2002 News related to IT in Karnataka

• December 2002
  • Infosys Q3 results on January 10
  • Phaneesh and Jaya Murthy launch new consultancy firm
  • MphasiS To Open 10th Centre In Mumbai
  • Bangalore to host storage networking summit
  • Wipro ranked best company in software sector in Asia
  • Metro-Optix India gets $5 m for R&D
  • Altera opens sales office in Bangalore
  • Bharti buys Bangalore telecom software firm
  • Metro-Optix Bangalore centre to develop new product
  • Infosys tops India poll on Far East Economic Review survey
  • Adexa, MindTree to deliver SCM solutions
  • MphasiS to write off Rs 713 cr of goodwill
  • Wipro to hire 1,000 pros at Bangalore development centre
  • Hardware park plans firm up in Bangalore
  • Top IT firms seek PES IT students
  • Mistral launches voice-enabled solution
  • Infy keeps up hiring spree in Q3: Analysts
  • Infy ADR Price Plunge Shaves $2.2 Bn Mkt Cap
  • Wipro taps more global pros, hires Merrill ex-CTO
  • Infosys strengthens operations in France, increases headcount
  • Six Sigma helped us, Facilities management critical: Premji
  • Infosys ADS: Microsoft interested in a strategic stake
  • Infosys Tech board to consider sponsor of issue of ADS
  • Infosys most profitable software company: Nasscom
  • Talisma: More than a product company
  • Bangalore companies say good times ahead for IT services companies
  • Wipro to offload shares in overseas market
  • Wipro May Fund Next Big Buyout By Secondary ADR Listing
  • Worst over for software sector: Premji
  • Ivega merges with Amoolya Technologies
  • Wipro to implement ERP package for CIDCO
  • Downturn gives chance to invest strategically: Premji
  • Wipro inducts 'Appreciative Inquiry' for better team work
• November 2002
  • Infosys Finacle enters Thailand market
  • Wipro opens center in Finland
  • Stringent Punishment For Erring CEOs: Murthy
  • Infosys plans $100-mn ADR float on Nasdaq
  • Netherlands-based Scandent may set up software centre in Bangalore
  • MRO-TEK To Set Up Rs 5 Crore R&D Centre
  • Wipro's standard for wireless communication licensed
  • Wipro mum on investing in Gulbarga IT park
  • vMoksha to add 650 professionals
  • Infosys to deploy software in Bangladesh bank
  • Downsizing not impacted on the Siemens Bangalore centre
  • Apara joins Nortel Networks 'nPower Channel Partner' plan
  • Wipro selects Borland server for security solution
  • Cisco banks on innovation for investing in India units
  • Wipro foundation to launch guaranteed learning
  • ITPL named the best teleport in the world
  • Aztech sees further dip in billing rates unlikely
  • Wipro and Infy are rising stars for India
  • Canadian firm, Pivotal Corp to add 200 employees in Bangalore
  • Alopa in pact with Comcast for VoIP
  • IT Cos, VCs Woo Phaneesh Murthy
  • Apara targets Rs 100 crore turnover
  • Wipro sees Mid-East critical for growth
  • Govt wants Kalam to grace MysoreIT.com
  • IT sector slays doom dragon
  • Gates charms techies, dismisses Linux threat
  • Wipro considering opening hub outside India
  • Wizard of `OS' takes on IT capital
  • Bill Gates floors developers
  • Infosys revels in Microsoft power
  • Vinod Dham to start India firm, Insilica
  • Microsoft embraces Karnataka’s school, portal initiatives
  • Bill Gates arrives in Bangalore
  • Gates to visit Infy, Wipro on Nov 13
  • Wipro gets the 'BRAVO 2002' award from Best Buy
  • Infosys Platform For Microsoft Chief's Pitch To Techies
  • Wipro Shifting focus to consulting: Interview with Vivek Paul
  • Wipro is wedded to global delivery: Premji
  • Wipro technologies to set up offshore centre for Lehman
  • Infosys wins Global Corporate Achievement award 2002
  • Sun, Infosys unveil new generation core banking platform
  • WeP (Wipro) picks 76% stake in Select Technologies
  • Kshema, Ivega to set up shops in Frankfurt
  • Motorola to invest $13 m in new integrated facility in Bangalore
  • Infosys loses out to Wipro in $70m/year on Lehman deal
  • Nandan Nilekani on infinity drive
  • Ivega Shortlists 12 US Firms For Acquisition
  • Kshema Tech charts niches areas for software exports
  • Wipro wins big projects in Saudi market
  • IT cos on growth curve as billing squeeze eases
  • Beware IT pros, Arts students cometh
  • Wipro Infotech certified PCMM Level 5
• October 2002
  • Linc Software looks at inorganic growth options
  • Infy Gets Aggressive On Forward Contracts To Hedge Forex Risk
  • VCs are no longer `angels'
  • Wipro sets up .NET lab, to train 100 software architects
  • Infosys, Talisma and Elind launch a new range of Intel Solution Blueprints
  • Build processes for customer centricity: Nilekani
  • Art students too make moolah, a la IT pros
  • So Much More Than IT At Bangalore IT.Com
  • Dell-ete It! HC Tells B'lore Tech Firm
  • Wipro unveils Rational Competency Centre
  • Indo-Fuji launches new software product at BangaloreIT.com
  • RosBusiness Consulting, Russian IT company, planning to set up its office in Bangalore
  • Infosys wins 'Most Admired Knowledge Enterprises' award
  • Tech prodigy meets the President in BangaloreIT.com
  • In Bangalore, it's show time, folks!
