1997

Steve Jobs is back with Apple.

TUL finally becomes TIL. The name change came in the wake of the pulling out of Unisys Corp from the JV in which it held 40% stake. 

Hemant Bharat Ram takes over as the Executive Director of DCM Data Systems. He replaces Veer Sagar who has been the CEO of the company since 1989.

In what is regarded as the largest merger in the networking history, US Robotics merged with US Robotics to create a networking leader with more than $5 billion in annual revenues.

After a career spanning 16 years AV Sridhar leaves Wipro

Infotech. 

HCL HP becomes HCL Infosystems. HCL and HP parted ways amicably, with the former buying out HP’s 26% stake. The break up brings to the fore the stark truths of running a multi-dimensional business and realizing the dreams of an Asian IT superpower.

Intel India appoints Unicorp as its solutions partner.

Multinationals finally overtake homegrown brands in consumer acceptance in the country. According to PCQuest User’s Choice survey, Compaq and IBM replace long time leaders HCL HP and Wipro in PCs as the brand of choice. 

VSNL cuts access charges for leased lines and dial-up modems connected to the Internet.

The US Department of Justice has asked a federal court to impose a fine of $1 million a day on Microsoft Corp for allegedly violating a key portion of the 1995 anti trust agreement between the software giant and the

DoJ.

PTC acquires ComputerVision.