Mahindra Satyam appoints Sudhir Nair as Head of Infrastructure Services
Filed under: Computing, Data Management, IT Services, Software
10 Nov 2009 , Hyderabad : Mahindra Satyam, the brand identity of Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider, today announced the appointment of Sudhir Nair as Senior Vice President and Head of Infrastructure Services.
Prior to joining Mahindra Satyam, Sudhir has been with Infosys as an integral part of the core team responsible for launching the Infrastructure Management Services (IMS) into the Global Market and driving significant growth. Sudhir comes equipped with 20 years of cross functional experience in IT Infrastructure services, and has served in leadership positions in delivery and business development. Read more
IBM to Acquire ILOG
Filed under: Americas, Computing, Data Management, Europe, Finance, Internet, M&A, Software, Technology
ARMONK, NY & PARIS - 28 Jul 2008: IBM (NYSE: IBM) and ILOG (NASDAQ: ILOG; Euronext: ILO, ISIN: FR0004042364) today announced they have signed an agreement regarding a proposed acquisition by IBM of ILOG to be implemented by way of concurrent cash public tender offers in both France and the United States. Through this proposed transaction, IBM will combine its business process management (BPM), business optimization, and service oriented architecture (SOA) technologies with ILOG’s Business Rules Management Systems software. This will enable IBM to help clients deliver critical business information in real-time, allowing them to make better business decisions faster.
The cash tender offer will be at a price of €10 per ordinary share and the U.S. dollar equivalent per American Depositary Share (“ADS”) based on the Euro/U.S. dollar exchange rate as of the settlement of the tender offers, amounting to an aggregate purchase price of approximately €215 million or approximately $US340 million on a fully diluted basis. This price represents a premium of approximately 56 percent compared to ILOG’s one month average of closing share prices prior to July 28, 2008, and a 37 percent premium to the closing price of Friday, July 25.
ILOG’s board of directors has approved the transaction between the two companies and, subject to the receipt of a satisfactory fairness opinion regarding the financial terms of the offer, is expected to give a final recommendation prior to September 15, following which the offer should be filed with the French stock exchange authority (AMF).
IBM has received commitments from certain shareholders to tender their shares to the contemplated offer, which represent approximately 10 percent of ILOG’s issued share capital.
The public tender offers will be conditional upon U.S. and EU antitrust clearances and a 66.67 percent share capital and voting rights minimum tender acceptance condition (on a fully diluted basis). The offer in France will only be opened for acceptances once the AMF and the French Ministry of Economy have granted their respective clearances.
The full text of the Memorandum of Understanding (MOU) between the two companies will be filed with the SEC today as an exhibit to ILOG’s Report of Foreign Private Issuer on Form 6-K. A summary in French of the MOU can be found on ILOG’s website (http://www.ilog.com).
When completed, the acquisition of ILOG will strengthen IBM’s BPM and SOA position by providing customers a full set of rule management tools for complete information and application lifecycle management across a comprehensive platform including IBM’s leading WebSphere application development and management platform.
BPM allows companies to model, automate, monitor, and redesign business processes, such as opening a bank account, documenting a medical record, or customizing an insurance policy. It enables companies to improve customers’ service and increase efficiency, automation and accuracy. Using BPM, companies can examine tasks within an organization – particularly those done manually or involving significant document processing – and apply BPM to automate or streamline them. Such processes are becoming increasingly critical as business operations become more complex and information volumes grow at phenomenal rates. Building on IBM’s existing capabilities, ILOG will help customers manage change and complexity in their business processes by providing powerful, yet easy-to-use business tools.
For example, a business rule might be applied to elevate a premier customer to the front of a phone queue as part of a customer service process. ILOG’s Business Rule Management System provides users with tools that allow greater control over the criteria that determine how and when to route those premier customers. As such, businesses can accelerate the process of initiating policy changes that may be driven by market trends or competitive activity to ensure customer satisfaction is maintained.
ILOG technology has the potential to add significant capability across IBM’s entire software platform and bolster its existing rules management offerings. This includes improved rules and business optimization capabilities for Information Management offerings, better visualization for Lotus products, enhanced optimization within Tivoli solutions, and efficient supply chain management assets for planning and scheduling.
