Cap Gemini expands LATAM with Sonda acquisition, a BPO firm
By Tarry Singh at 19 August, 2010, 1:27 am
Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, and Sonda Procwork, the Brazilian unit of Chilean IT systems integrator Sonda , today announced that Capgemini Brazil has acquired Sonda Procwork’s facility in Gaspar, in the state of Santa Catarina, Brazil and will now deliver BPO services to global clients in [...]
Read More >>BPO M&A: Sutherland Global buys Adventity Global
By Tarry Singh at 12 May, 2010, 4:49 am
The purchase of Adventity will help Sutherland, which is backed by Standard Chartered Private Equity and Oak Investment Partners, to firm up its presence in Asia, Africa and the Middle East, Dilip Vellodi, chairman and chief executive of Sutherland, told Reuters. These regions account for about 15 percent of a $175 billion global outsourcing services [...]
Read More >>Service Provider M&A: Canadian CGI group buys U.S rival Stanley for $900 million
By Tarry Singh at 7 May, 2010, 7:30 am
DEAL VALUE CGI offered $37.50 a share, a 29 percent premium to Stanley’s closing price on Thursday on the New York Stock Exchange. Based on 24.1 million Stanley shares outstanding as of the end of 2009, the deal is worth about $900 million. CGI said the value of the deal was about $1.07 billion, including [...]
Read More >>After EU blessing, Oracle’s new motto: Software. Hardware. Complete
By Tarry Singh at 21 January, 2010, 11:55 am
I like it actually. Oracle is telling the world today that it is no more a software company. This is the webcast invite I (and many of you out there) got. If anyone who thinks further tech industry consolidation isn’t coming, then you must be dreaming. Citrix is soon going to snapped up as well. Transforming the [...]
Read More >>Struggling BA and Iberia to merge to form a $7 Billion outfit
By Tarry Singh at 12 November, 2009, 1:48 pm
British Airways Plc agreed to a plan for a $7 billion merger with Spanish carrier Iberia Lineas Aereas de Espana SA, ending more than a year of talks on a tie-up aimed at fighting a slump in travel and closing the gap with competitors. Under the all-share deal, BA shareholders will get one share in [...]
Read More >>Hey Cisco! HP just bought 3Com for $2.7 Bn cash!
By Tarry Singh at 12 November, 2009, 2:09 am
My keynote last night at a University — where we covered enterpreneurship, Cloud Computing and taking the charge in your own hands — where couple of biggies from Media and Entertainment industry were there, there were many interesting insights shared by reknowned experts and it was real fun. Cisco came also as a company to [...]
Read More >>Severe market contraction is coming: After Dell, Xerox buys ACS for $6.4 Bn deal!
By Tarry Singh at 28 September, 2009, 6:50 am
Xerox, based in Norwalk, Conn., has suffered from declining sales of copiers and printers, and the accompanying diminishing uses of ink, toner and paper. The deal for Dallas-based ACS is expected to triple Xerox’s services revenue to an estimated $10 billion next year from 2008′s $3.5 billion. The move also represents the first bold move [...]
Read More >>Dell follows HP’s footsteps; buys IT services provider Perot Systems!
By Tarry Singh at 21 September, 2009, 5:57 am
Good move and a very calculated move from Dell. This is yet another sign that the market contraction is happening and the coming two quarters will see some massive M&A activity than ever before! ‘At the same time, Dell directors are expected to consider Ross Perot Jr, Perot Systems’ chairman of the board, for appointment [...]
Read More >>IBM’s Sun acquisition could increase its lead in Storage and Server market!
By Tarry Singh at 21 March, 2009, 12:57 pm
According to this print screen of Gartner, this could put IBM at a stronger #1 in Server market and #2 in Storage market. Then IBm would have duly responded to Cisco’s move. Dell would seriously have to consider its position, HP would be forced to work on its numbers and EDS digestion and not to [...]
Read More >>Why Cisco will eventually buy VMware
By Tarry Singh at 13 February, 2009, 11:59 am
Yesterday I was talking to a good friend, evangelist and one of the founding fathers of the x86 virtualization world — I was in a hotel and was making a couple of calls. We were discussing about some really really cool things. He is also [almost ready to be done with his patent filing on [...]
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