Tech

NIIT declares 40% dividend, revenue up by 36%

By : CIOL Bureau

NIIT has posted a global revenue of Rs 880 crore for the year ended September 30, 1999, up by 36% over corresponding period last year.

IBM pulls out of US PC retail market

By : CIOL Bureau

IBM has made a dramatic move in the personal computer sector as this week.

Encyclopaedia Britannica goes online… . .Free!

By : CIOL Bureau

Giving in to the demands of market forces, Encyclopaedia Britannica has made its contents free on the Web.

Oracle to boost venture capital fund

By : CIOL Bureau

Oracle said it has put additional funds aside to invest in new high-tech start-ups though the company’s own venture capital group. Oracle CEO Larry Ellison said the fund, to which Oracle allocated $100 million in January to invest in small technology comp

Nortel buys Clarify for $2.1billion

By : CIOL Bureau

Nortel Networks said it had agreed to buy e-commerce software publisher Clarify of San Jose for $2.1 billion in stock, a 50 per cent premium over the company’s market value prior to the merger announcement Clarify’s products link information about a produ

IBM, Cisco team up on ASP effort

By : CIOL Bureau

IBM and Cisco said they would jointly develop new services for application service providers (ASPs), who rent the software to customers on a per-user basis, to enable them to deliver corporate software over the Web.

Memory chip hike hurts PC makers

By : CIOL Bureau

For four years, computer makers have enjoyed being able to stuff their products full of memory chips that were being sold to them at manufacturing cost … or below.

Market Snapshot: PBX and KTS equipments

By : CIOL Bureau

Applications such as voice mail and caller line identification are likely to become the norm in PBX and KTS systems. The equipment prices are expected to fall during 1999-2005.

Pentasoft peps up its overseas presence

By : CIOL Bureau

Pentafour Communications plans to open a training center in London for conducting IBM and Microsoft certified courses.

Bangalore IT.com to achieve 100% booking

By : CIOL Bureau

Bangalore IT.COM ’99, Asia’s largest IT exhibition, is on course to achieve 100 per cent booking

Apple records a net profit of $111 m., IBM to produce G4 chips

By : CIOL Bureau

Apple reported earnings of $90 million, or 51 cents a share, for the three months ended September 25, excluding non-recurring items

Palm and Symbian team up

By : CIOL Bureau

Soon, users of the popular handheld devices will be able to check their calendars, read their e-mail, send a fax, and call their office all using a single device

Maars enters healthcare sector

By : CIOL Bureau

The Chennai-based Maars Software International Ltd. has expanded its spectrum to cover healthcare services by offering complete healthcare solutions

Third Linux vendor heads for Wall Street

By : CIOL Bureau

As expected, Linux server maker VA Linux Systems is the next Linux company to go public in a stock offering that will net the company some $70 million

Kshema Technologies net rises by 480% for first HY

By : CIOL Bureau

Bangalore-based Kshema Technologies has posted a net profit of Rs 2.64 crore in the first half of the current fiscal, as against Rs 55 lakh in the corresponding period of 1998-99, recording a growth of 480 per cent in net profits

Intel, AMD, IBM detail 64- bit processor designs

By : CIOL Bureau

Two years ago, Intel was talking about its IA-64 Merced processor promising a blazing speed of around 650 MHz

Intel, Nokia in TV set-top deal

By : CIOL Bureau

Intel has announced that it had signed a joint development agreement with mobile phone maker Nokia Oyj to make television set-top boxes that combine features of the Internet with broadcast TV

Infosys inaugurates software development campus in Pune

By : CIOL Bureau

Infosys Technologies Limited today announced the inauguration of its Software Development Campus at Pune Infotech Park, Hinjawadi, Pune

Intel to buy DSP Communications

By : CIOL Bureau

Intel Corp has agreed to buy wireless telephone chipmaker DSP Communications Inc in a $1.6-billion deal

Godrej & Boyce to divest from Godrej Pacific Technology

By : CIOL Bureau

MUMBAI: Godrej & Boyce Manufacturing has announced the divestment of its 50 per cent equity shareholding in Godrej Pacific Technology Limited to Tech Pacific. This is a consequence of a strategic decision by Godrej & Boyce to focus on its