ILOG offers tools and technologies for business managers, analysts, architects and developers to use as they analyze, plan, track and improve business processes. Today, hundreds of large enterprises use ILOG technologies to automate the allocation of scarce resources and to build smart interfaces into their business processes. Additionally, scientists and mathematicians from hundreds of universities use ILOG products for advanced research, design, and analysis.
“Companies across all industries are looking for technologies to help them manage their processes with more flexibility so they can keep up with changing business conditions,” said Tom Rosamilia, general manager, IBM WebSphere. ”ILOG’s software allows businesses to more effectively manage and automate the decision making process, giving companies an opportunity to react with incredible speed and accuracy. IBM has partnered with ILOG for over a decade, and by adding ILOG’s capabilities to IBM’s software portfolio, this is a great combination to provide value to our clients.”
Beyond end-user customers, ILOG has more than 500 original equipment manufacturer, solution integrator, and independent software vendor partners today. IBM also has an extensive partner community which will benefit from access to the ILOG technologies and extend ILOG’s reach. In addition to a successful network of more than 30 specialized partners and 850 personnel, ILOG brings extensive skills through a wide base of local and regional experts.
“We are very excited about this opportunity to join a world leader such as IBM, a long valued partner with shared core values. This combination will allow us to dramatically extend our market reach and realize the full potential of all of our technologies while protecting investments of ILOG’s customers now and into the future,” said Pierre Haren, ILOG Chairman & CEO.
About IBM
With more than 6,550 client engagements worldwide, IBM is a worldwide leader in SOA and BPM. This leadership is further illustrated by a community of greater than 120,000 architects and developers, more than 150 universities incorporating IBM’s SOA and BPM curricula, and more than 6,000 IBM Business Partners building SOA skills, solutions, and practices.
For more information on IBM visit: http://www.ibm.com/soa
About ILOG
ILOG delivers software and services that empower customers to make better decisions faster and manage change and complexity. Over 2,500 corporations and more than 465 leading software vendors rely on ILOG’s market-leading business rule management systems (BRMS), supply chain applications as well as its optimization and visualization software components, to achieve dramatic returns on investment, create market-defining products and services, and sharpen their competitive edge.ILOG was founded in 1987 and employs more than 850 people worldwide. For more information, please visit http://www.ilog.com.
Additional Information
The offers are not being made nor will any tender of shares or warrants be accepted from or on behalf of holders in any jurisdiction in which the making of the offers or the acceptance of any tender of shares or warrants therein would not be made in compliance with laws of such jurisdiction.
This press release contains forward-looking statements. These statements are not guarantees of future performance and are subject to inherent risks and uncertainties including with respect to the factors that may affect the completion of the acquisition. Forward-looking statements may be identified by the fact that they do not relate strictly to historical or current facts and include, without limitation, words such as “may”, “will”, “expects”, “believes”, “anticipates”, “plans”, “intends”, “estimates”, “projects”, “forecasts”, “seeks”, “could”, “should”, or the negative of such terms, and other variations on such terms or comparable terminology.
Forward-looking statements include, but are not limited to, statements about the expected future business of ILOG resulting from and following the offers and the successful completion of the transaction. These statements reflect IBM’s and ILOG’s managements’ current expectations, based upon information currently available to them and are subject to various assumptions, as well as risks and uncertainties that may be outside of their control. Actual results could differ materially from those expressed or implied in such forward-looking statements. Any such forward-looking statements speak only as of the date on which they are made and IBM and ILOG shall be under no obligation to (and expressly disclaims any such obligation to) update or alter such forward-looking statements whether as a result of a new information, future events or otherwise, except to the extent legally required.
The tender offers, which have not yet commenced, will be made for the outstanding shares and warrants of ILOG. This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any ILOG shares or warrants. The solicitation and the offer to buy the shares and warrants of ILOG will be made only pursuant to an offer to purchase and related materials that IBM and its subsidiary intend to file with the AMF (in particular the Note d’Information) and the SEC (on Schedule TO). ILOG also intends to file with the AMF a Note en Réponse and with the SEC a solicitation/recommendation statement on Schedule 14D-9 with respect to the tender offer.
