Calsoft Track IT

Radware introduces new Ondemand switches

2010-03-22T04:54:00.000-07:00

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.

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New director for Bupa's UK care homes

2010-03-22T04:52:00.000-07:00

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

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Ixia Joins Network Test Automation Forum (NTAF)

2010-03-22T04:51:00.000-07:00

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.

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Zensar lines up $100 m for another overseas buy

2010-03-22T04:50:00.000-07:00

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

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Virtusa names new SVP

2010-03-22T04:49:00.000-07:00

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

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Patni doubles hiring target on better demand

2010-03-22T04:48:00.000-07:00

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.

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Persistent hits the market with its initial public offering

2010-03-22T04:46:00.000-07:00

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.

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Adobe launches Flash Builder 4 and ColdFusion Builder

2010-03-22T04:45:00.000-07:00

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.

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Wipro plans to outdo IBM

2010-03-22T04:44:00.000-07:00

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.

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Microsoft loses $106 mn patent verdict

2010-03-22T04:42:00.000-07:00

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

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Google closes On2 acquisition for $124.6 mn

2010-03-22T04:41:00.000-07:00

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

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Private-equity firms to buy SkillSoft for $1.1 bn

2010-03-22T04:40:00.000-07:00

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.

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HCL Tech partners with Wellogic

2010-03-22T04:37:00.000-07:00

HCL Technologies Ltd, announced a strategic partnership with Wellogic, a software solutions provider for the healthcare community.

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Chemoil, Hanjin Shipping may build bunker terminal in Korea

2010-03-15T02:11:00.000-07:00

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

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Radware Continues to Revitalize the Alteon Product Line; Introducing Two New Alteon Switches

2010-03-15T02:10:00.000-07:00

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

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HDN announces completion of DHL Domestic acquisition

2010-03-15T02:09:00.000-07:00

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.

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Ixia Collaborates with AT&T to Demonstrate Live 100 Gigabit Ethernet Link

2010-03-15T02:06:00.000-07:00

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

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Healthland Releases New Solution to Help Community Hospitals Improve Patient Care and Meet Core Measures

2010-03-15T02:05:00.000-07:00

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.

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Patni to set up software delivery unit in Mexico

2010-03-15T02:04:00.000-07:00

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

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Patni Wins Award for Innovative HR Practices

2010-03-15T02:03:00.000-07:00

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.

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Zensar eyes overseas buys

2010-03-15T02:02:00.000-07:00

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

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Juniper Networks deploys arrownet at Tokyo Stock Exchange

2010-03-15T02:01:00.000-07:00

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.”

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Adobe leading the online gaming revolution in India

2010-03-15T02:00:00.000-07:00

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.

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Wipro in seven year deal with Main Street America

2010-03-15T01:59:00.000-07:00

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.

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Microsoft extends cloud computing offering

2010-03-15T01:58:00.000-07:00

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..

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Mahindra Satyam wins $48mn deal from Denmark firm

2010-03-15T01:57:00.000-07:00

Mahindra Satyam, earlier known as Satyam Computer Services, has signed a new four-year contract worth about $48 million with Danish IT firm KMD.

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Cheap Chinese software may steal India's edge

2010-03-15T01:56:00.000-07:00

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.

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Computer Associates Buys Nimsoft for $350 Million

2010-03-15T01:55:00.000-07:00

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.

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Sybase partners with Wipro, SAPAG to offer integrated SAP business solutions

2010-03-15T01:54:00.000-07:00

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.

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Informatica Partners Applaud Siperian Acquisition

2010-03-15T01:53:00.000-07:00

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.

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Upside to the downturn - interview with Gordon Coburn, Chief Financial and Operating Officer, Cognizant

2010-03-15T01:51:00.000-07:00

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.

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Radware Receives INTERNET TELEPHONY® Magazine’s Twelfth Annual Product of the Year Award

2010-03-01T21:02:00.000-08:00

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.”

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Healthland Exhibits Electronic Medical Records Solution to Rural and Small Community Healthcare Providers at HIMSS 2010

2010-03-01T21:00:00.000-08:00

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.

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Zebra announces Bar code Label Printing...

