Posts From CIOL Bureau

BoA to invest $100 m. IT sector

By : CIOL Bureau

Bank of America is planning to invest around $100 million in the IT sector in next six months in India.

Sivan Securities, BoA launches technology incubator

By : CIOL Bureau

Sivan Securities and Bank of America Equity Partners-Asia (BAEP) have announced the formation of Global Technology Ventures (GTV), an IT incubator to create, build and mentor the development of Indian technology companies.

Compudyne Winfosystems records 267% growth

By : CIOL Bureau

Compudyne Winfosystems Ltd. (CWL) has recorded a total turnover of Rs 6.43 crore for the year ended March 2000.

Acer India appoints Tech Pacific as national distributor

By : CIOL Bureau

Acer India has appointed Tech Pacific Technology (India) Ltd. as its national distributor for its range of products.

Autodesk launches Autodesk Inventor

By : CIOL Bureau

Autodesk India has launched Autodesk Inventor, a software that facilitates modern engineering, design and drafting with `Adaptive Engine’.

APC acquires Advance Power

By : CIOL Bureau

American Power Conversion has acquired Advance International Group subsidiary, Advance Power, which is engaged in DC-based power solutions used in telecommunications and Internet applications, for $75 million in cash.

Epson ties up with Accel

By : CIOL Bureau

Epson has announced a tie up with Accel ICIM for its service coverage and to expand its service network in various regions.

A marketplace for SMEs

By : CIOL Bureau

Itconnexion.com is a new site from where customers can search for vendors for procuring products and services and in turn vendors can have access to a pool of IT customers.

Carrier companies enter the ASP fray

By : CIOL Bureau

Participation of carriers in the ASP business can alleviate the problem of bandwidth. ASPs invest more time and money in managing bandwidth, data centers, service integration, customer interface and administration than in providing the solution itself.

Apple to restructure its distribution

By : CIOL Bureau

The India office of Apple Computers International is restructuring its distribution channel.

Sapphire to set up call center network

By : CIOL Bureau

Sapphire Infotech Pvt Ltd, a Delhi-based solutions and services company, is in the process of setting up a countrywide network of Web-enabled call centers.

Sapphire to set up countrywide network of call centers

By : CIOL Bureau

Sapphire Infotech Pvt Ltd, a Delhi-based solutions and services company, is in the process of setting up a countrywide network of Web-enabled call centers.

US government seeks break up of Microsoft

By : CIOL Bureau

The US government has formally recommended the breakup of Microsoft Corporation. It has proposed that the company should be broken down into two entities in order to check its monopoly on various software segments.

Catching them all in free Net

By : CIOL Bureau

Caltiger, the ISP that is offering free Net access has got plans to go it in a big way to capture a major chunk of the ISP market in a short time. It also wants to go public by December.

Philips launches monitor range

By : CIOL Bureau

The consumer electronics and PC peripherals division of Philips, has unveiled a range of monitors, speech recognition software – FreeSpeech 2000 and its related hardware peripherals.

Novell creates file services for Net

By : CIOL Bureau

Novell Inc. has announced the availability of hosted file services on the Internet that provide integrated file services with caching on the Internet.

Techweb to build construction industry portal in Malaysia

By : CIOL Bureau

Techweb Technologies has tied up with Beam Consulting Sdn Bhd of Malaysia to build malaysiabuilder.com, a portal for the building and construction industry in Malaysia.

Peoplesoft to set up development center in India

By : CIOL Bureau

Peoplesoft is planning to set up a development center in India. The center is e expected to come up in Bangalore with the company investing $3-4 million. During the first year, Peoplesoft will hire 40 professionals for the center.

Compaq launches Net access devices

By : CIOL Bureau

Compaq India has launched a range of Internet access devices including the iPAQ Desktop, iPAQ PocketPC, thin clients and wireless Lan solutions.

Mantra Online to offer Unimobile’s mobile Net services

By : CIOL Bureau

Mantra Online has tied up with Unimobile.com Inc. to offer mobile Internet services using the latter’s Internet mobile product.