Radware, a provider of integrated application delivery solutions for business-smart networking, has expanded its Alteon application switch product line with two new Ondemand switches, the Alteon 4408 and Alteon 4416, reports CXO Today.
Monday, March 22, 2010
Radware introduces new Ondemand switches
New director for Bupa's UK care homes
Oliver Thomas has been appointed as the director of Bupa’s UK care homes.
He will take over responsibility for all 304 nursing and residential homes across England, Scotland and Wales. Previously Oliver has been the regional director in charge of 93 care homes in London, the South East and Anglia
Ixia Joins Network Test Automation Forum (NTAF)
IXIA today announced that it joined the Network Test Automation Forum (NTAF) as a founding member. The NTAF is an industry-sponsored forum consisting of service providers, network equipment manufacturers, and test equipment vendors working together to facilitate and promote the interoperability of commercial testing solutions and test infrastructure for the data communications and telecommunications industry.
Zensar lines up $100 m for another overseas buy
Zensar Technologies, the IT services arm of the RPG group, is exploring yet another overseas acquisition. Mum’s the word in Zensar’s highest echelons about the target, but discussions are on and a deal is expected by December. If this indeed happens, it will be Zensar’s fifth acquisition
Virtusa names new SVP
Virtusa Corporation, a provider of IT services company, recently announced the appointment of Samir Dhir as the company’s senior vice president (SVP) and head of Global Delivery
Patni doubles hiring target on better demand
India`s sixth largest software exporter Patni Computer Systems has doubled its hiring target for the current fiscal in order to benefit from the improving demand for software and back-office outsourcing.
The company plans to hire up to 3,000 employees this year as against its earlier set target of 1,500, according Mr Jeya Kumar, Chief Executive Officer.
Persistent hits the market with its initial public offering
Persistent Systems Ltd, a Pune-based software services company, will hit the markets with its initial public offering (IPO) on 17 March 2010 and there has been a positive call from brokerages on its issue so far.
During FY10, the company’s earnings per share (EPS) will be around Rs25 compared to Rs21.41 in FY09. The forward price-earnings would be Rs11.92 considering the upper band of Rs310 per share. Mid-cap IT companies like Infotech Enterprises, Sasken Communications and KPIT Cummins Infosystems Ltd are currently trading at P/E ratios of 15.97, 7.29 and 10.99, respectively.
Adobe launches Flash Builder 4 and ColdFusion Builder
Adobe has announced the availability of Adobe Flash Builder 4 and ColdFusion Builder software, next generation Flash Platform tooling for building multi-platform rich Internet applications (RIAs). In addition, Adobe added a new Social service to the recently introduced Adobe Flash Platform Services. The Social service streamlines integration between Web applications and 14 leading social networks using Facebook Connect, Sign-in with Twitter, MySpaceID and LinkedIn.
Wipro plans to outdo IBM
Wipro may be the third largest Indian IT company the world over, but it is eyeing the No 1 spot back at home and has got a brand new strategy to outdo the current leader in Indian market, the big blue IBM.
Bullish is not quite what one expects Indian IT companies to be, given the slowdown in the west, but Wipro Infotech is banking big on the $20 billion Indian IT market.
Microsoft loses $106 mn patent verdict
A federal jury in Texas on Tuesday ordered Microsoft Corp to pay $105.75 million to VirnetX Holding Corp for infringing two patents for communicating over the Internet
Google closes On2 acquisition for $124.6 mn
Google Inc. today announced that it has completed its acquisition of On2 Technologies, Inc., valued at approximately $124.6 million, after On2's shareholders voted to approve the transaction
Private-equity firms to buy SkillSoft for $1.1 bn
E-learning software maker SkillSoft Plc said it agreed to be acquired by a consortium of private-equity firms for about $1.1 billion, an offer that investors think undervalues the company.
HCL Tech partners with Wellogic
HCL Technologies Ltd, announced a strategic partnership with Wellogic, a software solutions provider for the healthcare community.