2010-03-01T20:59:00.000-08:00

Zebra Technologies Announces Bar Code Label Printing Availability on Ascent for Salesforce CRM...

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MindTree Steps up Efforts to Leverage Middle East IT Services Market

2010-03-01T20:58:00.000-08:00

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.

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Pallab Chatterjee to become Symphony CEO

2010-03-01T20:57:00.000-08:00

Software product engineering and outsourcing services provider Symphony Service Corp today announced that Dr. Pallab Chatterjee would become its chief executive officer.

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SaaS takes on business intelligence

2010-03-01T20:56:00.000-08:00

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.

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Oracle recognizes Ness Technologies for mid-market

2010-03-01T20:55:00.000-08:00

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

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HCL Infosystems to start operation in Punjab

2010-03-01T20:54:00.000-08:00

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.

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Polaris, IIT Madras launches new online technology

2010-03-01T20:53:00.002-08:00

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

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Vmware’s Road to Desktop Virtualization Dominance

2010-03-01T20:53:00.001-08:00

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

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Wipro Info edges out Satyam to bag Rs 100-cr PSB deal

2010-03-01T20:52:00.000-08:00

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.

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HCL Tech wins Electrolux order for APAC region

2010-03-01T20:51:00.000-08:00

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.

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Capgemini and Sogeti integrate software testing businesses

2010-03-01T20:50:00.000-08:00

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

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Vmware to Acquire Software, Personnel From Parent EMC

2010-03-01T20:49:00.000-08:00

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.

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Amazon, Microsoft ink patent deal

2010-03-01T20:42:00.000-08:00

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.

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Leader Speak: Atul Nishar,Founder & Chairman, Hexaware Technologies Limited

2010-03-01T20:37:00.000-08:00

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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Maersk Oil - Jack field acquisition

2010-02-15T00:14:00.000-08:00

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.

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Ixia and Rohde & Schwarz Team Up to Achieve Ground-breaking Advancements in LTE Network Quality Assurance

2010-02-15T00:13:00.000-08:00

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.

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Kronos® Ranked #1 Vendor in Workforce Management

2010-02-15T00:12:00.000-08:00

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.

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Bupa Health Assurance increase in new business

2010-02-15T00:10:00.000-08:00

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.

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Virtusa names new Senior VP

2010-02-15T00:09:00.000-08:00

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.

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Patni Q4 net jumps to Rs 188 cr

2010-02-15T00:07:00.000-08:00

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

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Patni close to clinching 2 deals worth $500 mn

2010-02-15T00:05:00.000-08:00

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.

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MphasiS appoints India head

2010-02-15T00:04:00.000-08:00

Bangalore based Mphasis , the information technology solution and service company, has appointed Rajiv Singh as Regional director to head its Indian operations.

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Infosys to design informatics for U.S. biotech company

2010-02-15T00:00:00.000-08:00

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.

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Extreme Networks offers next-generation datacenter products

2010-02-14T23:58:00.000-08:00

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

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Logitech unveils Wireless Desktop MK710

2010-02-14T23:57:00.002-08:00

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

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Cognizant net income in fourth quarter up 28%

2010-02-14T23:56:00.001-08:00

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.

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SAP CEO resigns after poor earnings report

2010-02-14T23:54:00.002-08:00

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.

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Oracle Launches Worldwide Cloud-computing Tour

2010-02-14T23:54:00.001-08:00

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.

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Oracle pushes PaaS cloud computing

2010-02-14T23:49:00.000-08:00

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.

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Zensar Tech may go for one big acquisition by September

2010-02-14T23:48:00.000-08:00

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.

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Genpact acquires Symphony Marketing Solutions

2010-02-14T23:47:00.000-08:00

Genpact Limited, a provider of business processes management solutions, acquired Symphony Marketing Solutions Inc. (SMS), a provider of analytics and data management services.

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Sales of Notebook surge ahead at the cost of desktops

2010-02-14T23:41:00.000-08:00

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

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IT service providers' margins may take a hit on new EU tax

2010-02-14T23:36:00.000-08:00

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

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Without Flash, Apple users aren’t well served - Interview with Shantanu Narayen,president and CEO, Adobe Systems

2010-02-14T22:46:00.000-08:00

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:

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Radware LTD. Announces Q409 Results

2010-02-05T02:47:00.002-08:00

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.

