Less than 10 days after Indian IT services provider Infosys said it’s acquiring UK SAP consulting firm Axon Group for $753.1 million, its crosstown Bangalore rival Wipro says it’s on the prowl for acquisitions. This is what a senior Wipro executive told the Wall Street Journal (subscription required): Girish Paranjpe, Wipro’s joint chief executive, said that […]
Software radio infrastructure products vendor Vanu has raised $32 million in a new round for expanding its Indian operations. Norwest Venture Partners led the latest round of funding, which included participation from previous investor Tata Capital and Charles River Ventures. Vanu plans to use the money to support business development, marketing
Sony has recalled certain Notebook computers in the VAIO VGN-TZ100 series, VGN-TZ200 series, VGN-TZ300 series and VGN-TZ2000 series because of a burn hazard to consumers. The U.S. Consumer Product Safety Commission said Thursday that irregularly positioned wires near the notebook’s hinge and/or a dislodged screw inside the hinge can cause a short circuit and overheating […]