ILOG shareholders and warrant holders and other investors should read carefully the Tender Offer Statement on Schedule TO and the Note d’Information to be filed by IBM and the Schedule 14D-9 and the Note en Réponse to be filed by ILOG because these documents will contain important information, including the terms and conditions of the tender offer. ILOG shareholders and warrant holders and other investors will be able to obtain copies of these tender offer materials and any other documents filed with the AMF from the AMF’s website (http://www.amf-france.org.) or with the SEC from the SEC’s website (http://www.sec.gov), in both cases without charge. Such materials filed by IBM and ILOG will also be available for free at IBM’s web site (http://www.ibm.com), and at ILOG’s web site (http://www.ilog.com), respectively.
ILOG shareholders and warrant holders and other investors are urged to read carefully all tender offer materials prior to making any decisions with respect to the tender offers.
| Contact(s) information | |
| Matt Berry IBM Media Relations 914-766-1715 mhberry@us.ibm.com |
Kory Liss IBM Investor Relations 914-499-4095 kory@us.ibm.com |
| Susan Peters ILOG 408-991-7109 speters@ilog.com |
|
Duke University to Deploy World’s Largest WiFi Network
Filed under: Americas, Communications, Computing, Education, Internet, Mobile, Technology
SAN JOSE, CA–Feb 19, 2008 — Cisco® (NasdaqGS:CSCO) announced today that Duke University will deploy the next phase of its mobility transformation by deploying an expansive next-generation 802.11n wireless network across its campus, featuring more than 2,500 Cisco access points — the largest planned 802.11n wireless network in the world by any organization to date.
As a progressive leader in education and one of the first organizations to deploy 802.11n technologies, Duke will blanket more than 6 million square feet of its Durham, N.C. campus with 2,500 Wi-Fi-certified Cisco 802.11n Aironet® 1250 Series access points. The deployment will provide ubiquitous wireless coverage in academic halls, libraries, residence halls and other campus buildings.
Duke’s chief information officer, Tracy Futhey, said Cisco’s 802.11n technology — which dramatically increases the speed and reliability of traditional wireless networks — is a fundamental part of Duke’s strategy to implement innovative technologies that can enhance the quality of campus life, enable new learning spaces and provide seamless access to course materials and resources for a campus population of 45,000 students, faculty and staff.
“Wireless on our campus is absolutely critical to our 24-by-7 population. Universities are an ideal testing ground for new technologies, especially wireless uses and devices, because students are spending their entire day on campus in a mobile manner. They live, learn, work and play on campus,” said Futhey. “At Duke, we really have the opportunity to apply innovative wireless technology that can meet the demands of a diverse, mobile user base and enrich their academic and social experience as a result.”
“We expect the campus-wide 802.11n wireless network to increasingly be the primary mode of connectivity for data access and mobility applications. The value of a technology like 802.11n is about enabling new kinds of uses on our campus, giving our students new opportunities and enabling faculty to push the limits and try things that were not possible before on previous wireless technologies,” Futhey added.
During real-world tests, Duke experienced predictable and reliable wireless coverage and consistent average data throughput performance of nearly 130 Mbps per client with the Cisco Aironet 1250 Series access point. In addition, tests at Duke indicated that existing 802.11g clients such as laptops connected to a Cisco Aironet 1250 Series access point obtained almost twice the data rate achieved while connected to an older wireless network, demonstrating the benefit of 802.11n to existing Wi-Fi devices.
In addition to the current benefits for the campus population, the new Cisco 802.11n wireless network supports the Duke Digital Initiative by enabling multimodal “classrooms of tomorrow” and collaborative group study areas that are now under construction in the Perkins Library. Video applications will become more pervasive with streaming audio, video and high-definition TV (HDTV) over Wi-Fi. All course materials, including digital recordings of classes, will be available anytime, anywhere using the wireless network. In addition, inside or outside of a classroom, faculty can use network resources to enhance teaching. For example, an economics professor is planning to use real-time market data as part of the course materials, clearly demonstrating the relevancy to current events.
“802.11n is clearly ready for prime time, and Cisco continues to deliver a reliable 802.11n solution to meet mobility needs,” said Ben Gibson, Cisco’s senior director of mobility solutions. “Duke is one of the first organizations to realize the benefits of a Cisco 802.11n wireless network and what it enables them to do: transform how they learn, live and play.”
Live Broadcast: Duke University and 802.11n
Today, from 10:00 to 11:00 a.m. PST, Kevin Miller, assistant director of Duke University’s communications infrastructure, will discuss the university’s Digital Initiative, strategy, business drivers and next steps for evolving the campus network to more powerful 802.11n wireless connectivity that will help shape the future of the education experience. Go to this URL and select “Play” at 10:00 a.m. PST to watch the live presentation. http://tools.cisco.com/cmn/jsp/index.jsp?id=70969
About Cisco
Cisco (NasdaqGS:CSCO – News) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com.
