M&A

Patni JV with Kyashu



JR Kyushu System Solutions, the IT systems arm of Kyushu Railway Company and

Patni Computer Systems Japan, the Japanese arm of Patni have signed a joint

venture pact. The new company, christened JR Kyushu Patni Systems, (JRQP) is a

51:49 partnership between JRQSS and Patni Japan, respectively. The joint venture

is aimed at providing high quality, cost effective IT and product engineering

services to the Japanese enterprise market. It will also expand into other Asian

markets in the future.

GlobalLogics Captive Transfer



GlobalLogic has successfully completed a captive transfer from Global Graphics
Software, a developer of e-document and printing software. Global Graphics has

transferred its India software engineering operations to GlobalLogic as part of

an overall strategy to enhance its market growth in 2010. With partnership,

Global Graphics expects to achieve both a higher level of innovation and

significant cost savings over the contract period. GlobalLogic has absorbed

Global Graphics former India employees into its existing Pune development

center and is providing the firm with product development and quality assurance

services.

Check Point Acquires Liquid Machines



Check Point has acquired privately held Liquid Machines, a leader in data

security. The acquisition will broaden Check Points extensive data security

portfolio. Liquid Machines is a US based company, headquartered in Waltham, MA,

and is a market leader in the field of Enterprise Rights Management. Its

customers include Fortune 100 companies in the financial services, utility and

industrial sectors.