IBM Opens New Indian Office, Says 40 More By 2013

By Adam E. John

IBM has opened a new branch office in Indore, Madhya Pradesh in central India. The new office is one of IBM’s 15 branches across the country and is part of IBM’s ongoing investment in India covering the creation of new facilities, offices, training and recruitment, sales and marketing and corporate citizenship, said the company.

IBM currently is focused on increasing its presence in smaller cities across India and to establish a footprint in over 40 Indian cities by 2013.

IBM is engaged with clients and partners across multiple industries in the central Indion region such as automotive, pharmaceutical, food production, software development, retail, textile and public sector. IBM’s customers in the region include food manufacturers Sonic Biochem and Everfresh Bakeries as well as textile manufacturing company Pratibha Syntex.

IBM’s partnership with Sonic Biochem Extractions, an important manufacturer and exporter of soya products, for example,  includes a 10-year outsourcing contract under which IBM is responsible for the hosting and management of Sonic Biochem’s entire IT infrastructure including servers, storage, network equipment and security solutions.

(Adam E. John is consulting editor with He can be reached at [email protected])

Just in

Amazon to invest up to $4B in Anthropic

Amazon will invest up to $4 billion in Anthropic, and will acquire a minority ownership stake in the company. The two companies also announced a strategic agreement aimed at the development of generative artificial intelligence (AI) models.  

Mesh raises $22M

San Francisco, CA-based Mesh, a company working on simplifying digital asset transfers, crypto payments, and account aggregation, has raised $22 million in a Series A funding round.

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.