A.P. Møller - Mærsk A/S announced that, in respect of its agreement with Devon Energy (Devon) for the purchase of certain deepwater Gulf of Mexico assets, the partners in the Cascade field and the St. Malo field had exercised their preferential purchase rights and that Maersk Oil was considering its options under the purchase agreement with respect to the Jack field.
Monday, February 15, 2010
Maersk Oil - Jack field acquisition
Ixia and Rohde & Schwarz Team Up to Achieve Ground-breaking Advancements in LTE Network Quality Assurance
IXIA today announced that it will demonstrate its IxCatapult LTE multi-UE simulator using the R&S®CMW500 LTE protocol tester operating as an LTE base station emulator. The demonstration will take place in Ixia’s booth (1C62) at Mobile World Congress in Barcelona from February 15 through 18. Ixia’s IxCatapult multi-UE simulator is used by eNode B manufacturers and service providers to assure in-depth quality from their wireless nodes. The R&S®CMW500 LTE protocol tester supports the latest developments in the LTE standard and is the most comprehensive testing solution for LTE handset development.
Kronos® Ranked #1 Vendor in Workforce Management
Kronos today announced that it ranked as the number one vendor in the Worldwide Workforce Management Applications listing in IDC’s “Worldwide HCM Applications Vendor Shares” report based on 2008 software revenue. Kronos also ranked as a top vendor in the Worldwide eRecruiting listing published in the same report. The report was published in December 2009.
Bupa Health Assurance increase in new business
Bupa Health Assurance saw a 24 percent increase in new business applications in 2009.
Steve Payne, director of Bupa Health Assurance said: "We are delighted with these results particulary in the current economic climate and anticipate this trend continuing as we introduce enhancements to our products which will make intermediaries’ work even easier.
Virtusa names new Senior VP
Virtusa Corporation, a global IT services company that offers a broad spectrum of business consulting, IT services and IT outsourcing, today announced the appointment of Sudheer Mareddi as the company’s Senior Vice President (SVP) – Managed Services SBU.
Patni Q4 net jumps to Rs 188 cr
Software exporter Patni Computer Systems Limited today announced that its consolidated net profit for the fourth quarter ended December 31, 2009 stood at at Rs 188 crore, more than double compared to the net profit of Rs 78 crore in the fourth quarter of FY08 as per the US accounting rules. Compared to the previous quarter net of Rs. 1,71.57 crore, it is up by 13.5 per
Patni close to clinching 2 deals worth $500 mn
Patni Computer Systems has a fighting chance of regaining some of its lost glory as a leading software exporter, a position it once enjoyed before it was overtaken by rivals.
MphasiS appoints India head
Bangalore based Mphasis , the information technology solution and service company, has appointed Rajiv Singh as Regional director to head its Indian operations.
Infosys to design informatics for U.S. biotech company
Infosys Technologies and San Francisco-based Elan Pharmaceuticals Thursday formally announced a partnership agreement under which the Indian software giant will design and implement a new research informatics system (RISe) for the latter.
Sunday, February 14, 2010
Extreme Networks offers next-generation datacenter products
Extreme Networks is now offering next-generation datacenter products to enable the migration to virtualised datacenters and new infrastructure solutions that feature high scalability, performance and simplicity, reports Tech World
Logitech unveils Wireless Desktop MK710
To help users enjoy a comfortable and hassle-free laptop experience, Logitech has introduced the Logitech Wireless Desktop MK710 - the first keyboard-and-mouse combination to feature up to three years of battery life for both the keyboard and mouse, as well as the tiny Logitech Unifying receiver, comfortable Logitech Incurve keys and hyper-fast scrolling for the mouse
Cognizant net income in fourth quarter up 28%
Cognizant Technology Solutions’ fourth-quarter net income rose to $144 million (Rs 662.4 crore), up 28 per cent from $112.3 million (Rs 516 crore in the same period last year. Revenue rose to $902.7 million (Rs 4,149.2 crore) from $753 million (Rs 3,463.8 crore) last year, an increase of 20 per cent.
