Archive for the ‘Software & IT india’ Category

aurionPro become a Gold Sponsor of IBM’s Software Universe 2011 Conference in Mumbai

Comments Off | 10-20-2011

MUMBAI, INDIA–(Marketwire – October 19, 2011) – aurionPro is proud to be a Gold Sponsor of IBM’s 7th Annual Software Universe Conference this Wednesday and Thursday at the Hotel Renaissance in Mumbai. This event, which is expected to be attended by over 1200 Senior Executives from across industry and IT sectors, is a strategic venue

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Shri Kapil Sibal Launches ‘Aakash’, Low Cost Access Device

Comments Off | 10-6-2011

Shri Kapil Sibal, Union Minister for Human Resourced Development  launched   ‘Aakash’, a low cost  access cum computing device, here today. This device was also distributed among 500 children on the occasion.  Speaking on the occasion the Minister underlined that Aakash will help in eliminating digital illiteracy.  For this he also emphasized the need for having

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ASIX Electronics Corp. acquires assets of India-based MosChip Semiconductor Technology Ltd

Comments Off | 08-20-2011

ASIX Electronics Corp. recently announced it has acquired the business line of I/O connectivity, including all assets and intellectual property rights, from India-based MosChip Semiconductor Technology Ltd.
The acquisition enhances ASIX’s portfolio of embedded networking and connectivity products by adding single, multi-port Serial, Parallel, Ethernet, VGA, and IrDA connectivity for various computer and peripheral equipment with

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Germany’s RTS closes on purchase of India’s First Futures Software

Comments Off | 08-19-2011

RTS Realtime Systems Group (RTS), a leading global trading solutions provider headquartered in Frankfurt, Germany, Wednesday announced that it has closed on its transaction to acquire First Futures Software Engineering Pvt. Ltd. (FFS).
FFS is a high-end technology solutions provider based in Pune, India. The transaction marks RTS’ first acquisition of another company since its founding

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Kyocera Mita India acquires copier division of Kilburn Office Automation

Comments Off | 08-17-2011

The Press Trust of India (PTI) Tuesday reported that Kyocera Mita India, a subsidiary of US$12 billion Japanese Kyocera Group, announced the acquisition of the copier division of Kilburn Office Automation (KOAL) for an undisclosed amount.
In a statement, Kyocera Mita Asia President M Higuchi said the acquisition of Kilburn is an important foundation to achieve

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IDG Ventures India Invests $3 Million in the Leading In-App Mobile Advertising Network in India

Comments Off | 08-4-2011

Vserv, the leader in Mobile In-App Advertising in India, announced that it has closed $3 Million in Series A funding by IDG Ventures India. Vserv is a leading mobile advertising network focused on emerging markets having delivered In-App and Wap advertising in over 200 countries for leading Fortune 500 brands.
IDG Ventures India is a leading

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Cognizant to Acquire CoreLogic India Operations

Comments Off | 07-28-2011

Cognizant Tuesday announced the signing of a definitive agreement under which the company will acquire CoreLogic Global Services Private Limited (CoreLogic India), the India-based captive operations of CoreLogic.
The purchase price will consist of a cash payment of approximately $50 million, plus adjustments for working capital and other charges or credits which will be determined at

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Japanese map publisher Zenrin in talks to buy 24% stake in MapmyIndia

Comments Off | 07-23-2011

The Economic Times of India (ET) Wednesday reported that Japanese map publisher Zenrin is all set to buy a significant stake in an India-based digital-map company that is being valued at $125 million.
Zenrin is in advanced talks to invest $30 million for a 24% stake in MapmyIndia, the country’s largest provider of digital-map data and

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Blackstone Group acquires a minority stake in FINO Limited

Comments Off | 07-9-2011

The Blackstone Group, announced Thursday an investment of Rs 150 Crores (approximately US $ 33 million) in FINO Limited (FINO) for a significant minority stake. FINO is a pioneer in providing integrated technology solutions and physical network to enable financial inclusion in India.
FINO is a channel with enabling technology platform for an end–to-end sourcing &

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Saksoft acquires a subsidiary of Kale Consultants Limited Chennai, Synetairos Technologies Limited

Comments Off | 07-6-2011

Saksoft Limited, the Information Management Specialist Company, has acquired Synetairos Technologies Limited, a consulting services company. Synetairos is a subsidiary of Kale Consultants Limited and provides specialized consulting services to clients in technology and financial services.
Aditya Krishna, CEO of Saksoft, said the Indian market is growing in services and the acquisition of Synetairos is part

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