Cisco, the Cisco logo, Aironet and Cisco Systems are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information.
Contact:
Media Relations:
Ed Tan
Cisco Systems, Inc.
408 421 5132
edgtan@cisco.com
Industry Analyst Relations:
Laura Irwin
Cisco Systems, Inc.
408 853 8876
lirwin@cisco.com
Investor Relations:
Marilyn Mora
Cisco Systems, Inc.
408 527 7452
marilmor@cisco.com
Source: Cisco Systems, Inc.
HCL MiLeap X/Y Series Lauched As Low Cost Laptops in India
Filed under: Asia-Pacific, Computing, Electronics, IT Services, Internet, Software
New Delhi, January 15, 2008: Keeping its promise & heritage of always being the first to introduce the latest in technology for Indian markets at most affordable price, HCL Infosystems Ltd., India’s premier information enabler and country’s leading ICT system integrator and Distribution Company today launched ‘MiLeap’ India’s first full functional, ultra portable range of laptops that offer true mobile internet computing experience at a price point starting from Rs.13,990/-
The new range of Leaptops are sleek and light weight, yet offers a full PC functionality with true internet experience, heralding in a new category which holds the promise of being the future of personal mobile computing.
‘MiLeap’ is targeted at consumer who needs to stay connected, informed, entertained and productive-anytime and anywhere. It’s lightweight and small in size makes it so convinent, that one does not think twice about carrying it to the office, home, gym or park, or using it in a train, bus, plane or metro.
Speaking on the occasion, Mr. Ajai Chowdhry, Chairman & CEO, HCL Infosystems Ltd. said, “HCL is proud of its strong heritage of leading the technology revolution in India. With a legacy of having pioneered India’s first micro-computer, the country’s first desktop PC and the first home PC, at HCL it’s always been our endeavor to create technologies that touches lives. This revolutionary new range of Ultra Portable ‘MiLeap’ Leaptops will herald in a new category of computing devices, opening up a wide range of new usage scenarios and application areas.
“As an Indian company, we at HCL have a vision of empowering the nation through the adoption of IT at all levels. This new category, backed by HCL’s reach through its nation wide distribution, service and support network will revolutionise the PC penetration in India and brings us a step closer to this vision,” Mr. Chowdhry added..
Speaking at the launch of HCL’s new product, Mr. Ramamurthy Sivakumar, Managing Director – Sales and Marketing, South Asia, Intel said, “In a world where the access to information technology is really the passport to the 21st century, Intel and HCL are determined to broaden the number of people who can get access to the internet. Many different areas of our society benefit from broadband internet access as it gives opportunities for our children to learn, opportunities for the rural population to have 21st century learning and business tools, and opportunities for small business to compete on a national and world wide scale. Affordable access to information via broadband internet is the key to keeping India growing fast and competitive in the new global economy. In order for us to broaden the number of people who can have access to those things, we need to make the internet more affordable and accessible to a much larger number of people. The product that HCL is introducing today is an excellent step forward in that direction. The Indian market for information technology has tremendous potential, and has the opportunity to lead the world in delivering affordable solutions for the masses. Intel is pleased to partner with HCL to make this a reality in India.”
In today’s networked world, where internet connectivity is increasingly available on the move, more and more applications are exploiting the internet to increase productivity, offer value added services, deliver entertainment and enable people to stay connected.
Such is its adoption that Internet has evolved from being just text oriented, to today it becoming more visual with multi media content and a interactive platform. The number of users and members of online communities such as You Tube, Face Book, Orkut, and Google etc are increasing every day. Concepts of on Line Social and professional networking and working or playing on the move are a reality today.
The ‘MiLeap’ range of Leaptops with its ability to deliver true mobile internet experience will trigger the development of a number of new application scenarios for such useful and exciting online mobile application for day to day life.
Its Ultra portable form factor makes it convenient to carrying it with oneself, opening up limitless possibilities in new usage scenarios e.g in Corporates and Small businesses the ‘MiLeap’ range of Leaptops will enable true automation of their mobile field sales and service teams bringing to them the power of real time information on the move. The HCL MiLeap Series of Ultra Portables are uniquely suitable for Women and School Children due to its sleek and ultra light design.
