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News
Briefs
Samsung
set to enter Indian notebook market with premium offerings
Samsung India Electronics’ IT and Telecom division has unveiled
plans to enter the Indian notebook market within the first quarter
of 2004. The company, which is already selling notebooks across
18 other countries, will be launching around 8-10 models in the
initial phase.
iGATE
signs $20 million banking deal
iGATE Global Solutions has signed a $20 million deal with ING Vysya
Bank. Under the terms of this deal iGATE will assist the bank in
formulating its IT and IS strategies. iGATE will help ING Vysya
identify and procure hardware.
Turin
to develop products for Indian carriers
Having survived the telecom bust, Turin Networks has come out strongly
with 2003 revenues of $200 million to compete with heavyweights
such as Cisco and Tellabs in the optical transmission equipment
market.
Subex
systems forays into Chinese market
After evaluating the Chinese market for 15 months, Subex Systems
has finally taken the plunge with the opening of a sales and support
office in Beijing.
Cranes
Software International enters into tie-ups with UK-based companies
Cranes Software International (CSIL) has entered into a tie-up with
the UK-based Lanner Group and Popkin Software. CSIL will distribute
products from these companies in India, including Witness, Simba
and System Architect.
WebEx
Inc to acquire CyberBazaar
California-based WebEx Communication, a leading solutions provider
for Web-based communications services, has entered into an agreement
to acquire its Indian solutions partner CyberBazaar (India) in a
$4 million cash deal.
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