SAP CEO resigns after poor earnings report
SAP AG Chief Executive Officer Leo Apotheker unexpectedly resigned after the world’s largest business-management software maker’s supervisory board decided not to extend his mandate.
Oracle Launches Worldwide Cloud-computing Tour
Oracle has officially put both legs on the cloud-computing bandwagon, recently launching a roughly 50-date global road show on the topic for developers and system administrators.
Oracle pushes PaaS cloud computing
When it comes to cloud computing, many enterprises are looking at the software-as-a-service (SaaS) distribution model. But at Oracle Corp, cloud computing is more than that, it is also a platform-as-a-service (PaaS).
PaaS refers to an application development and deployment platform — delivered as a service to application developers, who use the platform to build, deploy and manage SaaS applications, Oracle explained.
Zensar Tech may go for one big acquisition by September
Zensar Technologies will complete at least one $40-85 million acquisition by September.
“We are looking at companies in the US and India. We will either completely acquire or pick majority stake in the target company,” Dr Ganesh Natarajan, Vice-Chairman and Chief Executive Officer of Zensar Technologies, told Business Line.
Genpact acquires Symphony Marketing Solutions
Genpact Limited, a provider of business processes management solutions, acquired Symphony Marketing Solutions Inc. (SMS), a provider of analytics and data management services.
Sales of Notebook surge ahead at the cost of desktops
With Notebook computers (or laptops) are getting more popular, that too at the expense of desktop computers, the sales of laptops have surged ahead. Notebooks and netbooks have recorded a consumption of 11 lakh units for the first half (April-September) of the financial year 2009-10, growing 43 percent over the same period last year
IT service providers' margins may take a hit on new EU tax
The new value-added tax (VAT) rule introduced by the European Union from January this year, will make offshoring costlier for banking and healthcare customers in the region by up to 15%, and squeeze margins of India’s top tech firms including Tata Consultancy Services (TCS), Infosys and Wipro
Without Flash, Apple users aren’t well served - Interview with Shantanu Narayen,president and CEO, Adobe Systems
Interview with Shantanu Narayen,president and CEO, Adobe Systems, in an in-depth interview responds to Apple’s Steve Jobs’ comments and talks about why he thinks Adobe will continue to be successful:
Friday, February 5, 2010
Radware LTD. Announces Q409 Results
Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today reported quarterly revenues of $32.1 million for the fourth quarter of 2009. This represents an increase of 10% compared with revenues of $29.2 million for the third quarter of 2009 and an increase of 29% compared to revenues of $24.9 million for the fourth quarter of 2008.
NetApp Highlights Global Partnerships and Leads Industry Discussions Around Ethernet Storage and Data Center Trends in February 2010
In February, NetApp (NASDAQ:NTAP) will take part in several industry events, including industry association Webcasts and partner events. During these events, NetApp will demonstrate its leadership in virtualization technology, Ethernet storage, and data center architecture.
NetApp Appoints Christine Heckart Chief Marketing Officer
NetApp (NASDAQ: NTAP) today announced the appointment of Christine Heckart to the role of chief marketing officer (CMO). Effective immediately, Heckart will be responsible for all aspects of NetApp's global
Rush Memorial Hospital Improves Community Healthcare with Healthland Electronic Medical Records Solution
Healthland, America's market leader of healthcare information solutions for small community and critical access hospitals, announced today that Indiana-based, Rush Memorial Hospital has completed implementation of the Healthland Electronic Medical Records (EMR) solution.
Bupa expands in Andalucía, Spain
A new sales and support centre for Bupa International, the leading international expatriate health insurer, has opened in Fuengirola near Malaga, southern Spain.