  • Erratic power supply, major concern for businesses
  • Bangalore IT.com sets sights on generating $250 million business
  • NetSol to network Bangalore IT.Com 2002
  • Asia's biggest IT show opens today in Bangalore
  • BPO will be big draw at IT.Com
  • MphasiS-BFL to acquire Capital One's China arm in $3m deal
  • MphasiS to buy Navion, aims at Chinese mkt
  • Infosys gets another client, Kakawa Discount House in Nigeria
  • Portal sets up SW centre in Bangalore
  • Kshema’s rev grows 15% q-o-q
  • Kshema starts consultancy, mulls acquisitions
  • Wipro and Infogen sign agreement with LBC
  • BangaloreIT.com may give sagging tourism a boost
  • Wipro brand in PC, server grows steadily
  • Wipro first-half net down 4.5%
  • Infosys narrows gap with Wipro on price-earnings multiples
  • Wipro Infotech banks on high-end servers
  • Performance-based attrition at Wipro continues
  • Now, Infosys seeks a charity tieup with Microsoft
  • Wipro revenue up 21%, PAT nearly flat
  • Sonata’s sequential rev for Q2 grows by 8%
  • Karnataka gearing up for Bangalore IT.com
  • WebTek Software likely to shut shop soon
  • Simputer penetrates overseas market
  • MindTree to expand business in West Asia
  • President Kalam to inaugurate BangaloreIT.com
  • Xserve India is Wistron motto
  • Quality will play key role in Infy's growth, says Nilekani
  • Mphasis says will meet FY-03 guidance
  • Infy full gear on recruitment drive
  • Fully outsourced deals not Infy's cup of tea
  • Infosys Call Option Volatility Signals Possible Price Gains
  • Infosys makes Rs 23.8 cr provision for investment
  • Aztec Software net loss at Rs 1.06 cr in H1
  • Mphasis BFL Group Q2 consolidated profit at Rs. 16.13 crore
  • Infosys Q1 results likely to beat expectations
  • SAP Labs India sets up mobile unit in Bangalore
  • STPI Bangalore to offer plug and play incubation stations
  • Mistral releases new processor from Force
  • StorageTek in outsourcing deal with Wipro
  • Infy to focus on banking sector for European markets
  • Honeywell charts $50m India plan
• September 2002
  • Wipro to buy Ericsson's R&D centers in India
  • Strong rupee may hurt Satyam, Wipro earnings
  • Kshema restructures to adapt to changing markets
  • Bangalore to be Cisco's core product, IP centre
  • Blue Star to set up development centre in Bangalore
  • Simputer set for October debut in Singapore
  • Portal Soft to set up a software development center in Bangalore
  • nSecure plans to raise funds in Q3
  • Sonata reiterates revenue guidance
  • i2 stacks up $30 million to ramp up Bangalore centre
  • Wipro, NetCracker to provide OSS solutions
  • Sun, Infosys in pact for new gen banking platform
  • Wipro targets markets across Asia
  • ITSS: The new buzz at Bangalore Labs
  • Indi-Chini bhai bhai at MysoreIT.com
  • Infosys to expand presence in Chandigarh
  • Bangalore gets online-reservation facility for train tickets
  • Hubli IT Park to be inaugurated on Sept 19
  • eCapital promoters launch IT/BPO company, Opus
  • Premji to gradually offload stake in Wipro
  • Deccanet launches Orion/ET for Windows and Unix
  • Infosys taps local talent for Melbourne project
  • Delphi expands Bangalore tech center
  • Tech firms give due weight to experience
  • Bandh cripples 24/7 IT services
  • Mistral rolls out IP-PBX solution
  • Wipro poised to take on the Big Five
  • Wipro Info to expand reach to SME segment
  • Apar sets up second ODC in Bangalore
  • Bangalore co selects Opera's browser for PDA
  • i-Flex wins North Carolina treasury project
  • Infosys is best Indian IT employer: DQ-IDC
  • Kshema mulls merger, looks for listed suitor
  • Mindtree wins domain name battle
  • ADDR.com Tech to recruit 100 more by year-end
• August 2002
  • SAP labs in India to be biggest in Asia
  • Infosys looking at growth from alliances
  • Apar Infotech to venture offshore
  • India still best, no China jump for Wipro yet