Monday, March 15, 2010
Chemoil, Hanjin Shipping may build bunker terminal in Korea
Global bunker supplier Chemoil and South Korea's largest shipping firm Hanjin Shipping may jointly build a bunkering terminal in Korea's Busan New Port, a Busan port official has revealed.
"We are planning to have a new bunkering terminal in Busan port," Roh Ki-Tae, president of Busan Port Authority (BPA) told Bunkerworld Tuesday
Radware Continues to Revitalize the Alteon Product Line; Introducing Two New Alteon Switches
Radware today announced the expansion of its Alteon® Application Switch product line with two new OnDemand® switches®, the Alteon 4408 and Alteon 4416. The Alteon 4-series is available less than one-year after Radware acquired Nortel’s layer 4-7 application switching business, and rounds-out the product suite together with the recently introduced Alteon 5412, which now offers complete application delivery throughput coverage up to 20 Gbps
HDN announces completion of DHL Domestic acquisition
Home Delivery Network Limited (HDN) announced that it had reached agreement to acquire DHL Domestic, the UK domestic business-to-business and business-to-consumer parcel delivery operations of Deutsche Post DHL.
Ixia Collaborates with AT&T to Demonstrate Live 100 Gigabit Ethernet Link
IXIA today announced that its “K2” 100 Gigabit Ethernet (GE) test solution was implemented in AT&T’s testing of a standard-ready, single-flow, 100 GE field trial. Ixia’s K2 100 GE Higher Speed Ethernet (HSE) load module provided IP traffic generation and BERT testing for the 100 GE connection, demonstrating AT&T’s ability to trial a 900-kilometer ultra long-haul transport link between Louisiana and Florida
Healthland Releases New Solution to Help Community Hospitals Improve Patient Care and Meet Core Measures
Healthland, America's market leader of healthcare information solutions for small community and critical access hospitals, announces its new Healthland Analytics solution. Developed in partnership with Performance Management Institute (PMI), Healthland Analytics extracts relevant data from the Healthland Financial System solutions and other sources and presents it in easy-to-grasp, actionable snapshots of financial, operational and clinical performance. Healthland Analytics enables automatic flow of Core Measure data - standards established by the Center for Medicare and Medicaid Services (CMS). In addition, the new solution provides tools for surveys, real-time analysis and reporting and automates and supports quality improvement programs.
Patni to set up software delivery unit in Mexico
Software firm Patni Computer Systems is setting up a software delivery facility at Queretaro in Mexico. The facility will employ around 200 people by the end of the year, with the bulk of hires coming from the local population. The company said the new facility will offer preferential access to customers in North and South America, and specifically within Mexico, which has a $5-billion local IT market
Patni Wins Award for Innovative HR Practices
Patni Computer Systems , a leading global IT and BPO services provider, today announced that it has received the award for "Innovative Retention Strategies" at the World HRD Congress 2010. The prestigious global HRD event, which honors organizational transformation and development, saw a congregation of 189 companies from over 25 countries.
Zensar eyes overseas buys
Zensar Technologies, the Rs 900-crore RPG Group company, was looking at acquisitions in the US and Europe within the next six months to increase its scale of operations in overseas markets, said a senior official of the company
Juniper Networks deploys arrownet at Tokyo Stock Exchange
Juniper Networks implemented 'arrownet' project at the Tokyo Stock Exchange (TSE). Powered by Juniper Networks M Series Multiservice Edge Routers and Junos operating system, arrownet is TSE’s low-latency, ultra-reliable, high-capacity network that supports its next-generation securities trading system, “arrowhead.”
Adobe leading the online gaming revolution in India
Indian game developers have always struggled to make big games as they either don't have the necessary funds to invest in the game or they are more cautious in spending so much in a single game. Whatever the reason maybe, apart from few small successes Indian game developers are known more for creating small games or outsourcing to the West. This is not necessarily a bad thing as online games have taken the world by storm, thanks to the platforms like Facebook.
Wipro in seven year deal with Main Street America
Wipro Technologies, the IT services business of one of India's top software exporters Wipro, has entered into a seven year deal with The Main Street America Group to provide software services.