Located on Calle Santa Rosa, Fuengirola’s main thoroughfare, the new walk-in centre has more than doubled in size and the expanded team of 12 staff now support Bupa International and ihi Bupa customers and distributors in Europe, the Middle East, Sub Saharan Africa, Spain and Gibraltar
Aitken Spence Q3 Profits up by 14%
Interim Results of Aitken Spence PLC for the third quarter ended 31 December 2009
Aitken Spence PLC released its third quarter financial results to the Colombo Stock Exchange today, showing a10 per cent rise in pre-tax profits to Rs 914 mn and a 14.3 per cent rise in profit ...
MindTree Executive Chairman Ashok Soota Receives Prestigious Golden Peacock Award for Technology Leadership – 2010
MindTree co-founder and Executive Chairman Ashok Soota was conferred the Golden Peacock Award for Technology Leadership - 2010 for his ‘outstanding achievements and leadership qualities’.
Zylog Systems net up 19% in Q3
Zylog Systems Ltd has reported a 19 per cent increase in net profit to Rs 25 crore for the third quarter ended December 31, 2009, compared with Rs 21 crore for the corresponding quarter last year. Revenue was up 4 per cent to Rs 202 crore (Rs 195 crore).
Mastek shares down 7 percent
Mastek ended the trading among top losers of the day with loss of Rs. 29.80 (7.27 percent). The company had started trading today at positive note, but failed to gain the investors' faith and ended trading at Rs.380.25. In all 33,694 shares were traded throughout the day with current P/E ratio at 12.75. The stock chart for 52-weeks is given on left.
Intelligroup Becomes Oracle(R) PartnerNetwork Platinum Level Partner
Intelligroup, Inc., an information and technology and outsourcing services provider principally focused on enterprise resource planning (ERP) and extended ERP solutions, announced that it has achieved Platinum Partner status in the Oracle® PartnerNetwork. By attaining Platinum Level membership, Oracle has recognized Intelligroup for its in-depth expertise in delivering high quality services and for addressing the challenges of joint customers in the high-tech, life sciences, manufacturing, consumer products, and other verticals.
Infosys to design informatics for U.S. biotech company
Infosys Technologies and San Francisco-based Elan Pharmaceuticals Thursday formally announced a partnership agreement under which the Indian software giant will design and implement a new research informatics system (RISe) for the latter.
VIVA Communications launches internet based voice and video services
VIVA Communications, a venture in the converged IP communication solutions space promoted by an Indian-born serial entrepreneur, is rolling out internet based voice and video services such as HD Voice solutions, IP Centrex, IP video and audio conferencing, remote and rural broadband, IP surveillance, along with WiFi services as well.
Zylog acquires Canadian firm for Rs 150 crore
Zylog Systems, Chennai based Global technology integrator and business solution provider with more than 2000 employees worldwide, has announced the acquisition of Brainhunter, a consulting and engineering services company in Canada for Canadian Dollar 35 Million (Rs 150 crore).
It was done through the company’s creditors arrangement Act ( CCAA) bidding process where Zylog emerged as the successful bidder. The 20 year old Canadian company has major presence in Government, telecom, BFSI and oil & pipeline verticals.
Genpact acquires Symphony Solutions
Genpact, the country’s largest pure-play business process outsourcing (BPO) company, today acquired Bangalore-based analytics and data management services provider Symphony Marketing Solutions (SMS). Though the deal size was not disclosed, analysts peg the deal to be around Rs 450-500 crore and the SMS’ revenue to be around Rs 300 crore.
IBM Acquires Initiate Systems
IBM acquired Initiate Systems, a privately held developer of data integrity software applications for the healthcare and government markets.
IT majors register 17% revenue growth in domestic market for Q3
Top Indian software companies seem to be getting their bearings right as they slug it out with multinational firms such as IBM and Accenture for a slice of the domestic software services market.
For the quarter ended December 31, the troika of Tata Consultancy Services, Infosys and Wipro has seen its India-focused units register a combined year-on-year growth of 17 per cent and sequential .
Subscribe to:
Comments (Atom)