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ICC International Court of Arbitration Issues Award for Binding Arbitration Between Nokia and Samsung
2016-02-01
Nokia announced that the International Court of Arbitration of the International Chamber of Commerce has issued its award for the binding arbitration between Nokia and Samsung.
ICC International Court of Arbitration Issues Award for Binding Arbitration Between Nokia and Samsung
Symantec Completes Sale of Veritas, to Focus on Cybersecurity
2016-02-01
Symantec announced that it has completed the sale of Veritas to a group of investors led by The Carlyle Group. In connection with the closing of the transaction, Symantec received $5.3 billion in after-tax cash proceeds.
Symantec Completes Sale of Veritas, to Focus on Cybersecurity
CustomerMatrix Completes $10.5 Million Investment Round Led by HSBC
2016-01-28
CustomerMatrix, an innovator in Cognitive Computing, announced it has closed $10.5 million in Series-B funding to further accelerate its already impressive growth and customer success. The investment was led by HSBC.
CustomerMatrix Completes $10.5 Million Investment Round Led by HSBC
Cisco Commits $100 Million to Drive the Digital Acceleration of Italy
2016-01-23
Cisco has announced a series of strategic commitments in Italy that will total $100 million over the next 3 years. The news sees Cisco complement the heightened focus from the Italian government to drive digital transformation.
Cisco Commits $100 Million to Drive the Digital Acceleration of Italy
Ericsson to Acquire FYI Television
2016-01-19
Ericsson said it will to acquire FYI Television, an entertainment metadata and rich media content supplier based in Grand Prairie, Texas. The acquisition will strengthen Ericsson's leading position in broadcast and media services.
Ericsson to Acquire FYI Television
Orange will acquire 100 Percent of the mobile operator Cellcom Liberia
2016-01-12
Orange announced it has entered into a firm agreement with Cellcom Telecommunications to acquire, through its unit Orange Côte d’Ivoire, 100 percent of Cellcom's Liberia subsidiary, the leading mobile operator in Liberia.
Orange will acquire 100 Percent of the mobile operator Cellcom Liberia
Intel Completes Acquisition of Altera
2015-12-29
Intel has completed the acquisition of Altera, a provider of FPGA technology. The acquisition complements Intel's product portfolio and enables new classes of products in the high-growth data center and IoT market segments.
Intel Completes Acquisition of Altera
Sophos Acquires SurfRight for $31.8 Million, Strengthens Endpoint Protection Leadership
2015-12-14
Network and endpoint security provider Sophos has acquired SurfRight, an innovator in signature-less endpoint threat detection and response and advanced threat prevention, for a cash consideration of $31.8 million.
Sophos Acquires SurfRight for $31.8 Million, Strengthens Endpoint Protection Leadership
Nokia Closes Sale of HERE Business to Consortium of Leading Automotive Companies
2015-12-07
Nokia announced that it has completed the sale of its HERE digital mapping and location services business to a consortium of leading automotive companies, comprising AUDI AG, BMW Group and Daimler AG.
Nokia Closes Sale of HERE Business to Consortium of Leading Automotive Companies
Reliance Communications to Acquire Sistema's MTS Operations in India
2015-11-02
Reliance Communications (RCOM) and Sistema have signed definitive documents for demerger of Sistema's Indian wireless business, carried on by Sistema Shyam Teleservices Ltd. (SSTL) under the MTS brand, into RCOM.
Reliance Communications to Acquire Sistema's MTS Operations in India
HCL Acquires CRM Services Provider PowerObjects for $46 Million
2015-10-30
HCL Technologies announced that it has acquired Minneapolis-based PowerObjects, a North American provider of Microsoft Dynamics CRM. The company said the acquisition will bolster its global applications business.
HCL Acquires CRM Services Provider PowerObjects for $46 Million
Cisco to Acquire Network Security Company Lancope for $452.5 Million
2015-10-30
Cisco announced that it will acquire Lancope, a privately-held network security company based in Alpharetta, GA. Lancope provides network behavior analytics, threat visibility and security intelligence.
Cisco to Acquire Network Security Company Lancope for $452.5 Million
AMD and Nantong Fujitsu Microelectronics to Create Semiconductor Assembly and Test JV
2015-10-19
AMD and Nantong Fujitsu Microelectronics (NFME) will create a joint venture combining AMD's assembly, test, mark and pack units and workforce in Penang, Malaysia and Suzhou, China with NFME's semiconductor assembly and test expertise.
AMD and Nantong Fujitsu Microelectronics to Create Semiconductor Assembly and Test JV
Ericsson to Acquire Software Developer Ericpol's Operations in Poland and Ukraine
2015-10-16
Ericsson has concluded a preliminary share purchase agreement to buy Ericpol's operations in Poland and Ukraine. Ericpol is a software development firm within telecommunications and has been a supplier to Ericsson for over 20 years.
Ericsson to Acquire Software Developer Ericpol's Operations in Poland and Ukraine
Dell to Acquire EMC for $67 Billion
2015-10-13
Dell and EMC have announced they have signed a definitive agreement under which Dell, together with its owners, Michael S. Dell, founder, chairman and CEO of Dell, MSD Partners and Silver Lake, will acquire EMC.
Dell to Acquire EMC for $67 Billion
ESET Acquires UK-Based Data Encryption Firm DESlock+
2015-09-29
ESET, an IT security provider, announced that it has acquired the data encryption company DESlock+. ESET said it plans to fully integrate the DESlock+ core technology into its existing business and consumer product lines.
ESET Acquires UK-Based Data Encryption Firm DESlock+
hCentive to Invest Rs. 750 Crores in its India R&D Center, to Hire 150 Employees
2015-09-21
hCentive, a health insurance exchange solutions company, said it plans to invest Rs. 750 crores in its R&D center in India over the next 5 years and increase its India workforce by about 150 employees over the next 12 months.
hCentive to Invest Rs. 750 Crores in its India R&D Center, to Hire 150 Employees
Dell Partners with IBM Global Financing to Expand Channel Financing Portfolio in India
2015-09-02
Dell India has partnered with IBM Global Financing (IGF) to expand its channel financing portfolio, aimed to create value for Dell's channel partners in India through innovative and comprehensive long-term solutions.
Dell Partners with IBM Global Financing to Expand Channel Financing Portfolio in India
Yahoo to Acquire Social Shopping Site Polyvore
2015-08-04
Yahoo! Inc. announced that it will acquire Polyvore , a social shopping site. Polyvore will strengthen Yahoo's digital magazines and verticals through the incorporation of community and commerce.
Yahoo to Acquire Social Shopping Site Polyvore
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


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