Posts Tagged ‘IT investment’

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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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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KPIT Cummins board approves acquisition of IT service provider Systime Global Solutions

Comments Off | 06-17-2011

KPIT Cummins Thursday received approval from its Board of Directors to acquire IT service provider Systime Global Solutions. Last month, KPIT Cummins Infosystems Ltd, a global IT consulting and engineering partner to manufacturing and Energy & Utilities corporations, and SYSTIME, a leading business technology service provider, announced that KPIT Cummins had entered into a definitive

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Cerebra Integrated Technologies acquires 51% stake in Geeta Monitors

Comments Off | 06-15-2011

According to Deal Curry, Cerebra Integrated Technologies Limited is acquiring 51% stake in Geeta Monitors Private Limited, an IT products distributor. The acquisition is part of Cerebra’s plan to expand its systems and solutions division and IT infrastructure business.
Cerebra Integrated Technologies Ltd announced June 9, that meeting of the Board of Directors of the Company

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AECOM Technology Corporation acquires India’s Noida based Spectral Services Consultants

Comments Off | 06-14-2011

AECOM Technology Corporation, a leading provider of professional technical and management support services for government and commercial clients around the world, announced Monday that it has acquired Spectral Services Consultants Pte. Ltd. (Spectral), a building services consultancy based in Noida, India.
Spectral is a 500-employee, Indian market leader in the provision of mechanical, electrical and specialist

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