  • Infosys to wait for clarity on ESOP expensing
  • Wipro Tech bags insurance major CNA Life order
  • Infy plans new development centres in SE Asia, Europe
  • Accenture, MphasiS BFL in talks for outsourcing pact
  • July Systems raises another $2.5m funding
  • Wipro Infotech weighs China options, bullish on mid-East
  • Bangalore disputes Nasscom ranking
  • Wipro Infotech targets SME segment
  • Wipro eyes long-term outsourcing
  • BMW to set up software support centre in Bangalore
  • Infosys adds new verticals in DCG, biotech inclusive
  • Wipro sees business picking up this year
  • Nasscom opens shop in B'lore
  • Inauguration of Hubli IT park, Mangalore STPI put off
  • Infy, Phaneesh to settle out of court: Website
  • Infosys expects to meet its growth estimates
  • IT convention soon in state
  • Infosys looks at China from mkt, devt centre perspectives
  • Sasken sure of realising its wireless dream
  • Wipro's acquiring gaze turns homewards now
  • C-DAC, IBM join hands to boost research
  • Korean co selects Wipro's solution
  • Simputer team bags Dewang Mehta award
  • Wipro implements Internet portal for Marico
  • Wipro rides the business intelligence wave
  • Symphony buys Cambridge Tech's local subsidiary
  • PCS enters banking software market
  • Softbrand launches operations in Bangalore
  • Usha Comm logs on to Bangalore
  • Screen Check in pact with Auto ID for Smart Cards
  • Karnataka Police sets anti-piracy agenda
  • Infinera sets up R&D centre in Bangalore
  • Infy revenues may rise 25% in '02-'03: study
  • Bangalore IT.com 2002 to attract larger audience
  • Narayana Murthy: Infy will not be hit
  • Narayana Murthy: Infy will not be hit
• July 2002
  • Interwoven enters India through Wipro Infotech
  • Mistral launches mobile IP stack
  • Infosys faked IT products: Kenyan bank
  • Visesh Infosystems acquires Infotecnics for Rs 6 cr
  • Infosys dips 5 percent on top Honcho, Phaneesh Murthy's resignation
  • Alopa raises $ 12.5 m in series C funding
  • Bangalore Labs, netForensics in alliance
  • Emuzed chooses Wipro’s connectivity solution (digital video)
  • Production of Simputer to begin by month-end
  • Trianz launches India operations in Bangalore
  • Indo-Fuji rolls out CBT- Adhyapaka
  • Wipro Technologies added 1100 staff in Q1
  • Bangalore is a chip design hotspot now
  • Manhattan Associates sets up India software R&D centre
  • Wipro acquires GE Medical's IT unit
  • Kshema revenue grows 13.2% in Q1
  • IT companies try to get customers as investors
  • Lanka looks to Bangalore for IT ventures
  • Msource proves to be MphasiS’ cash cow
  • Japanese companies delay software park venture at Mysore
  • Ariba open IDC center at Bangalore
  • Kshema awarded SEI CMM 5 certification
  • NewPath to put India in global chip design map
  • Infosys shrugs off pricing pressures
  • Mphasis looks around for inorganic growth
  • Infy Q1 net profit expected to rise 12 per cent
  • Sasken to raise Rs 35 cr by divesting equity
  • Wipro hired about 1,000 professionals in Q1
  • IISc to roll ‘Simputer’ this month
  • Sonata is IBM’s value added distributor
  • Wipro's corporate audit wins global quality award
  • India's tech capital sees 60% export growth
  • Datacraft opens STARtrac, Training Partners in Bangalore
  • Wipro Infotech launches consulting services
  • TI unveils Analog Front End signal processor
  • Sun increases RISC/UNIX server market share
  • Wipro in NYSE's tech index
• June 2002
  • Wipro's strategy rethink? product revenues shrink
  • Network associates to pump $10 million in Bangalore centre
  • An intrinsic synergy exists between IT, tourism: Inamdar
  • Sri Chamundeshwari Sugars implements ERP solution from ICICI
  • Sasken launches non-PC Net access device
  • Kshema Technologies initiates KSAF
  • Wipro gets into Tier II marketing
  • Mangalore the next IT destination?
