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IT, ITeS & Communications

Fifth biggest domestic tech company Tech Mahindra is looking at upcoming 5G rollouts in global markets as a big opportunity and is on the right trajectory in its communications vertical to achieve ‘gradual growth’ from now on, a top official has said. In the recent past, communications, which has traditionally been the mainstay for the […]

Technology firm Intel will set up a development centre in Hyderabad. The proposed centre is expected to create 1,500 jobs “in the initial phases.” An Intel delegation, headed by its Country Head Nivruti Rai, held discussions with IT Minister KT Rama Rao. “The Minister briefed them about the Industrial Policy of Telangana and the infrastructure […]

Cloud services firm Appirio, a Wipro acquired entity, has opened a new office in Porto, Portugal to expand its European operations and meet growing demand in the region. Appirio, which provides cloud-based services that help organisations create next-generation worker and customer experiences, is considered one of the key acquisitions of Wipro to strengthen digital technology […]

Mid-size information technology company Mphasis announced acquisition of a US-based technology services player Stelligent for USD 25 million in an all-cash deal. Established in 2007, the Reston, Virginia- headquartered Stelligent specialises in ‘DevOps automation’ on Amazon Web Services (AWS), the online retail giant’s cloud offering, an official statement said. Mphasis chief executive and executive director […]

Lulu Group has envisaged an investment of ₹2,400 crore in the Kerala’s IT sector to develop a total of 50 lakh sq ft space by 2021. Of this, 15 lakh sq ft has already been completed at Lulu Cyber Tower at Kochi InfoPark with world class infrastructure, said MA Yusuff Ali, Chairman and Managing Director, […]

IT services firm Mphasis has acquired Virginia-based cloud technology services company Stelligent Systems LLC in an all-cash deal valued at $25 million. Stelligent Systems specialises in DevOps automation on Amazon Web Services (AWS), which means, as more enterprises move to the cloud, Stelligent helps them deploy applications on the cloud with greater speed, agility and […]

Wipro said it has partnered with Israeli company Check Point to strengthen delivery of cyber security and threat prevention solutions for customers that are investing in cloud infrastructure. The Bengaluru-headquartered IT services company would deliver Check Point’s advanced and dynamic cloud security solution, CloudGuard IaaS (infrastructure as a service). Wipro said in a press release […]

Tata Consultancy Services (TCS) said it acquired design company W12 Studios for an undisclosed sum, the Indian technology leader’s first digital buyout that should help the country’s most valuable company get a bigger share of the global digital marketing spend. Accenture has bought a slew of companies in the space and its digital marketing business […]

IBM is acquiring Red Hat, a major distributor of open-source software and technology, in a deal valued around $34 billion, the companies announced.According to a joint statement, IBM will pay cash to buy all shares in Red Hat at $190 each. Shares in Red Hat closed at $116.68 on Friday before the deal was announced. […]

Microsoft has closed its $7.5 billion acquisition of GitHub, a leading software development platform which brings more than 31 million developers to create, collaborate, share and build on each other’s work. Nat Friedman, the former CEO of Xamarin (acquired by Microsoft in 2016), is taking over as GitHub’s CEO, Microsoft said in a statement. Microsoft […]