Infosys Announces Results For FY Q2

Infosys, India’s second-largest software exporter has announced financial results for its second fiscal quarter. The company posted revenues of $1.746 billion for the quarter, a  growth of 4.5 per cent from...

Zynga Announces Four New Games, Player Identity Tags

By Vikram Sethi Zynga has announced, to quote the company, ‘brand spankin’ new play.’ Fresh off the oven are four new games - CastleVille, Zynga Bingo, Hidden Chronicles, and DreamZoo.  The company...

New NASA Game Lets Everyone Communicate Like A Astronaut

NASA has released an interactive, educational video game called NetworKing that depicts how the Space Communication and Navigation (SCaN) network operates. The game gives players an insider’s perspective into how astronauts,...

Flextronics and Huawei Expand Strategic Supply Chain Partnership Into Hungary

Flextronics and Huawei has announced that they have expanded their existing supply chain partnership to include services such as reverse logistics and configure-to-order (CTO) products in Hungary. Flextronics currently provides product manufacturing...

IBM Enters Definitive Agreement To Buy Platform Computing

IBM announced  it has entered into a definitive agreement to acquire Platform Computing, a privately held company headquartered in Toronto, Canada.  The acquisition is anticipated to close in the fourth quarter...

ADP Acquires TheRightThing

Automatic Data Processing  said in a statement that it has acquired privately held The RightThing, a recruitment process outsourcing (RPO) provider. The RightThing is also the parent company of AIRS. Terms...

SGX Goes With HP Converged Infrastructure Technology

HP  announced that Singapore Exchange (SGX) has selected HP Converged Infrastructure technology to enhance trade execution and expand capacity. SGX will invest $210 million in an organic growth strategy that includes...

Genpact Acquires High Performance Partners

Genpact Limited announced that it has acquired High Performance Partners and their Quantum Mortgage Technology. Genpact had previously announced an initial equity investment in HPP in March 2010 and now owns...

Qwikster Is Dead. Long Live Netflix.

  Hewlett Packard (HP) is not the only company to change its mind a couple of times in public; now Netflix makes the cut. Days after Reed Hastings hastily (forgive us our...

Disney Acquires India’s Indiagames

It is official now.  Indiagames, a developer and publisher of online, mobile, PC and console games, including the just-launched Ra.One, has been acquired by Disney. Vishal Gondal, Founder and CEO at Indiagames,...

Oracle Pays $199.5 Million In Largest False Claims Act Settlement Ever

Oracle has agreed to pay $199.5 million (plus interest), for failing to meet its contractual obligations to the General Services Administration (GSA), the Justice Department said in a statement.  The settlement relates...

Digital Realty Acquires Fully Leased Operating Data Center in Sacramento, California

Digital Realty Trust, a global provider of data center solutions, has completed the acquisition of 11085 Sun Center Drive, a 69,000 square foot data center facility located in Rancho Cordova, Sacramento,...

Twitter Comes To Madison Avenue, New York

  Michael Bloomberg, Mayor of New York City, and Twitter announced the opening of Twitter’s first office in New York. Located at 340 Madison Avenue, the office will serve as the official...

Inmarsat Selects Hughes to Develop New BGAN M2M Terminal

Inmarsat has selected Hughes Network Systems to develop a new machine-to-machine (M2M) terminal for its BGAN service. Hughes will develop the new 9502 BGAN M2M terminal by building on its 9201-M2M...

Ogilvy & Mather Russia Acquires Promo Interactive

Ogilvy & Mather Russia announced it has agreed to acquire Promo Interactive, formerly a part of the Next Media Group.Following completion, Promo Interactive and OgilvyInteractive will have a combined 71 employees....