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NetApp Highlights Global Partnerships and Leads Industry Discussions Around Ethernet Storage and Data Center Trends in February 2010

2010-02-05T02:47:00.001-08:00

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.

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NetApp Appoints Christine Heckart Chief Marketing Officer

2010-02-05T02:45:00.000-08:00

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

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Rush Memorial Hospital Improves Community Healthcare with Healthland Electronic Medical Records Solution

2010-02-05T02:44:00.000-08:00

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.

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Bupa expands in Andalucía, Spain

2010-02-05T02:43:00.000-08:00

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

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Aitken Spence Q3 Profits up by 14%

2010-02-05T02:42:00.000-08:00

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 ...

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MindTree Executive Chairman Ashok Soota Receives Prestigious Golden Peacock Award for Technology Leadership – 2010

2010-02-05T02:41:00.001-08:00

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’.

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Zylog Systems net up 19% in Q3

2010-02-05T02:40:00.000-08:00

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).

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Mastek shares down 7 percent

2010-02-05T02:39:00.000-08:00

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.

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Intelligroup Becomes Oracle(R) PartnerNetwork Platinum Level Partner

2010-02-05T02:38:00.000-08:00

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.

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Infosys to design informatics for U.S. biotech company

2010-02-05T02:37:00.000-08:00

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VIVA Communications launches internet based voice and video services

2010-02-05T02:34:00.002-08:00

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.

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Zylog acquires Canadian firm for Rs 150 crore

2010-02-05T02:33:00.000-08:00

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.

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Genpact acquires Symphony Solutions

2010-02-05T02:32:00.000-08:00

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.

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IBM Acquires Initiate Systems

2010-02-05T02:30:00.000-08:00

IBM acquired Initiate Systems, a privately held developer of data integrity software applications for the healthcare and government markets.

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IT majors register 17% revenue growth in domestic market for Q3

2010-02-05T02:29:00.000-08:00

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 .

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Healthland Demonstrates Commitment to Small Community Hospitals with Appointment of New Vice President of Client Experience

2010-01-25T01:18:00.000-08:00

Healthland, America's market leader of healthcare information solutions for small community and critical access hospitals, announced today the appointment of Julie Weber-Kramer to the role of vice president of client experience. In this role, Weber-Kramer will be responsible for the Healthland client experience across the entire client relationship, from initial contact with a prospect, to implementation and on-going client support. Her position is effective immediately.

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Chemoil Commences new Orleans Bunker supply service

2010-01-25T01:17:00.000-08:00

SGX Mainboard-listed Chemoil one of the worlds leading physical suppliers of marine fuel, today announced that it will commence deliveries in the US Gulf Coast port of New Orleans from February 1 2010.

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BIXOLON Recognized as Best Channel Vendor for Second Consecutive Year!

2010-01-25T01:16:00.000-08:00

Bixolon a leading manufacturer of world class printing technologies, once again has been named a Best Channel vendor for 2010.

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Management changes in Group IT - Maersk

2010-01-25T01:15:00.000-08:00

Stephen Fraser will take up the position as Head of Group IT as of 1 February 2010. Stephen Fraser, 47, has a strong professional background in IT and comes from a position as Chief Process Officer in Maersk Line in North America, with overall responsibility for IT, Process Excellence and Customer Service functions. He is also a member of the North American Executive Management Committee

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Radware Provides Internet Stability and Reliable Service to New York Law School

2010-01-25T01:14:00.000-08:00

Radware the leading provider of integrated application delivery solutions for business-smart networking, today announced that New York Law School, the second oldest independent law school in the U.S., has integrated its LinkProof® load balancing solution into its online course management system, BlackBoard. By deploying LinkProof, New York Law School enables students, faculty and administrators to maximize daily productivity by providing them continuous access to online educational resources and coursework

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Kronos® Announces Availability of Mobile Scheduling Application

2010-01-25T01:12:00.001-08:00

Kronos announced general availability of Workforce Mobile™ Scheduler, a mobile application that improves workforce productivity by making it easy for managers to instantly engage with employees using a variety of mobile devices.

