CTS TAKES ACQUISITION ROUTE TO INTERNET, DATA WAREHOUSING
Article Abstract:
Cognizant Technology Solutions Corporation (CTS) has decided to enter areas like Internet and data warehousing through acquisitions. The company, a subsidiary of Cognizant Corporation of the US, has planned acquisitions of technology companies in the US and Europe. CTS, which recently completed its $22 million initial public offer in the US, plans to use a major portion of the mobilised funds for its acquisitions. CTS operates in India through Cognizant Technology Solutions India Ltd and has three software development centres at Chennai, Calcutta and Pune. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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TGK, OMPAC SIGN MoU
Article Abstract:
Ompac Technologies Ltd (OTL), a software company, and TGK India Limited have signed a memorandum of understanding (MoU) for technical and humanware development. The tie-up plans to tap all the segments of the information technology (IT) markets in India and abroad. India will be the base for developing all the software and applications, according to the MoU. The tie-up is expected to enable the companies to raise their market share in the IT industry. (ag)
Comment:
Signs MoU w/ Ompac Technologies Ltd. for technical and humanware development for India and abroad
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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