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Cognizant to acquire US-headquartered digital video solutions provider itaas

Wednesday, April 23, 2014 | More »

IT services major Cognizant Technology Solutions Corp has entered into a definitive agreement to acquire itaas, a digital video solutions company headquartered in Atlanta, Georgia, for an undisclosed amount. The acquisition will enable Cognizant to capitalize on the growing demand for greater intera...


Sify’s Q4 revenues rise 13.5% to Rs 263Cr

ASDAQ-listed Sify Technologies Ltd, which provides managed enterprise, network, IT and software services, has reported a net revenue of Rs 263 crore for the quarter ended March 31, 2014, against Rs 231.7 crore last year. Net profit for the quarter was Rs 4 crore compared with net loss of Rs 1.6 cror...

22 April, 2014 |More »


Cloud integration platform Zapstitch raises angel funding

Zapstitch.com, a cloud integration platform launched by Satya P Devarakonda, co-founder of YourBus.in which was recentlyacquired by ibibo Group, has raised an undisclosed amount in funding from Anupam Mittal, founder of People Group, which owns & operates various internet properties including S...

22 April, 2014 |More »


Microsoft Ventures’ Big Data startup Frrole raises $245K in angel round

Bangalore-based Frrole, a Big Data startup, has raised $245,000 (Rs 1.5 crore) in angel funding from eight angel investors and entities from India and US led by Sharad Sharma (former head of Yahoo! R&D centre in India), Google’s India MD Rajan Anandan and Eka Software founder Manav Garg throug...

22 April, 2014 |More »


Tech Mahindra to acquire 75% in Big Data startup FixStream for $10M

Tech Mahindra Ltd has entered into an agreement to acquire 75 per cent stake in FixStream Network Inc (FSNI) for $10 million (Rs 60 crore), as per a stock market disclosure. FSNI is going to develop emerging technology which will benefit Tech Mahindra’s customer base, the statement said. Founded i...

21 April, 2014 |More »


Zebra Technologies to acquire Motorola Solutions’ enterprise business for $3.45B

Zebra Technologies Corporation, a global leader in barcode printing and RTLS technology has announced that it has entered into a definitive agreement with Motorola Solutions Inc. to acquire its enterprise business for $3.45 billion in an all-cash transaction. The acquisition will be funded through a...

15 April, 2014 |More »


Silicon Valley-based ActMobile acqui-hires Indian tech startup Colimetrics

US-based mobile technology company ActMobile Networks has acqui-hired Bangalore-based Colimetrics Software that uses technology to help companies improve employee productivity in an all-stock deal, Economic Times reported citing Pankaj Kulkarni, co-founder of Colimetrics. While financials of the dea...

14 April, 2014 |More »


Excl: Big Data firm Affine Analytics in talks to raise Series A led by Helion

Bangalore-based Big Data firm Affine Analytics is in talks to raise its Series A round of funding led by Helion Venture Partners, sources familiar with the development told Techcircle.in. For more details click here. When contacted by Techcircle.in, Manas Agarwal, founder, Affine Analytics, decline...

11 April, 2014 |More »


A look at the 9 social ventures that will each receive $50K in funding as part of the Artha Venture Challenge 2013

Artha Venture Challenge (AVC), a national competition designed to identify, select and provide the best socially focused ventures access to mentoring, connections and funding has announced the names of its nine winners for AVC 2013. All of them will receive up to $50,000 (Rs 30 lakh) in funding from...

11 April, 2014 |More »


Freshdesk’s global competitor Zendesk files for IPO to raise up to $150M on NYSE

California-headquartered Zendesk Inc, a provider of SaaS-based customer support platform to enterprises, has filed for an initial public offering (IPO) where it is looking to raise up to $150 million. It intends to use the net proceeds to be raised from the offering for working capital or general co...

11 April, 2014 |More »

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