Infotech - Page 2
Cyient to acquire Portugal-based Celfinet to boost wireless...
Global technology solutions company Cyient on Monday announced that it had signed definitive agreements to acquire Portugal-based wireless engineering...
Wipro to acquire Rizing for about $540 million
IT company Wipro Limited will acquire 100 per cent stake in Rizing Intermediate Holdings for about $540 million (around Rs 4,135 crore) in an all-cash...
Microsoft posts double-digit growth, Azure Cloud biz soars
Riding once again on its Azure Cloud business, Microsoft has posted double-digit growth in its third quarter that ended on March 31, posting a revenue...
Operating margin of Indian IT firms may contract in Q4 on high...
Operating margins of most Indian IT services companies are likely to come under pressure in the fourth quarter earnings owing to higher expenses and...
Indian IT spend to grow 6.3 per cent at $110.6 billion in 2022
Indian IT spending is likely to grow at a healthy rate of 6.3 per cent to reach $110.6 billion in 2022 despite the geopolitical uncertainty, high...
Microsoft acquires data process mining vendor Minit
Microsoft has announced to acquire Minit, a leader in process mining technology, for an undisclosed sum.
Wipro GE Healthcare launches Rs 100 cr facility under PLI scheme
Wipro GE Healthcare on Thursday announced the launch of its new manufacturing facility here under the government's production-linked incentive (PLI)...
Infosys says no active business relationship with Russian enterprises
IT major Infosys has been caught in the cross hairs of the Russia-Ukraine conflict inadvertently.
