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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
EnerNOC Acquires Leading Customer Engagement Software Provider for Utilities
2014-12-02
EnerNOC, a provider of energy intelligence software, and Pulse Energy, a provider of customer engagement software for the utility industry, announced that EnerNOC has acquired Pulse Energy to help utilities better engage all of their...
EnerNOC Acquires Leading Customer Engagement Software Provider for Utilities
SS&C Expands Investment Management Software and Services Offerings by Acquiring DST Global Solutions
2014-12-01
SS&C Technologies, a provider of financial services software and software-enabled services, announced that it has acquired DST Global Solutions, a subsidiary of DST Systems, for $95 million in cash. DST Global's products now...
SS&C Expands Investment Management Software and Services Offerings by Acquiring DST Global Solutions
21Vianet Announces $296 Million Investment From Kingsoft, Xiaomi and Temasek
2014-12-01
21Vianet, a carrier-neutral Internet data center services provider in China, announced that affiliates of Kingsoft, Xiaomi and Temasek, a Singapore-based investment company, have entered into share purchase agreements with 21Vianet.
21Vianet Announces $296 Million Investment From Kingsoft, Xiaomi and Temasek
Airtel to Sell Tower Portfolio in Nigeria to American Tower
2014-11-27
Bharti Airtel will sell over 4,800 of its communications towers in Nigeria to American Tower. Airtel will be the anchor tenant on the portfolio under a lease with a ten-year initial term.
Airtel to Sell Tower Portfolio in Nigeria to American Tower
3D Systems Completes Acquisition of Robtec
2014-11-25
3D Systems announced that it completed the acquisition of Robtec, creating 3D Systems Latin America, headquartered in Sao Paulo, Brazil. Robtec is the largest Latin-American additive manufacturing service bureau and the leading 3D...
3D Systems Completes Acquisition of Robtec
Money.Mail.Ru to Become a Part of QIWI Group
2014-11-25
QIWI and Mail.Ru announced that as part of the strategic partnership expansion, QIWI acquires Money.Mail.Ru project from Mail.Ru Group. After the completion of transition period all Money.Mail.Ru transactions will be settled by QIWI.
Money.Mail.Ru to Become a Part of QIWI Group
Yinfu Gold Corporation Acquires Internet eCommerce Platform
2014-11-24
Yinfu Gold announced that it has acquired an internet eCommerce platform. ELRE acquired the intellectual property, including its 31 million customer base, from China Enterprise Overseas Investment & Finance Group for US$48 million...
Yinfu Gold Corporation Acquires Internet eCommerce Platform
NXP Semiconductors Acquires Wearable and Bluetooth Low Energy IC Business of Quintic
2014-11-24
NXP Semiconductors announced that it has entered into an agreement with Quintic to acquire assets and IP related to its Wearable and Bluetooth Low Energy (BTLE) IC business. This transaction contributes to NXP's drive to create...
NXP Semiconductors Acquires Wearable and Bluetooth Low Energy IC Business of Quintic
Descartes Acquires Airclic
2014-11-20
Descartes Systems has acquired Airclic, a US-based provider of mobile solutions that help companies reduce the cost of delivering goods by automating traditional paper-based processes. Airclic's cloud-based mobile solutions help...
Descartes Acquires Airclic
PDSTI Completes Acquisition of Montage
2014-11-19
Montage Technology Group announced that Montage Technology, an entity jointly formed by Shanghai Pudong Science and Technology Investment (PDSTI) and China Electronics Investment has completed its acquisition of the company.
PDSTI Completes Acquisition of Montage
ScholarChip Acquires ABE Systems, Keeps Staff, Plans Major Expansion of Platform
2014-11-19
ScholarChip, creator of the One Card ID System for K-12 schools providing centralized attendance, safety and operations, has acquired ABE Systems from McKenzie Taylor Company, a provider of web-based student intervention software.
ScholarChip Acquires ABE Systems, Keeps Staff, Plans Major Expansion of Platform


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