Among the products showcased today the HCL ‘MiLeap’ X Series Ultra Portable range of Leaptops breaks the Rs. 14,000/- price barrier. With prices starting at Rs 13,990/- the HCL ‘MiLeap’ X series, which is specially designed for the Indian environment delivers exceptional value at a very affordable price.
Available with both flash-based and disk based storage versions, its sturdy design incorporates features that make it dustproof, shock-proof and durable. Both the models have network ports, are Wi-Fi ready, have the option for “Data card” and are available with GUI enabled user friendly Linux OS.
Also launched today is the HCL ‘MiLeap’ Y Series Ultra Portable Leaptops breaking the sub Rs 30,000/- price barrier. Ranging from Rs 29,990/- onwards this range of Ultra Portables are at half the price point of current similar products available in the market.
The HCL ‘MiLeap’ Y Series, powered by the latest Intel Ultra Mobile Platform & Microsoft’s Vista Home Premium, operating system weighs just 960 gm. This ultra Portable Leaptop comes with a Swivel 7’’ touch screen, 80GB HDD, wireless connectivity, Data Card option, blue tooth & Ethernet network port offering full PC functionality with true internet experience on the move.
The MiLeap Top Y Series incorporates a unique Navigational Pad that offers multiple navigational features such as touch screen, thumboard, stylus, keyboard, mouse and One touch buttons, making it one of the most intuitive products. It also features a Swivel 7” display cum note pad, making it a pleasure to input using a stylus and hand writing. The Microsoft Windows Vista Home premium powered MiLeap Y series is priced at Rs 33,990/-
Designed using the latest Intel Ultra Mobile platform- Intel processor A110 & Intel 945GU express chipset- this energy efficient lower power silicon design consumes less power, reduces thermal impact and gives an extended battery life. HCL being a socially responsible organization and conscious of the environment, both products are fully RoHS compliant with low energy footprint design.
Marking the occasion as HCL’s tribute to the nation, the company announced that the new range of HCL Leaptops will start shipping on 26th January coinciding with the Indian Republic day celebrations.
HCL also shared that they are going to come out with even more exciting products in this new category.
About HCL Infosystems
HCL Infosystems Ltd, with revenue (TTM) of US $ 2.9 Bn (Rs. 12162 Crores) is India’s premier information enabling and ICT System Integration company offering a wide spectrum of ICT products that includes Computing, Storage, Networking, Security, Telecom, Imaging and Retail. HCL is a one-stop-shop for all the ICT requirements of an organization.
India’s leading System Integration and Infrastructure Management Services Organization, HCL has specialized expertise across verticals including Telecom, BFSI, E-Governance & Power.
HCL has India’s largest distribution and retail network, taking to market a range of Digital Lifestyle products in partnership with leading global ICT brands, including Nokia, Apple, Casio, Kodak, Toshiba, Bull, Ericsson, Cisco, Microsoft, Konica Minolta and many more.
HCL today has India’s largest vertically integrated computer manufacturing facility with over three decades of electronic manufacturing experience HCL desktops is the largest selling brand into the enterprise space.
With India’s largest ICT services network that reaches to every corner of India, HCL’s award winning Support Services makes it the preferred choice of enterprise and consumers alike. For more information please visit us at www.hclinfosystems.in
About HCL Enterprise
HCL Enterprise is a $4.4 billion (Rs. 18,525 crore) leading Global Technology and IT enterprise that comprises two companies listed in India – HCL Technologies & HCL Infosystems. The 3-decade-old enterprise, founded in 1976, is one of India’s original IT garage start-ups. Its range of offerings span Product Engineering, Custom & Package Applications, BPO, IT Infrastructure Services, IT Hardware, Systems Integration, and distribution of ICT products. The HCL team comprises approximately 51,000 professionals of diverse nationalities, who operate from 18 countries including 360 points of presence in India. HCL has global partnerships with several leading Fortune 1000 firms, including leading IT and Technology firms. For more information, please visit www.hcl.in
For further information, contact:
Sanjay Chaudhary/Romita Kumar/ Saumya Upadhyaya
Vaishnavi Corporate Communications
romitak@vccpl.com/ supadhyaya@vccpl.com
9810203810/9958100403/ 9810488225
011-42393500
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