Corporate

McAfee to Invest $80 mn



McAfee will invest $80 mn over the next four years towards expanding

its research and development center in Bangalore. The company also plans to

increase its headcount in India to 1,000 employees from the current strength of

600 employees, by the end of 2008.

Investment by eInfochips



Having set its sights on the Japanese market, Ahmedabad-based

eInfochips is planning to expand its India operations. The company is planning

to set up campuses in Ahmedabad and Pune and invest $8 mn to $10 mn in the next

three years. eInfochips is also looking towards increasing its headcount to more

than 1,000 employees by 2008 with 700 engineers in Ahmedabad and 300 in Pune.

Innovation Center at Pune



Symantec has inaugurated its new research and development center at

Baner in Pune. According to a Symantec press statement, “The expansion work

would be done in two phases.”

Virtusa Expands



Owing to an increase in business and the need to bolster its product

delivery, software development provider Virtusa is on a massive recruitment and

expansion mode in India. Through this exercise the company plans to emerge as

leaders in the financial and telecommunication domains.

Arexera to Expand



Arexera Information Technologies, the wholly owned subsidiary of

Aftek Infosys, is focusing on Pune as the center for having its prime research

and development facility in the coming months. The R&D center would be

housed at Hinjewadi. Simon Khosla, COO of AIT GmbH said that the Indian version

of the search engine Seekport would be launched in India by the end of this

calendar year. Cognizant Opens SAP NetWeaver Test Center

IT services provider Cognizant has announced the opening of

an SAP NetWeaver Test Center at its techno-complex in Bangalore. Cognizant is

making increased investments in SAP solutions to help customers realize the full

potential of SAP's Enterprise Services Architecture based on the SAP NetWeaver

platform.

Servion Expands Operations



Servion Global Solutions has announced its strategic expansion plans.

The company has expanded to a new facility in the IT corridor at Taramani,

Chennai, to house its increasing employee strength. It has also expanded its

operations in Princeton, New Jersey and Silicon Valley, California to support

larger and complex customer projects. The expansion will also envisage the

company ramping up its headcount by over 100 in the next quarter.

Infinera Rewrites Record



Infinera has successfully completed a lab demonstration of a

large-scale photonic integrated circuit (PIC) capable of carrying data at a rate

of 1.6 Terabits per second (Tb/s). “This is the highest data rate yet achieved

for a single PIC,” Infinera said in a statement. Photonic integration is a key

technology for enabling optical networks to scale to carry Internet traffic as

Internet bandwidth continues to grow at double- and triple-digit rates. At a

data rate of 1.6 Tb/s (1.6 tn bits per second), this single chip would be

capable of transmitting simultaneously more than 50 mn Internet telephone calls,

or 160,000 high-definition television broadcasts.

RSA to Open Product Development

Center



RSA security has announced its plans to open a dedicated development

center in Bangalore. RSA already has a product development tie-up with HCL

Technologies for the last seven years. HCL's team of 120 engineers in Chennai

work on developing RSA's solutions like credential provisioning, identity and

access management, and authentication. Outlining the company's India plans,

the company's release said that RSA would invest $2.4 mn into the Bangalore

center, which will house hundred employees by December 2006. The company's

Bangalore center would handle software development, quality assurance and

technical documentation.

Infosys, Andhra Pradesh Sign MoU



Infosys Technologies has announced that it wishes to expand its

presence in Hyderabad in 550 acres of land. The Government of Andhra Pradesh has

already identified 150 acres for Infosys and the balance of 400 acres will be

identified in the near future. A memorandum of understanding (MoU) to this

effect was signed with the Government of Andhra Pradesh in the presence of Chief

Minister of Andhra Pradesh, Dr YS Rajashekara Reddy. NR Narayana Murthy chairman

and chief mentor and T V Mohandas Pai, chief financial officer and director

(Finance and Administration) represented Infosys Technologies. “We are happy

to announce our expansion plans in Hyderabad. The state has a healthy investment

climate and the Government has been very supportive. We intend to invest Rs

1,250 crore in the next 10 years to create a new state-of-the-art campus in

Hyderabad,” said Murthy.

Wipro to Expand in AP 



Wipro is planning to expand its operations in Andhra Pradesh. The

Bangalore-based company plans to invest around Rs 950 crore in the state and

provide employment for 28,500 IT professionals.

Red Hat's Q4 Results



Red Hat has announced financial results for its fiscal fourth quarter

and fiscal year ended February 28, 2006. Total revenue for the quarter was $78.7

mn, an increase of 37% from the year ago quarter and 8% from the prior quarter.

For the full year, total revenue was $278.3 mn, an increase of 42% over fiscal

2005 revenue, and subscription revenue was $230.4 mn, up 53% from the prior

year. For the full year, net income rose 75% to $79.7 mn over the prior fiscal

year.

Metropolis to Apply ERP



Metropolis Health Services, a corporate chain of diagnostic centers,

is planning to connect all its centers for better functioning and coordination.

It is in the process of implementing an enterprise resource planning (ERP)

application across all its centers. It comprises SAP and laboratory information

management solution (LIMS) and is expected to go live by September 2006.

PricewaterhouseCoopers (PWC) is the solution provider and implementation partner

for the project.

Assessment Zone



Skills assessment company MeritTrac Services has announced that

MeritTrac Assessment Zone, its new concept of an integrated facility for

assessments-led recruitment is open for corporates in Bangalore. The Bangalore

Assessment Zone was formally inaugurated by Dr K Balaveera Reddy,

vice-chancellor of Visvesvaraya Technolgical University .