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Upfront
Quantum completes acquisition of Certance
Quantum Corporation has announced that it has completed the acquisition of
Certance, a privately held global supplier of tape drives and data protection
solutions. Under the terms of the agreement Quantum acquired Certance for $60
million in an all-cash transaction deal.
Post-acquisition, Quantum is the world's largest volume supplier of tape drives
and tape automation.
Moser Baer facilities receive ISO 14001 & OHSAS 18001
certification
Moser Baer India Ltds, manufacturer of optical storage media, two largest
plants-one each in Greater Noida and Noida-have been certified ISO 14001 and
OHSAS 18001 complaint. The two plants contribute over 90 percent of the companys
production.
The systems were analyzed and audited by a team from Det Norske Veritas (DNV),
prior to the award of the certification-on Environmental Management System (ISO
14001: 1996) and Occupational Health and Safety Management System (OHSAS 18001:1999).
Sierra Atlantic to set up GDC in Hyd
Sierra Atlantic, an offshoring enterprise applications company, has announced
its growth plans with the launch of its third facility 'Sierra Atlantic City
Centre' in Hyderabad. As part of the expansion plan, Sierra Atlantic has already
finalised a blueprint for the 2.50 lakh sqft global development centre, which
would come up on a 7-acre campus in Banjara Hills. The campus would house 2,400
Sierra Atlantic associates. The first phase is expected to be ready by Q2 2006.
Sierra Atlantic City Centre is a 40,000-sqft facility and can accommodate over
400 associates. The facility will provide implementation, integration, development,
support and interoperability services to Sierra Atlantic's global customers.
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