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Cisco to Acquire OpenDNS, Boost Security Everywhere Approach
2015-07-01
Cisco announced that it will acquire OpenDNS, a privately-held security company based in San Francisco. OpenDNS provides advanced threat protection for any device, anywhere, anytime.
Cisco to Acquire OpenDNS, Boost Security Everywhere Approach
Atos Completes Acquisition of Xerox ITO
2015-07-01
Atos, a digital services provider, announced that it has completed its acquisition of Xerox ITO, which reinforces its position as a global leader in digital services. The net purchase price totaled $966 million (€811 million).
Atos Completes Acquisition of Xerox ITO
Bharti Acquires Minority Stake in OneWeb
2015-06-26
Bharti has acquired a minority stake in OneWeb, which is supported by a global consortium with an aim to provide affordable Internet access to all. A a founding member of OneWeb, Bharti will have representation on the board.
Bharti Acquires Minority Stake in OneWeb
Cisco to Invest up to $60 Million in India Over the Next 5 Years
2015-06-19
Cisco has announced plans for direct and indirect investment of up to $20 million over the next five years into the Cisco Networking Academy, with an additional $40 million for the next phase of expansion in India.
Cisco to Invest up to $60 Million in India Over the Next 5 Years
Snapdeal Acquires Letsgomo Labs, Strengthens Position in m-Commerce Domain
2015-06-15
Snapdeal announced that it has acquired Letsgomo Labs, a mobility solutions company. The company said the move will further strengthen its leadership in the m-commerce domain.
Snapdeal Acquires Letsgomo Labs, Strengthens Position in m-Commerce Domain
Atos Acquires Blue Elephant Systems Technologies, Boosts Portfolio in IT Lifecycle Management
2015-06-15
Atos announced that it has acquired key solutions of Blue Elephant Systems GmbH. Headquartered in Stuttgart, the company is specialized in solutions for control and management of IT infrastructures.
Atos Acquires Blue Elephant Systems Technologies, Boosts Portfolio in IT Lifecycle Management
Sophos Acquires Reflexion Networks, Adds Email Security to Sophos Cloud
2015-06-12
Sophos has acquired Reflexion Networks, a provider of cloud-based email security, archiving, email encryption and business continuity services. The acquisition enables Sophos to add cloud-based email security to Sophos Cloud.
Sophos Acquires Reflexion Networks, Adds Email Security to Sophos Cloud
Intel Capital to Invest $125 Million in Businesses Led by Women, Underrepresented Minorities
2015-06-12
Intel Capital has announced the Intel Capital Diversity Fund, which will invest in technology startups run by women and underrepresented minorities. The largest of its kind, the fund totals around $125 million.
Intel Capital to Invest $125 Million in Businesses Led by Women, Underrepresented Minorities
Hitachi Data Systems Completed Acquisition of Pentaho
2015-06-07
HDS has completed its acquisition of Pentaho, a data integration, visualization and analytics company.Pentaho will retain its existing brand and continue to operate independently as "Pentaho, a Hitachi Data Systems company".
Hitachi Data Systems Completed Acquisition of Pentaho
Epson Acquires 100 Percent Stake in For.Tex, Strengthens Digital Textile Printing Business
2015-06-01
Epson Italia has acquired For.Tex, a leader in the textile printing industry. Epson, which purchased a 50 percent stake in For.Tex in 2012, completed the buyout in a move that strengthens Epson's digital textile printing business.
Epson Acquires 100 Percent Stake in For.Tex, Strengthens Digital Textile Printing Business
Bain Capital Completes Acquisition of Blue Coat Systems for $2.4 Billion
2015-05-27
Blue Coat Systems, a provider of enterprise security solutions, announced the completion of its acquisition by Bain Capital. Bain Capital acquired Blue Coat from Thoma Bravo in an all-cash transaction valued at around $2.4 billion.
Bain Capital Completes Acquisition of Blue Coat Systems for $2.4 Billion
Airtel Receives Bilateral Financing Commitments of up to $2.5 Billion from China
2015-05-19
Bharti Airtel Limited announced that it has received financing commitments of up to $2.5 billion from China Development Bank and Industrial and Commercial Bank of China.
Airtel Receives Bilateral Financing Commitments of up to $2.5 Billion from China
Gartner: Government IT Spending in India to Reach $6.8 Billion in 2015
2015-05-07
According to Gartner, Government IT spending in India will reach $6.8 billion in 2015, up 5.7 percent from 2014. This forecast includes spending on internal services, software, IT services, data center, devices and telecom services.
