Corporate

Vodafone Idea Q2 Results : Financial And Other Details

Vodafone Idea Q2 Results : Financial And Other Details

November 15, 2018 at 1:50 pm 0 comments

Vodafone Idea, the company that was born out of the merger between Vodafone India and Idea Cellular, has announced its financial results for Q2 ended September 30, 2018. This is the first quarterly result the new company announced post the closure of the merger that happened on 31 August 2018.Read More

SAP Acquires SurveyMonkey Rival Qualtrics For $8 Bn

SAP Acquires SurveyMonkey Rival Qualtrics For $8 Bn

November 12, 2018 at 9:22 am 0 comments

German software major SAP has acquired Qualtrics International, a cloud based software firm in the area of experience management, for $8 billion. The all cash deal was announced just days before the cloud based survey firm goes for a public listing. The deal is expected to close in the firstRead More

Nokia, Infosys To Jointly Develop Digital Transformation Solutions

Nokia, Infosys To Jointly Develop Digital Transformation Solutions

November 9, 2018 at 10:01 am 0 comments

Nokia and Infosys have announced a joint effort to help industries and enterprises in their digital transformation journey. Both the firms will develop products and solutions using their own expertise to address the digital needs of the enterprises, Nokia said in a joint statement. The industries that the two technologyRead More

Airtel Africa Inches Closer To IPO, Appoints Board Of Directors

Airtel Africa Inches Closer To IPO, Appoints Board Of Directors

November 3, 2018 at 7:56 am 0 comments

Bharti Airtel’s subsidiary Airtel Africa that operates in 14 countries in the African continent on Friday announced a set of new Board of Directors as a prerequisite for its intended IPO. The Board of Directors includes representatives from Airtel and the investors. The Board of Directors includes – Sunil BhartiRead More

Tata Tele Sell stake In ATC’s India Mobile Tower Arm, To Settle Dues

Tata Tele Sell stake In ATC’s India Mobile Tower Arm, To Settle Dues

November 1, 2018 at 1:39 pm 0 comments

Tata Teleservices has offered to sell half or 13% of its stake in mobile tower company ATC TIPL to majority shareholder American Tower Corporation (ATC) for Rs 2,940 crore. IDFC is also selling its entire stack of 2% in ATC. Tata Teleservices Ltd will also pay Rs 2,360 crore, toRead More

IPO In Mind, Airtel Africa Raises $1.25 Bn From 6 Global Investors

IPO In Mind, Airtel Africa Raises $1.25 Bn From 6 Global Investors

October 24, 2018 at 8:42 am 0 comments

Bharti Airtel’s Africa business or Airtel Africa is planning to raise $1.25 billion from six global investors including SoftBank, Singtel, Temasek and Warburg Pincus to reduce debt and prepare the company for its planned IPO. “The proceeds will be used to reduce Airtel Africa’s existing debt of approx. USD 5Read More

Qualcomm Launches Snapdragon 675 Mobile Platform

Qualcomm Launches Snapdragon 675 Mobile Platform

October 23, 2018 at 8:47 am 0 comments

Qualcomm has launched a new mobile platform – Snapdragon 675. The Snapdragon 675 mobile platform offers outstanding gaming, a leap in artificial intelligence (AI) capability and a newer camera functionalities, claims the San Diego headquartered technology firm. “The Snapdragon 675 plays a primary role in allowing OEMs to design nextRead More

Cloud Computing Firm Nutanix Acquires Frame

Cloud Computing Firm Nutanix Acquires Frame

October 4, 2018 at 1:09 pm 0 comments

San Jose, California headquartered cloud computing firm Nutanix has announced the acquisition of Frame, a cloud-based Windows desktop and application delivery firm. With Frame, Nutanix customers will be able to deliver desktops-as-a-service (DaaS) from multiple clouds, combining the consumer-grade simplicity and web-scale design of cloud applications with the functionality ofRead More

Tata Communications Acquires Dutch IoT Firm Teleena

Tata Communications Acquires Dutch IoT Firm Teleena

October 3, 2018 at 1:47 pm 0 comments

Tata Communications hass announced that it is acquiring Teleena, a Netherlands-based Internet of Things (IoT) connectivity specialist and mobile virtual network enabler (MVNE). The company’s technology reduces the operational complexity and cost of mobility and IoT deployments for businesses. Teleena’s solution is a key part of the Tata Communications’ MOVERead More

Adobe to Acquire B2B Marketing Firm Marketo For $4.75 Bn

Adobe to Acquire B2B Marketing Firm Marketo For $4.75 Bn

September 21, 2018 at 1:59 pm 0 comments

Software major Adobe Friday announced to acquire Marketo, a cloud based B2B marketing engagement firm, for $4.75 billion. “The imperative for marketers across all industries is a laser focus on providing relevant, personalized and engaging experiences,” said Brad Rencher, executive vice president and general manager, Digital Experience, Adobe. “The acquisitionRead More