Microsoft extends cloud computing offering
Microsoft India announced the commercial availability of its Windows Azure platform, an Internet-scale cloud services platform, which will help it provide software, platform and infrastructure services to businesses through cloud computing.
Cloud computing refers to a new generation of computing that utilises distant servers or on-demand self-service Internet infrastructure for data storage and management..
Mahindra Satyam wins $48mn deal from Denmark firm
Mahindra Satyam, earlier known as Satyam Computer Services, has signed a new four-year contract worth about $48 million with Danish IT firm KMD.
Cheap Chinese software may steal India's edge
Faced with rising unemployment and low exports, China is now going India’s way by developing software and other service sector industries. It is also opening up social sectors like health and education to foreign investment.
Computer Associates Buys Nimsoft for $350 Million
Computer Associates Inc. said it will purchase Nimsoft Inc., a platform provider for managed services, for $350 million in cash, in a move to augment its cloud computing portfolio.
Sybase partners with Wipro, SAPAG to offer integrated SAP business solutions
In yet another move aiding organizations towards MEAP platforms, Sybase Software, India and Wipro Infotech have partnered to extend SAP applications to a variety of mobile devices, allowing SAP customers to access their enterprise applications in a secured way while on the move.
Informatica Partners Applaud Siperian Acquisition
Informatica Corporation the world's number one independent provider of enterprise data integration software, announced significant support among its strategic alliance partners for its recent acquisition of Siperian, a leader in Master Data Management (MDM) platform technology. The acquisition of Siperian enables Informatica and its partners to offer a proven top-ranked solution for automating MDM, one of the fastest growing categories of broader data integration, and to deliver even more differentiating value to customers based on the synergy between the Informatica platform and Siperian MDM technology.
Upside to the downturn - interview with Gordon Coburn, Chief Financial and Operating Officer, Cognizant
Looking rather fresh and cheerful at 7 a.m. his time, Gordon Coburn, Chief Financial and Operating Officer, Cognizant chatted with eWorld over Telepresence to explain the year gone by and what appears ahead. The well-stocked study behind him, at his home, weren't the only things that overwhelmed participants. What he says gives hope to the Indian offshoring industry, too.
Monday, March 1, 2010
Radware Receives INTERNET TELEPHONY® Magazine’s Twelfth Annual Product of the Year Award
Radware the leading provider of integrated application delivery solutions for business-smart networking, today announced that Technology Marketing Corporation’s (TMC®) INTERNET TELEPHONY magazine has named the Alteon 5412® and DefensePro® as recipients of its 2009 Product of the Year Award.
“It’s an extraordinary achievement for two of our leading products to be recognized by TMC and we’re honored to have received this industry award,” said Amir Peles, Chief Technology Officer, Radware. “We’re committed to offering technology solutions that provide maximum network performance and efficiency, and with Alteon and DefensePro we have two products that businesses rely on to keep up with the changing demands of the global marketplace.”
Healthland Exhibits Electronic Medical Records Solution to Rural and Small Community Healthcare Providers at HIMSS 2010
Healthland, America’s market leader of healthcare information solutions for small community and critical access hospitals, today announced it will exhibit at the 2010 Annual HIMSS Conference and Exhibit, March 1- 4, 2010, in Atlanta at the Georgia World Congress Center. At the event, Healthland will conduct product demonstrations including its new Emergency Department Information System and Healthland Analytics, report results from a recent customer survey about the American Recovery and Reinvestment Act (ARRA) and meaningful use, and announce recent client success stories.
Zebra announces Bar code Label Printing...
Zebra Technologies Announces Bar Code Label Printing Availability on Ascent for Salesforce CRM...
MindTree Steps up Efforts to Leverage Middle East IT Services Market
MindTree has announced that it is stepping up its efforts to leverage the growth of the Middle East IT services market, which is expected to hit USD 3.5 billion by 2011, according to recent reports from the Economist Intelligence Unit (EIU). Identified by the Company as one of its fastest growing regions, the Middle East forms part of MindTree?s ?Rest of the World? (ROW) market along with Japan, Australia and Singapore, which collectively contributed 10.8 per cent to its total earnings in Q3 FY ?09-?10. MindTree sees the Middle East region to play a key role in its plan to become a USD 1 billion organization.