Gartner: Government IT Spending in India to Reach $6.8 Billion in 2015
Snapdeal Sellers Raise Over Rs. 50 Crores Through Capital Assist
2015-03-26
Snapdeal announced that it has enabled over 150 of its sellers to raise more than Rs. 50 crores through its flagship initiative 'Capital Assist', to accelerate and thereby, expand their business on the marketplace.
Snapdeal Sellers Raise Over Rs. 50 Crores Through Capital Assist
Sparton Acquires Stealth.com
2015-03-18
Sparton announced that Sparton of Canada has completed the acquisition of Stealth.com in an all-cash transaction. Stealth.com marks Sparton's fourth acquisition in a market space where it did not have a presence 15 months ago.
Sparton Acquires Stealth.com
Bain Capital to Buy Enterprise Security Provider Blue Coat Systems for $2.4 Billion
2015-03-12
Blue Coat Systems, an enterprise security provider, announced that it will be acquired by funds advised by Bain Capital. The company is being acquired from Thoma Bravo in a cash transaction valued at around $2.4 billion.
Bain Capital to Buy Enterprise Security Provider Blue Coat Systems for $2.4 Billion
Travel Giant WorldVentures Acquires World-Class Technology Software Platform
2015-03-05
WorldVentures, a global company in the direct-selling travel club sector, has acquired a next generation, cloud-based, end-to-end reservations, contracts, operations and distribution management systems platform for travel providers.
Travel Giant WorldVentures Acquires World-Class Technology Software Platform
Citymaps Announces $6M in New Funding From Coatue Management and Nokia Growth Partners
2015-03-04
Citymaps announces a major new update to its social mapping platform, along with an additional $6 million in new equity financing from Nokia Growth Partners, Coatue Management, Acadia Woods LLC, and existing investors.
Citymaps Announces $6M in New Funding From Coatue Management and Nokia Growth Partners
Union Budget 2015: Reactions from the IT Industry - Part III
2015-03-02
We welcome the Union Budget 2015 and believe it will give boost to local manufacturing as government increased duty benefits for domestic producers of electronic items, this is in line with PM Modi's "Make In India" initiative.
Union Budget 2015: Reactions from the IT Industry - Part III
Union Budget 2015: Reactions from the IT Industry - Part II
2015-02-28
The economic survey has indicated that a clear political mandate for big bang reforms coupled with a benign external environment can propel India to a double digit growth trajectory. Today's announcement only goes to support this.
Union Budget 2015: Reactions from the IT Industry - Part II
Union Budget 2015: Reactions from the IT Industry
2015-02-28
Overall, the budget is a 'feel good' budget. It has a pragmatic and good balance of social programs, industry (large and SME) friendly programs and tax reforms, without going overboard to be populist or 'politics driven'.
Union Budget 2015: Reactions from the IT Industry
Intel to Buy Munich-based Lantiq, Aims to Deliver Exciting New Connected Experiences for Users
2015-02-03
Intel has signed an agreement to acquire Lantiq, a supplier of broadband access and home networking technologies. The transaction is subject to customary closing conditions and regulatory approvals.
Intel to Buy Munich-based Lantiq, Aims to Deliver Exciting New Connected Experiences for Users
Adobe Completes Acquisition of Fotolia
2015-01-31
Adobe has completed its acquisition of Fotolia, a marketplace for stock content. The acquisition cements Creative Cloud's role as a vibrant market for creatives to buy and sell assets and services as well as showcase their talent.
Adobe Completes Acquisition of Fotolia
Graphene Semiconductor gets 4.95 crores in funding from Karnataka Govt Semiconductor focus Fund
2015-01-29
Graphene Semiconductor has received Rs. 4.95 crores in a first phase funding from the Karnataka Semicondcutor Venture Capital Fund (KARSEMVEN Fund) recognising the startup's unique approach to semiconductor technology...
Graphene Semiconductor gets 4.95 crores in funding from Karnataka Govt Semiconductor focus Fund
NIIT Technologies reports 1.2 Percent sequential growth in Q3 FY15
2015-01-14
NIIT Technologies announced its financial results for the quarter ended in December 31, 2014 with a 1.2 percent sequential increase in revenues to 595.3 crores. Operating Profits stood at 86.2 crores, indicating a sequential improvement...
NIIT Technologies reports 1.2 Percent sequential growth in Q3 FY15
HelpSystems Acquires Multi-Platform Systems Management Provider Halcyon Software
2015-01-12
HelpSystems, a provider of systems management, business intelligence, and security solutions, announced the acquisition of Halcyon Software and its complete portfolio of IT systems management software solutions.
HelpSystems Acquires Multi-Platform Systems Management Provider Halcyon Software
ATN Acquires Distributed Generation Solar Power Operation
2014-12-29
Atlantic Tele-Network announced it has acquired substantially all of the assets of Green Lake Capital, and certain of its affiliates, an owner and operator of commercial distributed generation solar power systems in Massachusetts, California...
