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India News Briefs
Cypress to set up design
centre
San Jose, California-based Cypress Semiconductor Corporation is
planning to start a centre at Hyderabad to design complex integrated
chips, at an estimated cost of $15 million.
Indian govt fourth
largest IT spender
Despite economic upheavals, governments in the Asia-Pacific region
are the only recession-proof verticals that could keep up the momentum
in information technology spend, according to research and advisory
firm Gartner.
Infinite is planning
acquisitions
Infinite Computer Solutions is in acquisition mode. The company
plans to acquire a BPO and an IT services company specialising in
the banking and financial services this fiscal.
Nasscom hosts first
ever India-China IT Summit
In a first ever IT gathering in China hosted by Nasscom, both countries
discussed possible areas of co-operation in the area of information
technology.
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