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PE Firms Cringe At Firstsource Price Tag

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06 October, 2008

PE Firms Cringe At Firstsource Price Tag

Private equity firms are starting to team up to bid for a $400 million stake in India's Firstsource Solutions, sources ......

Xchanging Buys 75% In Cambridge For $147.3 Million

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05 October, 2008

Xchanging Buys 75% In Cambridge For $147.3 Million

UK-based back office services provider Xchanging has agreed to acquire 75% of the fully diluted share capital of Cambridge Solutions (formerly Scandent ......

Axon Recommends HCL Tech Offer; Infy's Rejected

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03 October, 2008

Axon Recommends HCL Tech Offer; Infy's Rejected

UK-based SAP software consultant Axon Group Plc has recommended to its shareholders to accept the offer from HCL Technologies and ......

Polaris Software To Acquire US Based Insurance Technology Co

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30 September, 2008

Polaris Software To Acquire US Based Insurance Technology Co

Software services firm Polaris Software Lab Ltd will acquire U.S.-based technology firm SEEC Inc in an all-cash deal. SEEC Inc ......

Sudip Nandy To Join KKR-Controlled Aricent As CEO

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30 September, 2008

Sudip Nandy To Join KKR-Controlled Aricent As CEO

Sudip Nandy, who headed Wipro's string of pearls acquisition strategy, is joining Aricent Technologies as Chief Executive Oficer. VC Circle ......

Jerry Rao Quits EDS; To Pursue Personal Interests (Investing?)

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29 September, 2008

Jerry Rao Quits EDS; To Pursue Personal Interests (Investing?)

Jaithirth (Jerry) Rao, Chairman of the EDS Asia Pacific Advisory Board, has decided to resign from the Company. Rao, popularly ......

HCL Tech Makes Counter Bid For Axon; Infosys On Defensive

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26 September, 2008

HCL Tech Makes Counter Bid For Axon; Infosys On Defensive

Here is a high octane corporate war brewing in the Indian IT sector. Indian tech company HCL Technologies Ltd. has made a ......

Info Edge To Invest Rs 20 Crore In An Online Insurance Aggregator

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25 September, 2008

Info Edge To Invest Rs 20 Crore In An Online Insurance Aggregator

Info Edge India Ltd, the owners of Naukri.com, will invest Rs 20 crore for a 49% stake in eTechAces Marketing ......

US-based CIBER Acquires Software Services Co Iteamic

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24 September, 2008

US-based CIBER Acquires Software Services Co Iteamic

US-based CIBER Inc, a global system integration consultancy firm, has signed an agreement to acquire Bangalore-based Iteamic Pvt Ltd. The ......

India & US-based Aricent Raises $60M From KKR, The Family Office

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24 September, 2008

India & US-based Aricent Raises $60M From KKR, The Family Office

India & US-based communications software company Aricent has raised $60 million in new round of funding from Kohlberg, Kravis and Roberts ......

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