ATN Acquires Distributed Generation Solar Power Operation
RigNet Enters Kazakhstan Through Acquisition of Munaicom
2014-12-29
RigNet announced that it has acquired Timas Munaicom, an oilfield communications company based in Almaty, Kazakhstan. This acquisition positions RigNet to provide remote communications services in Kazakhstan...
RigNet Enters Kazakhstan Through Acquisition of Munaicom
SeaChange Announces Agreement to Acquire Timeline Labs
2014-12-22
SeaChange, a multiscreen video software innovator, announced that it has entered into an agreement to acquire TLL, which does business as Timeline Labs. Timeline Labs is a privately-owned, California-based SaaS company...
SeaChange Announces Agreement to Acquire Timeline Labs
GovDelivery Acquires NuCivic to Bring Proven Open Source Solutions to Government
2014-12-17
GovDelivery, a cloud-based digital communication solution for government, has acquired NuCivic, a company with open source and cloud-based solutions built on Drupal for government. Financial terms were not disclosed.
GovDelivery Acquires NuCivic to Bring Proven Open Source Solutions to Government
Coolpad Announces Strategic Partnership with Qihoo 360
2014-12-17
Coolpad, a provider of smartphones and integrated wireless data solutions in China, announced a strategic partnership with Qihoo 360, a Internet company in China. Qihoo 360 will invest $409.05 million in cash to take a 45 percent stake...
Coolpad Announces Strategic Partnership with Qihoo 360
Ting Acquires Majority Stake in Blue Ridge InternetWorks, Expands From Mobile to Fixed Internet Access
2014-12-16
Ting Fiber, a unit of Tucows, announced that it has entered into an agreement to acquire 70 percent ownership of an independent Internet service provider in Charlottesville, Virginia doing business primarily as Blue Ridge InternetWorks.
Ting Acquires Majority Stake in Blue Ridge InternetWorks, Expands From Mobile to Fixed Internet Access
MACOM Successfully Completes Acquisition of BinOptics
2014-12-16
MACOM, a supplier of high-performance RF, microwave, millimeterwave and photonic products, announced that it has successfully completed its previously announced acquisition of BinOptics, a provider of Indium Phosphide lasers...
MACOM Successfully Completes Acquisition of BinOptics
Cloud Security Corporation Enters Into Stock Purchase Agreement With Goldenrise Development
2014-12-12
Cloud Security announced that it signed a stock purchase agreement with Goldenrise Development, for the purpose of accelerating development of its existing mobile security platform and searching for acquisition targets to increase...
Cloud Security Corporation Enters Into Stock Purchase Agreement With Goldenrise Development
Snapdeal.com Buys Gift Recommendation Technology Platform Wishpicker.com
2014-12-12
Snapdeal.com has acquired Wishpicker.com, a technology platform that offers users gift options based on intelligent recommendations. With this 5th acquisition, the company has consolidated its position as a leading technology firm.
Snapdeal.com Buys Gift Recommendation Technology Platform Wishpicker.com
YY to Acquire edu24ol.com
2014-12-11
YY, a real-time interactive social platform, announced that it has reached a definitive agreement to fully acquire Xingxue and Chuangzhi from Huanqiu for a total cash consideration of approximately RMB 120 million.
YY to Acquire edu24ol.com
The Carlyle Group Acquires Majority Stake in Newgen KnowledgeWorks
2014-12-09
The Carlyle Group has invested $32.8 million to acquire a 54.85 percent stake in Chennai, India-based Newgen KnowledgeWorks, a provider of publishing and technical services for publishers, particularly in the USA, the UK and Europe.
The Carlyle Group Acquires Majority Stake in Newgen KnowledgeWorks
Descartes Acquires e-customs
2014-12-08
Descartes Systems has acquired e-customs, a provider of electronic security and fiscal customs filing solutions in the UK. Descartes acquired e-customs for up-front consideration of GBP 5.8 million (approximately $9 million)...
Descartes Acquires e-customs
ANAi Global Opens Its Doors to the Hospitality Arena
2014-12-05
ANAi Global announced a venture into the hospitality industry with the purchase of ZharaHS, a unit of John Keells Group. ZharaHS is an end-to end web based hotel management solution with an Internet booking engine, central reservation...
ANAi Global Opens Its Doors to the Hospitality Arena
Sphere 3D and Overland Storage Complete Merger
2014-12-02
Sphere 3D, a provider of virtualization technology solutions, and Overland Storage, a provider of unified data management and data protection solutions, announced the successful completion of their previously-announced merger.
Sphere 3D and Overland Storage Complete Merger


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