9/7/2010 BOSTON -- American Tower Corp.'s Indian subsidiary, Transcend Infrastructure Ltd. has acquired Essar Telecom Infrastructure Pvt. Ltd. from the Essar Group, for approximately $430 million in cash.
|
| 9/7/2010 NEW YORK – Genpact Ltd., a business process and technology management company, has signed a seven-year deal with Merscorp Inc., a company that provides the mortgage finance industry’s electronic loan registry system. More than 60 percent of all new mortgages are registered on the system, known as MERS.
|
|
9/7/2010 HARLEYSVILLE, Pa. – Colorcon Inc. has purchased India’s Pharmaceutical Coatings Pvt. Ltd., which includes the company’s full product portfolio, plus a new facility in Goa that is currently under construction.
|
| 9/7/2010 NEW YORK — ExlService Holdings Inc., a provider of outsourcing services, has signed a multi-year contract with Petrogas, an independent operator of the Applegreen chain of service stations in Ireland.
|
|
9/7/2010 REDMOND, Wash. – Harbinger Knowledge Products, an interactive software maker, has launched its first online software service called SiteJazzer, which allows users to create flash elements for Web sites and blogs.
|
| 9/3/2010  Webaroo's SMS GupShup is India mobile phenomenon
SANTA CLARA, Calif. — When Beerud Sheth and Rakesh Mathur launched Webaroo Technology in 2007, the Silicon Valley entrepreneurs were targeting the smartphone industry and only planned to utilize the company's India backend for development. However, it quickly became clear — as the company switched to the short message service sector — that India was more than just a place for R&D. It was the best market for products.
|
|
8/3/2010 LIBERTYVILLE, Ill. – Motorola Inc. has filed paperwork with the U.S.Securities and Exchange Commission to separate its mobile devices business from the company.
The company intends to operate its mobile device and home products business as Motorola Mobility. When the separation is official, Motorola also plans to change its name from Motorola Inc. to Motorola Solutions Inc. |
| 8/3/2010 VC giants laud company’s green, diesel-fuel engines
MENLO PARK, Calif. – VC giant Vinod Khosla has convinced Bill Gates to join forces with him in backing EcoMotors for a reported $23.5 million.
The Troy, Mich.-based developer of low-emission, fuel-efficient diesel engines using its “opoc” technology had previously raised $5 million from Khosla Ventures. |
|
8/3/2010
PALO ALTO, Calif. — Tibco Software Inc. has entered into a definitive agreement to acquire Proginet Corp., a provider of managed file transfer software, for $23 million.
The move is seen as a way to complement Tibco's integration products portfolio, the company said.
|
| 7/2/2010 CARLSBAD, Calif. – MaxLinear Inc., a provider of radio frequency analog and mixed-signal semiconductors for broadband communication applications, has shipped more than 100 million TV tuner ICs. This milestone comes just 12 months after the company announced it had surpassed 50 million units shipped.
|
|
7/2/2010 HORSHAM, Pa. – Marlin Equity Partners has acquired Datafarm Inc., a provider of software and services designed to support the regulatory business processes of life sciences companies.
|
| 7/2/2010 NEW YORK – Genpact Ltd., a business process and technology management company, has signed a three-year contract with Federal-Mogul Corp., an automotive supplier, to provide IT help desk services and support-related solutions.
|
|
7/2/2010 CHICAGO – PageTraffic, previously credited with the Google Certified Individual, has upgraded to become a Google AdWords Certified Partner. Having served more than 700 clients since 2002, the company is known for comprehensive Internet marketing services, involving both organic and paid search.
|
| 7/2/2010 ENCINO, Calif. — California company uSamp has opened a new office in Connecticut and formed a project management team in India.
|
|
7/2/2010 NEW YORK – CashEdge Inc., a provider of intelligent money movement services, and U.S. Bank, the fifth largest commercial bank in the nation, are joining forces to launch CashEdge’s person-to-person online and mobile payments service, Popmoney.
|
| 7/2/2010 SUNNYVALE, Calif. – Emulex Corp. has signed agreed to buy ServerEngines Corp., a privately held, fabless semiconductor company founded in 2004 and headquartered in Sunnyvale, Calif., in a deal worth approximately $159 million in cash and stock.
|
|
7/2/2010 PRINCETON, N.J. – Japan’s NTT Data Corp. has agreed to acquire IT-services company Intelligroup Inc. for an estimated $199 million in cash.
The deal for the Princeton, N.J.-based Intelligroup, headed by Chief Executive Officer and President Vikram Gulati, will be made through NTT Data subsidiary Mobius Subsidiary Corp. Mobius will pay $4.65 per share for Intelligroup’s stock. That price was 21 percent above the average price of Intelligroup stock at the time the deal was constructed in June.
|
| 6/8/2010  BOSTON – Iron Mountain Digital has a new president who says he will
shift the 6-year-old division of data management titan Iron Mountain
Inc. to behave like a startup while focusing on technology he believes
will take the company into its next growth phase.
|
|
6/8/2010 AUSTIN, Texas – Software company Convio Inc. went public, raising
$46.2 million.
The Austin company sold 5.13 million shares at $9 a share, slightly
below its planned offering price of $10 to $12 a share.
|
| 6/8/2010 DENVER – Virtela, a network services company, is providing secure
remote access and virtual private network connectivity in a deal with High
Noon Entertainment.
High Noon Entertainment produces a number of hit reality television
shows, including “Cake Boss,” “House Hunters,” and “Tough Love.”
|
|
|
