Posts Tagged ‘foreign investment in Software’

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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Datamatics Software Services acquires majority stake in Vista Infosystems

Comments Off | 06-18-2011

Datamatics Software Services Limited, domestic subsidiary of Datamatics Global Services Ltd, a Global Information Technology (IT) and Knowledge Process Outsourcing (KPO) organization, is to acquire a controlling stake in Vista Infosystems, an unlisted entity specializing in the Embedded Systems space.
Bangalore-headquartered Vista Infosystems has a significant presence in the captive space and caters to the delivery

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Germany’s RTS to acquire First Futures Software in India

Comments Off | 05-27-2011

RTS, a leading global trading solutions provider headquartered in Frankfurt, Germany, Thursday announced that it has signed a letter of intent and entered into exclusive negotiations to acquire First Futures Software Engineering Pvt. Ltd. (FFS), a high-end technology solutions provider in Pune, India. The transaction marks RTS’ first acquisition of another company since its founding

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3D Systems acquires India based software development firm SYCODE

Comments Off | 04-18-2011

3D Systems Friday acquired SYCODE(TM), a software development company based in Goa, India that specializes in providing plug-ins for all commercially available Computer Aided Design (CAD) packages. With this acquisition, 3D Systems plans to commence local commercial activities in India.
Abe Reichental, President and CEO, 3D Systems, reiterated his excitement over the addition of SYCODE technology

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Droisys Inc acquires Indian product engineering services provider Symbioun India

Comments Off | 04-17-2011

Droisys Inc, a global leader in technology and business solutions, acquired Symbioun India, a product engineering services provider with global clientele and software development operations in Chennai.
Sanjiv Goyal, CEO Droisys Inc, said the investment makes Droisys an even stronger company. By acquiring Symbioun India, Droisys Inc. has taken a major step forward to achieve its

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Pitney Bowes Business Insight to invest Rs 500 Crore in India over the next three years

Comments Off | 03-29-2011

Software firm Pitney Bowes Business Insight is planning to invest an estimated Rs 500 Crore in India. The investment is aimed at reinforcing Pitney Bowes product development centre and sales and marketing team in the country. The investment will be undertaken over the coming three years, reported the Economic Times of India.
President John O’ Hara,

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SAS acquires India’s pioneer firm in marketing resource management (MRM) Assetlink

Comments Off | 03-12-2011

SAS, the leader in business analytics software and services, has acquired Assetlink, a pioneer in marketing resource management (MRM). SAS expects the combination of its SAS® Customer Intelligence offerings with Assetlink’s leading marketing resource management solutions will make it easier for marketers to plan, create and optimize marketing programs.
SAS reiterated that its integration with Assetlink

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BMW funds Indian software start up firm with $5 million

Comments Off | 03-5-2011

BMW has invested $5 million in an Indian owned applications software start up firm, MyCityWay. The start up, owned by three Indian entrepreneurs, made a mobile phone application that helps people find places in cities, from restaurants to parking lots amongst others. The application’s success led to the creation of the company with the same

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Persistent Systems purchases global software product development and technology services enterprise Infospectrum Inc

Comments Off | 02-4-2011

Persistent Systems Limited (PSL) has acquired outsourced product development (OPD) business of Infospectrum Inc and its Indian unit – Infospectrum India Private Limited. Persistent Systems Limited noted the investment will contribute to the Company’s strategic thrust by providing better customer foothold in domains identified by them as their growth areas.
This acquisition enhances Persistent Systems Limited’s

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Moonbeam Capital invests in Bangalore based SaaS expert PK4 Software Technologies

Comments Off | 01-1-2011

Moonbeam Capital reported it had invested in PK4 Software Technologies Private Limited; a Bangalore-based SaaS (software as a service) firm. Moonbeam Capital is a Gurgaon-based investment and advisory firm. The funds raised will be used for expansion in other markets and verticals. PK4 offers on-demand integrated CRM solution to small, medium, and large enterprises.  Its

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