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Anil Gupta is Patni's new EVP

2010-01-25T01:11:00.000-08:00

Patni Computer Systems, an IT services provider, today announced the appointment of Dr. Anil Gupta as executive vice president and global head of Business Operations.

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MindTree's Q3 PAT up 7.8 pc QoQ

2010-01-25T01:09:00.000-08:00

IT Solutions firm MindTree Ltd. has registered a profit after tax (PAT) of Rs 53.77 crore, up 7.8 per cent on QoQ basis and 516.4 per cent on YoY basis, for the third quarter quarter ended December 31, 2009.

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Patni, Spanco among 4 firms empanelled for power project

2010-01-25T01:08:00.000-08:00

Among the four technology companies, Patni Computer Systems and Spanco have been empanelled as system integrators, by the Centre for its ambitious Rs. 50,000-crore plan to cut power distribution losses in the country.

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Sybase Software, Inflow Tech ink marketing pact

2010-01-25T01:06:00.000-08:00

Sybase Software (India), the subsidiary of Sybase Inc, a leading provider of enterprise infrastructure and mobile software, today announced that it has entered into a master reseller agreement with Inflow Technologies in India.

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Texas Instruments now gears up to tap IT products & services market

2010-01-25T01:05:00.000-08:00

Over two decades ago, semiconductor company Texas Instruments (TI) triggered the offshoring wave and the growth of Bangalore as the Silicon Valley of India when it set up a development centre.

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IBM delivers outsourcing services to Indian co-op

2010-01-25T01:04:00.000-08:00

IBM has gained a ten year outsourcing deal with Sardar Bhiladwala Pardi People’s Co-operative Bank (SBPPCB) in India. This is new client for IBM, confirms the director, integrated technology services at IBM India/South Asia, and the company had to compete with ‘several local and multi-national companies’ for the contract.

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Oracle wins unconditional EU approval for Sun buy

2010-01-25T00:56:00.000-08:00

Oracle Corp won unconditional European Union approval on Thursday for its $7 billion takeover of Sun Microsystems, a month after offering public pledges to sooth regulatory concerns.

The acquisition will reshape the high-tech landscape, with world No. 2 business software maker Oracle moving into the hardware business. Sun is the top player in the $17 billion high-end computer server market.

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IT firms hire lobbyists to beat anti-offshoring sentiment

2010-01-25T00:54:00.000-08:00

Melanie Carter-Maguire and Robert Hoffman, the two lobbyists have been entrusted with pushing their companies' cases in a key market where the public outcry against outsourcing is getting shriller by the day. Maguire was hired by Wipro last week, and Hoffman had joined Cognizant last year as first Vice President of global public policy.

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Infosys net drops 3.6 % to Rs. 1,582 cr in Q3

2010-01-25T00:51:00.000-08:00

Software services major Infosys Technologies reported revenues of Rs. 5,741 crore in the third quarter of 2009-10. Although these were lower by 0.8 per cent when compared with the earnings in the same quarter of the previous years, top officials of the company said a recovery of the software services industry was imminent. In dollar terms, revenues amounted to $1,232 million in the last quarter, an increase of 5.2 per cent on a year-on-year basis. The company reported a net profit of Rs. 1,582 crore during the quarter, a decline by 3.6 per cent over last year. In dollar terms, however, it made a net profit of $334 million, an increase of 0.6 per cent. Earnings per share (in rupee terms) declined by 3.2 per cent on an annualised basis.

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Wipro and Oracle launch Process Integration Pack

2010-01-25T00:48:00.000-08:00

Wipro Technologies, the global IT services division of Wipro Limited, and Oracle on Tuesday announced the launch of the co-developed Oracle Application Integration Architecture (AIA) Process Integration Pack (PIP) for the retail industry.

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CA India looks at new verticals, partnerships

2010-01-25T00:47:00.000-08:00

Information technology (IT) management software provider CA India, a wholly-owned subsidiary of $4.5 billion CA, is looking at new verticals and partnership with technology companies, like TCS, Infosys, Wipro and HCL, in order to boost revenues.

Focus areas for CA India would be e-governance projects and the banking sector.

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