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Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…
Read More Infosys To Buy Automation Tech Firm Panaya For $200 MN
Infosys today announced that it will be shelling out $200 million for a little known US-based firm Panaya that is a privately held company backed by venture capital firms like Benchmark Capital, Hasso Plattner Ventures and Battery Ventures. "The acquisition of…
Read More $200 Mn Well Spent? 3 Reasons Why Infosys Buying Panaya May Be A Good Idea
Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…
Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…
Read More Infosys To Buy Automation Tech Firm Panaya For $200 MN
Infosys today announced that it will be shelling out $200 million for a little known US-based firm Panaya that is a privately held company backed by venture capital firms like Benchmark Capital, Hasso Plattner Ventures and Battery Ventures. "The acquisition of…
Read More $200 Mn Well Spent? 3 Reasons Why Infosys Buying Panaya Makes Good Sense
Infosys on Monday announced the acquisition of US-based software automation technology firm Panaya for $200 million in an all-cash deal. This is the software major’s first acquisition after Vishal Sikka took over as the CEO in August last year. Panaya is…
Read More Infosys’ Panaya Buy Furthers Vishal Sikka’s New Tech, Automation Bets
Infosys will acquire US-based automation technology company Panaya for $200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after Swiss consulting company Lodestone, which it bought for about $350 million (Rs 1,932 crore)…
Infosys, on Monday, announced that it had signed a definitive agreement to fully acquire U.S.-based automation technology provider Panaya for an enterprise value of $200 million. This is the company’s second largest acquisition after it acquired Zurich-based consulting company in 2012…
Read More Infosys Acquires Automation Tech Firm Panaya For $200 Million
In keeping with its new chief executive officer, Vishal Sikka’s vision of being more digital and introducing more automation, India’s second-largest software services exporter Infosys Ltd said on Monday it will buy automation technology company Panaya Inc. for about $200…
Read More Infosys To Buy US Automation Tech Firm Panaya For $200 MN
Infosys today announced that it will be shelling out $200 million for a little known US-based firm Panaya that is a privately held company backed by venture capital firms like Benchmark Capital, Hasso Plattner Ventures and Battery Ventures. "The acquisition of…
Read More $200 Mn Well Spent? 3 Reasons Why Infosys Buying Panaya Makes Good Sense
Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…
Read More Infosys To Buy Automation Tech Firm Panaya For $200 MN
Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…
Read More Infosys To Buy Automation Tech Firm Panaya For $200 MN
There are more than 900 million mobile phone users in India - but most of them are on a tight budget and so they do what they can to keep the costs down. Companies have found a way they can…
Read More Watch Sanchit Vir Gogia talk on Missed Call Economy on BBC World
As organizations look to lower costs and enable uninterrupted global productivity, the focus has been on centralizing those systems and tasks that require highly specialized skills. Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research, believes that centralized IT…
Read More Boost Productivity, Increase Uptime And Lower Costs With Centralized Infrastructure
The National Association for Software and Services Companies expects Indian IT exports to grow 12-14% in FY16, after the industry marginally missed its growth forecast for the current financial year. The projected growth is slower than last year, raising concerns on…
Read More Nasscom Sees Flattish Export Growth Next Fiscal At 12-14 Per Cent
When Satya Nadella was named to head Microsoft Corp. on 4 February last year, there were expectations that he would boost its already strong enterprise business and research and development units in Hyderabad and Bengaluru, given his Indian roots and…
Read More What Satya Nadella’s Year In Charge Meant For Microsoft’s India Unit
With Business Intelligence (BI) fast becoming a top priority for most enterprises, achieving RoI through BI implementation has come as a major challenge for IT leaders. While many CIOs plan to invest in BI in near future, most of them fear…
The Indian workplace is changing quickly, with technology at the centre of the change. Cloud computing is no longer a technology buzzword tossed around in company corridors. It’s mainstream now than ever before and to be on the cloud is…
HCL Technologies needs to rethink its strategy as its fastest-growing vertical, infrastructure services business, has been slowing down with clients shifting to cloud technology , experts said, suggesting increased investment to push other businesses at India's fourth largest information technology…
Oracle India is ramping up its cloud business with the addition of a dedicated sales force that will sell Oracle Cloud solutions. The company announced that it plans to hire more than 200 sales professionals to accelerate and ramp up…
Read More Cloud Domination Dreams: Oracle To Hire Troop Of Sales Professionals Across India
Unable to cash in on the cloud computing growth and due to heavy discounts on its products, Oracle India's profits saw a decline of 12 per cent in 2013-14 to Rs 297 crore. Oracle's rival SAP, which has been quite…
Read More Slow Cloud Computing Growth Pushes Oracle Profits Down 12%
The last few months have seen numerous phishing attacks and hacking on to corporate networks—are you seeing the threat landscape getting more complicated? The security industry is rightly earning its long due importance in organisations owing to numerous attacks last…
Read More CIOs Need A Broad Outlook For Developing Security Strategies
In a widely anticipated move, Microsoft announced last week that its newly launched operating system, Windows 10, will be provided as a free upgrade to the users of Windows 7, Windows 8.1 and Windows Phone 8.1. Terry Myerson, Executive Vice President,…
With the resumption of the discussions on Social Security Agreement and Bilateral Investment Agreement finding pride of place in Prime Minister Narendra Modi's announcements at the joint press meet with visiting US president Barack Obama, the country’s IT sector is…
Read More Indian IT Industry Mood Lifts on Totalisation Pact
‘Trespassers will be recruited,’ an adage that defined the hiring needs of India’s $120-billion IT services space in the last decade may no longer hold true. All indications are that frontline companies may hire fewer staffers going forward as they bring…
Read More The days of ‘big bang’ hiring by IT firms may be over
How cool is it to take the indigenous idea of a small, humble, cost effective and convenient missed call, turn it into a business and make a hefty profit out of it. And all this while being snapped up by…
Read More Desi startups: Don’t look now, but global biggies are checking you out : Firstpost
How cool is it to take the indigenous idea of a small, humble, cost effective and convenient missed call, turn it into a business and make a hefty profit out of it. And all this while being snapped up by…
Read More Desi startups: Don’t look now, but global biggies are checking you out
Apple has stepped up its India play, tying up with Vodafone to offer its range of devices, including the iPhone 6 and 6 Plus, on monthly installments over two years, while the country's No. 2 Telco looks to tie in…
The number of crorepatis at Cisco India shot up to 132 in 2014 from just three in the previous year, a development that comes at a time when the USbased network equipment maker is gearing up to cash in on…
Read More Cisco adds 129 crorepatis in a year to retain talent
Beating expectations, Infosys on Friday reported 13 percent jump in consolidated net profit for the third quarter to Rs 3,250 crore, helped by increase in business and clients from North America, as also from India. However, Greyhound Research CEO Sanchit…
Read More Infosys Q3 net profit up 13% at Rs 3,250 crore; beats expectations