  • Cognizant lists among 'Hot Growth Companies'
  • Infy AGM approves raising FII limit to 100%
  • Tally hooks the books
  • Tenet sets up technology center for NEC
  • War clouds don't scare techies
• May 2002
  • Bangalore Labs has new CEO
  • Karnataka IT success hinges on power: McKinsey
  • SysArris to invest Rs 150 cr towards expansion
  • Arun Netravali bags US top tech honour
  • EFI Inc acquires Unimobile for $2.5 million
  • Wipro arrives at its own formula for making Innovation work
  • Wipro spreading wings wider in Europe
  • Altair to invest $3 million in Bangalore centre
  • TechnoSoft rolls out Transfin
• April 2002
  • Kshema clocks net profit of Rs 12.28 crore
  • ABB's Indian outfit, IBM sign IT outsourcing pact
  • Kshema becomes contributing supplier for AMI-C
  • Wipro may apply thought to GEMs and military
  • Sonata declares 15% final dividend after profit
  • Rational sets up lab at Infosys
  • July gets $ 5.5 m in first round funding
  • Media Labs Asia clicks on Sasken's rural connectivity project
  • Infy fails to call 1,300 new hires
  • Cognizant teams up with GM
  • Infosys looks to increase utilization rates
  • Infy to float new BPM (Business Process Management) company
  • Simputer finds a buyer in Media Labs Asia
  • BPL launches its first VoIP system
  • Narayana N.R. Murthy steps down and Nandan Nilekani takes over as CEO of Infosys
  • Nandan Nilekani takes over at Infosys
• March 2002
  • IT focus shifts to Hubli
  • Motorola GSG thinks big on outsourcing again
  • Renaissance Tech in expansion mode
  • Infosys, Northwestern Mutual in agreement for e- funds transfer
  • MPEG-4 solution from a Bangalore firm
  • Hubli software park still a mirage
  • Dell CEO To Meet Premji, May Tie Up For Manufacturing
  • Infy Feels German Green Card Terms Proving Too Expensive
  • IONA appoints Sonata as national distributor
  • Jataayu launches WAP 2.0 jBrowser for PocketPC devices
  • Software exports grow by 47% in Karnataka
  • Nortel downgrade may affect Infosys, Wipro
  • Infosys division to explore Avionics
  • GNU's Stallman spreading free software gospel in India now
  • IT drive loses steam in Karnataka
  • Wipro sees business returning
  • Techforum 2002: Innovation@work for Wiproites
  • Microland to take a shot at IT-enabled Services
  • Deccanet Designs to expand its reach
  • Software for MDs (Dental) aspirants
• Feb 2002
  • HP Labs to be set up in Bangalore
  • CIA-funded Indo-US firm makes smarter Web search
  • IBM India Research Labs receives 5 patents for 2001
  • Aztec unveils tool to convert Java to C#
  • ABB's global R&D center set up in B'lore
  • Infosys pips Tisco as top paymaster
  • Quicklogic sets up development center in B'lore
  • Cypress India gets $ 15 m for expansion
  • Philips grabs 51 pc stake in ishoni for $25 mn
  • Covansys unfreezes recruitment, mulling acquisitions
• Jan 2002
  • Wipro, Rational in pact on SW testing
  • Net Brahma to be acquired by US company
  • Bangalore firm comes to CIA's aid
  • Tavant sets up development center in B'lore
  • PrairieComm to invest $10 m in India
  • Motorola zeroes in on B'lore campus
  • Infy, Wharton institute award for creative excellence in business
  • Narasimhan, Reddy launch July Systems
  • Mindtree to leverage IP strategy to push revenues
  • Infy looking into bioinformatics
  • VMoksha acquires two US firms
  • Jataayu's eZMEMS to aid in enterprise messaging
  • i2 Technologies to invest $20 m in India
  • Blair for stronger bilateral relations, stresses on IT
  • Silicon City to receive galaxy of global personalites