IT Services

NEC will promote the global reach of KMD’s software by utilizing the NEC Group’s sales channels. Headquartered in Minato, Tokyo, NEC Corporation has announced to acquire KMD Holding ApS, the holding company of KMD A/S (KMD), the largest Danish IT company. Reportedly, NEC is acquiring KMD for approximately 8 billion Danish Kroner (DKK) from Advent

Wipro announced that it had taken over Australian design agency Syfte, for an undisclosed amount, as it expands its digital business in Australia and Asia-Pacific. Wipro Limited, a leading information technology, consulting and business process services company, announced that it has taken over the strategic design consulting team at Syfte, an Australian design agency which

The newly appointed head will lead Wattpad and work with local partners to turn Wattpad stories into film, television, print, and digital projects. Previously, Devashish was a part of the founding team at CoHo, one of India’s co-living companies. He has also held roles in Toronto and Silicon Valley. Devashish will beWattpad’s first Country Manager

Tencent Music, owned by Chinese tech giant Tencent, dominates music streaming in China According to a regulatory filing, Tencent Music aims to raise between $1.07 billion and $1.23 billion by going public on the New York Stock Exchange. Earlier this year, the company was reportedly seeking to raise $2 billion. Tencent Music is aiming to

The acquisition would drive continued growth and success for both the business entities and their customers. Corel Corporation a software company specializing in graphics processing has announced that it has acquired the Parallels business, a global leader in cross-platform solutions best known for its #1-selling software for running Windows on Mac. Now Corel’s offers the

Ever since, U.S & European nations have reduced job opportunities for Indian IT professionals, the country has been experiencing a decline in its employment rates. Japan on the other hand, has been wrestling to keep up with the rapid technological innovations. Hence, there is a dire need for IT professional who can retain the technology

A final contract has been signed between Wipro, India’s leading global information technology consulting & business services company, and Ensono, a major hybrid IT service provider for USD 405 million. A long-term collaborative treaty has also been signed between Wipro and Ensono to approach the upcoming hybrid IT requirements and the company’s existing consumers unitedly.

Bain & Co partner, Chris Brahm, has reportedly said that India may encounter serious competition  from the new and evolving IT companies in the coming years. Currently, the Indian IT-business process management (BPM) industry is worth $167-billion. The Indian IT sector comprises of mega companies such as Wipro, Infosys, Cognizant, IBM, HCL, Accenture and TCS. Around 55%

American video-sharing website, YouTube is rapidly gaining Indian viewers (80%) of varied age groups. Due to easy accessibility, cheaper data plans and ever expanding content for all languages, Google owned YouTube has 225 million monthly active users on mobile alone. Recently, YouTube, conducted a survey on 3,230 people from eight cities, namely Mumbai, Delhi, Lucknow,

Infosys buys back over 11 crore equity shares under its Rs 13,000 crore buyback scheme. With this, the IT services major completes its Rs 13,000 crore buyback programme. This buyback programme of Infosys had participation from Sudha Gopalakrishnan, Rohan Murty, and LIC among others. Infosys’s buyback scheme, which is a first in the company’s over

With an urge to attract more investment from Indian businesses, the Mayor of London wants to strengthen links with Indian businesses, opens the country’s tech hub of Bangalore to make it easier for Indian companies to get established or grow in London. This has come out after Wipro announced a new office in London. Wipro’s

Thomas Cook India prefers Odisha as a growth market for forex business, the company said in a statement. Thomas Cook, a travel service provider, said in a statement given in the media that it has identified Odisha as a significant growth market for its foreign exchange business. To leverage this opportunity, Thomas Cook India has