Pallab Chatterjee to become Symphony CEO
Software product engineering and outsourcing services provider Symphony Service Corp today announced that Dr. Pallab Chatterjee would become its chief executive officer.
SaaS takes on business intelligence
When considering strategic business intelligence needs, would you put your faith in the cloud? The idea made sense for Distribution Market Advantage. For Creativity Inc., not so much.
Oracle recognizes Ness Technologies for mid-market
Ness Technologies, Inc., a provider of IT solutions and services, today announced that its Singapore subsidiary, Ness Global Services has been awarded the Oracle Accelerate Partner of the Year FY’09 in the Applications Mid Market (Accelerate) category.
The award was presented at the Oracle Partner Network Day, a partner award ceremony held by Oracle Singapore
HCL Infosystems to start operation in Punjab
HCL Infosystems Ltd, one of the India’s premier information enabler and the country’s leading Information and Communication Technology (ICT) system integrator and distribution company would start its software development centre at the Mohali (Punjab) IT Park by June 2010. According to sources in the Punjab Infotech, the construction is in full swing and initially the company would pump in Rs 10-15 crore for setting up its own centre.
Polaris, IIT Madras launches new online technology
Financial technology company Polaris Software Lab in association with educational institute Indian Institute of Technology (IIT) Madras on Monday launched Intellect Privacy for enabling secured online transaction of banks and financial institutions
Vmware’s Road to Desktop Virtualization Dominance
The concept behind a virtual desktop infrastructure is far from new, yet from the growing buzz it seems to be catching on — with the vendors at least
Wipro Info edges out Satyam to bag Rs 100-cr PSB deal
Wipro Infotech, the domestic arm of Wipro Technologies, bagged a Rs 100-crore IT contract from Punjab & Sind Bank, to integrate its branches with an IT network and implement Infosys’ core banking solution. The contract was earlier awarded to Satyam, which failed to deliver on time, resulting in the contract getting dissolved.
HCL Tech wins Electrolux order for APAC region
HCL Technologies has announced that it has won an IT infrastructure management contract from Electrolux, a global home appliances company.
The five-year deal involves support of workplace services for Electrolux such as monitoring and management of network, servers, IT security and end-user computing environment in 12 countries in the APAC region, including Australia.
Capgemini and Sogeti integrate software testing businesses
Capgemini is integrating its software testing resources to help it compete with pure-play software testers.
The French IT services provider is integrating its specialist software testing arm Sogeti with its other testing resources. This will bolster the resources and footprint of the Sogeti business and help Capgemini compete with large software testing specialists
Vmware to Acquire Software, Personnel From Parent EMC
Virtualization software company Vmware will be taking over a line of data-center management software from parent company EMC.
For US$200 million, Vmware will be acquiring products and expertise in EMC’s Ionix line of IT management software, which can be used to manage servers and applications in a data center. It will be packaged to complement Vmware’s vCenter and vSphere lines of virtualization software.
Amazon, Microsoft ink patent deal
Microsoft on Monday said that it has signed a deal with Amazon.com that lets each company tap into the other’s patented technology, including that for hot-selling Kindle electronic readers.
Microsoft said that Amazon will be paying the software giant as part of the agreement, but declined to specify the amount.
Leader Speak: Atul Nishar,Founder & Chairman, Hexaware Technologies Limited
Atul Nishar,Founder & Chairman, Hexaware Technologies Limited, is a FCA (Fellow of the Institute of Chartered Accountants of India) and received his Bachelor Degrees in Commerce and Law from University of Bombay. He has set up the company in 1990. He is the driving force of Hexaware's strategic direction and marketing focus. He had founded Aptech Limited in 1985, a computer training company which he grew into a leading global IT training outfit with over 2400 centers across 52 countries. He was the Chairman of Aptech till early 2003, when the promoters divested their stake in the company. He is associated with several government and trade bodies which play an instrumental role in the development of India's IT Sector.
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