Advertisment

M&A

author-image
DQI Bureau
New Update

Lexmark Acquires Perceptive



Lexmark International has entered into a definitive agreement to acquire

Perceptive Software in a cash transaction valued at approximately $280 mn. This

acquisition enables Lexmark to immediately participate in the adjacent, growing

market segment of ECM software solutions. It also provides additional revenue

streams in software maintenance and professional services that are not paper

usage dependent.

Advertisment

HCL Info Buys Dubai IT Firm



HCL Infosystems has announced the buyout of 60% stake in NTS Group, the IT
services and solutions company based in Dubai. Specific areas covered by NTS

include computer hardware, enterprise software solutions, infrastructure and

networking solutions, e-security solutions and web development services. With

the addition of NTS, HCL Infosystems will now expand its global footprint in the

Middle East and African market with direct operations to address the system

integration and services need in these regions.

RCom Acquires Digicable



Reliance Communications has approved a proposal to acquire Digicable,

Indias largest cable TV service provider in an all-stock deal of the new

entity. The new entity named Reliance DigiCom is an integration of RComs DTH,

IPTV and retail broadband operations with Digicable. This will be Asias largest

and the fifth largest company to offer full-suite of triple play

servicesDigital TV, ultra high-speed broadband and voice.

Rolta Acquires PCI Geomatics License



Rolta has entered into a definitive agreement with PCI Geomatics Enterprises of
Canada to acquire geo-imaging technology used in earth imaging, remote sensing

and related geopositioning solutions. It has acquired these licenses of PCIs

geo-imaging technologies, including source code, design and software

architecture exclusively for India and non-exclusively throughout the rest of

the world. Rolta will now be able to offer world-class solutions for processing

stereo and mono satellite imagery in areas such as environmental modeling,

forestry and natural resources, etc.

Advertisment
Portal on Arab Women
An Abu Dubai media company has launched a website solely

dedicated to Arab women. The anaZahra.com aims to reflect the lives,

passions and pursuits of Arab women. It also hopes to offer greater

interaction and create a sense of community. The portal will deal with

topics ranging from beauty, fashion, well being to society, personal

empowerment and celebrity news. The overall look and feel is complemented by

a minimalist design that conveys freshness and femininity.

Pakistan Worlds #1 Porn Watcher



According to a Fox News report, Google ranked Pakistan #1 in the world in

searches for pornographic terms, outranking every other country in the world in

searches per person for certain sex-related content. Pakistan is a top dog in

searches per-person for horse sex since 2004, donkey sex since 2007, rape

pictures between 2004 and 2009, rape sex since 2004, child sex between 2004

and 2007 and since 2009, animal sex since 2004 and dog sex since 2005,

according to Google Trends and Google Insights, said the Fox News report.

Suicide Note on Twitter



A twenty seven year old South Korean man committed suicide after posting a

suicide note on Twitter. Police found the body of Lee Kye-Hwa, who was working

as a disc jockey in a Seoul bar, hanging from a ferry dock on the Han river in

Seoul. His family reported him missing after he posted a message in Korean on

Twitter. "Im going to commit suicide. To all of you, even those who shared the

slightest friendship with me, I love you," he wrote.

Infosys to Shut Down Bangkok Back-office



Infosys will shut down its back office operations in Bangkok, that it acquired
as part of a $250 mn deal with Philips BPO in 2007. As part of the deal, Infosys

had acquired the Dutch majors three outsourcing offices located in Thailand,

Poland and India (Chennai). At that time, Infosys had gained 1,400 Philips

employees for its BPO team. The companys Bangkok center now employs around 175

people. As part of a rationalized international center strategy, its BPO

operations in the Bangkok center had been relocated to India and China.

Advertisment