M&As

Wipro to Buy Infocrossing

Wipro has announced that it has entered into an agreement to acquire US-based
Infocrossing and its subsidiaries, in an all cash deal of $18.70 per share,
totaling $600 mn. The acquisition is subject to consents and approval from
statutory authorities and also of the shareholders of Infocrossing.

Kale Acquires Zero Octa

Kale Consultants (Kale) and Zero Octa announced that they have signed a
definitive agreement under which Kale would acquire privately held Zero Octa.
The addition of Zero Octa will advance Kales vision to be the leader in the
Revenue Management space.

Sierra Acquires ArrAy

Sierra Atlantic has acquired Bostone-based ArrAy for an undisclosed amount.
Through the acquisition the Hyderabad-based outsourced product development
company expands its operations to China. ArrAy has global delivery centers in
Guangzhou and Shanghai. Post integration, Sierra Atlantics worldwide
headcount would reach 1,500.

MS Acquires aQuantive

Microsoft has completed the acquisition of aQuantive, a digital marketing
company. The acquisition would help Microsoft deliver on its previously outlined
goal to provide the advertising industry with a world-class advertising platform
across devices and media that would create the best experiences for users,
advertisers and publishers.

Autodesk Buys NavisWorks

Autodesk has completed the acquisition of NavisWorks for $26 mn. The two
plan to jointly develop and deliver a comprehensive suite of solutions for
design and construction. The addition of NavisWorks technology to the Autodesk
portfolio would help enable Autodesk customers to aggregate design information
from multiple platforms.

TI Acquires ICD

Texas Instruments (TI) has acquired Integrated Circuit Designs (ICD), a
privately-held company specializing in radio-frequency and integrated circuits
designs. The addition of ICDs design expertise will complement TIs
existing low-power wireless business and enhance its ability to offer customers
complete RF solutions.

Citrix to Buy XenSource

Citrix Systems has announced that will acquire Palo Alto-based XenSource for
approximately $500 mn in a combination of cash and stock. The deal also includes
the assumption of approximately $107 mn in unvested stock options. The
acquisition is expected to be completed by the fourth quarter of 2007.

Megasoft to Acquire BCGI

Megasoft has announced that its direct wholly-owned subsidiary, Tea Party
Acquisition, has commenced its tender offer for all outstanding shares of Boston
Communications Group (BCGI) at a price of $3.60 net per share in cash. The board
of directors of BCGI adopted the merger agreement.

Logix acquires ReckonUp

Logix Microsystems has announced the acquisition of ReckonUp, a CRM (Customer
Relationship Management) product from Prize Corporation, in an all cash deal of
$4 mn. The acquisition includes the assets of the CRM product, which include a
team, customer base, and a technology platform.