.63 crore to Rs. 21.35 crore. The revenue for the quarter is at Rs. 347.33 crore compared to Rs. 423.64 crore in the same quarter last year.
Zensar Technologies plans Rs40-crore share buy-back news
Zensar Technologies Ltd proposes to buy back up to 16.01 per cent of its aggregate paid-up equity share capital and free reserves for a total consideration of Rs40 crore.
Zensar Technologies said it would buy back 2,424,000 of its fully paid-up equity shares of the face value Rs10 each, at a price of Rs165 per share (payable in cash), for an aggregate amount of around Rs39.996 crore, from the existing shareholders of the company, through a tender offer
Zylog launches VoIP services in Gujarat
Zylog Systems India Limited, a software solutions and service provider, has launched its Voice over Internet Protocol (VoIP) services 'Wi5 Mega Talk' in Ahmedabad. The service will be available in all leading cities of the state. Customers can now experience a clear, undistorted communication with no lag or echo via a high-speed Internet connection at an extremely affordable cost.
MphasiS plans expansion in India
MphasiS Ltd, the India listed subsidiary of computer maker Hewlett Packard, plans to step up its focus in the domestic IT market where it is eyeing business from verticals such as healthcare, government, telecom and banking and financial services.
“We would like to grow our domestic business in India,” said Mr Ganesh Ayyar, Chief Executive Officer of MphasiS. “I believe that there are lot of services contracts in the Indian market, which truly reflect best global practices that could be exported,” he added.
Mastek net down 35.8% Y-o-Y
Earlier than expected ramp-down in the BT/NHS project, non-conversion of some of the deals impacted Mumbai-based IT product and services firm Mastek’s first quarter results ended September 30, 2009. Net profit of the firm was down 35.8 per cent at Rs 26.4 crore from Rs 41.18 crore in the corresponding quarter last financial year. Revenue for the quarter at Rs 191.4 crore dipped 26.8 per cent from Rs 261.6 crore for the same quarter last year.
MindTree wins MAKE award
MindTree Ltd., a provider in IT services, today announced that has been awarded the Asian Most Admired Knowledge Enterprise (MAKE) Award by Teleos, in association with The KNOW Network.
TCS wins Rs 2.93 bn IT project from MP Govt
Tata Consultancy Services, India's top software firm, has been selected as the lowest bidder for a 2.93 billion rupee ($63 million) project in the state of Madhya Pradesh, an official with the state power utility said on Thursday.
Accenture bags Postal Department deal
Global IT and consultancy firm Accenture said that it has bagged an order from the Postal Department to modernise the post offices across the country.
The financial details of the deal were not known. As per the modernisation contract, Accenture would design an enterprise IT architecture and migrate the Department of Post (DoP) to a more efficient IT system.
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