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Saturday, November 22, 2014

Tech Mahindra buys US based LCC for $240 million

Tech Mahindra Limited is an Indian multinational provider of IT services, networking technology solutions and business processing outsources to the telecommunications industry. Tech Mahindra is an India’s fifth largest software services exporter. On Thursday, Tech Mahindra has signed an agreement to acquire US based LCC for a big deal $240 million. This acquisition is largest in abroad and the second largest by Tech Mahindra after Satyam Computers.
Lightbridge Communications Corporation (LCC) is a US based service provider, Headquartered in McLean, Virginia in which it is one of the world’s largest global providers of network engineering services to the telecommunications industry. LCC is having more than 5000 employees and LCC’s broad expertise can power a network, delivering 2G, 2.5G, 3G and 4G networks that push best practices to new levels.
In a conference call with reporters, the Executive Vice Chairman of Tech Mahindra Vineet Nayyar said total cash outflow for the deal is expected to be between US $200-220 million as LCC has a shareholder debt of about US $85 million, some part of which Tech Mahindra may pay later. We expect network services to be a major growth engine for our organization. Subject to regulatory approvals, the transaction is expected to close by the fourth quarter of 2014-15”.
With this acquisition, Tech Mahindra intends to address the growing market opportunity as telecommunications companies and enterprises are accelerating the network upgrade cycle. We will now be the largest and most comprehensive provider of technology services to communications service providers.
Saturday, November 22, 2014 - By Praveen P 0

Beam Messenger App shows what your friends type, as they type it

The beauty of sending a message to your friends is that you can do changes what you want to send. If you type a word or sentence and find a mistake in it, then it is very easy to rework on it before you send to your friend. Until your text is perfect you don't have to hit send. But this won’t work in Beam Messenger because this app shows both participants in a conversation what the other party is typing.
Saturday, November 22, 2014 - By Praveen P 0

Thursday, November 20, 2014

New smartphone case that can print selfies in seconds

Selfie is a self-portrait photograph, typically taken with a hand-held digital camera or camera phone held at arm's length or pointed at a mirror, rather than by using a self-timer. Selfies are often shared on social networking services such as Facebook, Instagram, or Twitter. They are usually flattering and made to appear casual.  
Thursday, November 20, 2014 - By Praveen P 0

Infosys partners with DreamWorks for new engineering solutions

Infosys is a global leader in consulting, technology, and outsourcing solutions. As a proven partner focused on building tomorrow's enterprise, Infosys enables clients in more than 50 countries to outperform the competition and stay ahead of the innovation curve. With US$8.25bn in FY14 revenues and 165,000+ employees, Infosys provides enterprises with strategic insights on what lies ahead.
Thursday, November 20, 2014 - By Praveen P 0

Sunday, November 16, 2014

Samsung Partners with BlackBerry to improve Android security

The known fact is that, the Android platform is having several security issues among consumers and businesses alike. In a bid to regain the faith of lost users, Samsung took an initiation to improve and tighten the security on the world's largest mobile computing platform. This will be driven and supported by the Korean tech giant's BlackBerry, long known for its safe mobile platform. Both companies partnered together for enhancing security on Samsung smart phones.
Sunday, November 16, 2014 - By Praveen P 0

Ofcom publishes as 4G speed is seven times faster than 3G

Long back 3G services has started and users are mostly addicted to 3G data services than 2G because of its uploading and downloading speed. Currently the users are interested in 4G data service. According to new research published by Ofcom, uploading content, such as photos or videos, is more than seven times faster on 4G than on 3G data services. Internet data service providers normally advertise their data services based on their download and uploading speeds, as this is what matters if you are consuming web content – browsing news websites or streaming video.
Sunday, November 16, 2014 - By Praveen P 0

PM Narendra Modi is now on Instagram

Instagram is an online mobile photo-sharing, video-sharing and social networking service that enables users to take pictures and videos & user can share them In all social networking platforms such as Facebook, Twitter, Flickr etc. It has a unique feature that confines user’s photos to a square shape, similar to Kodak Instamatic and Polaroid images, in contrast to the 4:3 aspect ratio typically used by mobile device cameras. The maximum duration for Instagram videos is 15 seconds. In April 2012 Instagram was acquired by Facebook for approximately $1billion in cash & stock. Instagram app is available in Apple App Store, Google Play Store and Windows Phone Store.
Sunday, November 16, 2014 - By Praveen P 0

8 year Old Indian Origin CEO TO Give Lecture at Cyber Security Summit

An eight-year old Indian-origin child prodigy, Reuben Paul, is among experts who will address a cyber security conference in New Delhi.
The US-based whizkid Reuben Paul, will give lecture about the need for developing and implementing cyber security skills in the current generation, according to the organizers of Ground Zero Summit. Minister of State for External Affairs, V K Singh, is also listed as a key speaker for the event. The organizers of this summit said, "8-year-old Reuben Paul gives keynote at Houston Security Conference."
Sunday, November 16, 2014 - By Praveen P 0

Saturday, November 15, 2014

YouTube launches A Paid Service Called Music Key

YouTube is a video-sharing website headquartered in San Bruno, California. The service was created by three former PayPal employees in February 2005 and has been owned by Google since late 2006. The site allows users to upload, view, and share videos, and it makes use of Adobe Flash Video and HTML5 technology to display a wide variety of user-generated and corporate media video. YouTube also provides vast number of videos based on users search.
Saturday, November 15, 2014 - By Praveen P 0

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