ChannelTimes

Nihilent Technologies, a Pune based consulting and IT services solutions integrations company, announced the acquisition of ICRA Techno Analytics Ltd (ICTEAS) –) for USD 10 million to continue its expansion strategy. ICTEAS is a wholly owned subsidiary of the credit rating agency ICRA, a Moody’s investors service company. An agreement has been reached between the companies wherein Nihilent will acquire full ownership of ICTEAS. Read Also:Emerson Announces ‘Rain Gain’ Program For Partners ICTEAS is headquartered in Kolkata, with offices in California and Connecticut in the US, and has expertise in...

Global sales of smartphones to end users totaled 344 million units in the second quarter of 2016, a 4.3 per cent increase over the same period in 2015, according to Gartner, Inc. Overall sales of mobile phones contracted by 0.5 per cent with only five vendors from the top 10 showing growth. Among them were four Chinese manufacturers (Huawei, Oppo, Xiaomi and BBK Communication Equipment) and South Korea’s Samsung. “Demand for premium smartphones slowed in the second quarter of 2016 as consumers wait for new hardware launches in the second...

Philips, a visually stunning and technologically advanced digital signage solutions (DSS) provider, today inked National Distribution deal with Creative Peripherals (CPDPL). CPDPL will be exclusively distributing Philips DSS in India. “With Creative peripherals as our distributor, we will increase our presence in the IT channel as well as in retail & corporate partners.” said Uday Pratap, Business Head at Philips Signage Display Solutions. He added, “Our goal is to continuously improve our customer experience in every aspect. Expanding our network of sales, personal support and being in proximity to our...

Digital Guardian, a Massachusetts (US) headquartered data protection platform has announced the launch of its operations in Hyderabad. The center here, which is Digital Guardian’s first in India and 7th globally, would be an integral part of the company’s global development centers and would focus on enhancing existing products, it said in a statement. As an extension arm to the core engineering department, the India center would focus on enterprise product development, along with software-security and systems-management innovation. “Overall, the India center will be a driver for revenue while providing a...

Karnataka has emerged as the most preferred investment destination in the country. The state attracted Rs 53,396 crore investments in the IT sector last financial year, a nearly 25 per cent of total Rs 2.2 lakh crore from both public and private sources across the country, says Assocham report. Clocking a Compounded Annual Growth Rate (CAGR) of over 14 per cent, IT investments in Karnataka had grown from Rs 14,337 crore in 2005-06 to Rs 53,396 crore in 2015-16, PTIreport published in ET stated while quoting Assocham sector-specific analysis. Investments attracted...

D-Link today announced additions to its Value in Partnership+ (VIP+) incentive program, designed to reward and empower D-Link channel partners. Enhancements include D-Link’s new, no cost VPN Router Certification Program and Case Study Bounty Program.The D-Link VIP+ program offers solutions, training, tools, and support to help value-added resellers (VARs) accelerate growth. “D-Link’s Value in Partnership+ program continues to empower our channel partners to evolve their business models,” said Kerry Mertz, field marketing programs manager, D-Link Systems, Inc. “D-Link is committed to providing channel partners the resources they need to deliver...

Oracle Academy and Telangana Academy for Skill and Knowledge (TASK) have signed a partnership agreement to introduce Oracle Academy curriculum into 150 engineering colleges in the state. As part of this initiative, Oracle Academy resources including software, academic curriculum, hosted technology, educator training, support and certification resources will be made available to students and faculty. The initiative is expected to help 2,000 students and 150 faculty members over the next three years. Under this agreement, Oracle Academy will facilitate a ‘train-the-trainer’ course to ramp up engineering college faculty members as...

Chinese smartphone maker Xiaomi, which has a contract manufacturing facility with Taiwan-based Foxconn at Sri City, has said it would ramp up production by adding more assembly lines. Currently, Xiaomi India sells various models produced at the manufacturing facility of Foxconn located at Sri City Special Economic Zone, Tada near Chennai. “The plan is to increase number of (assembly) lines in our existing facility in Sri City (SEZ). We will be ramping up production,” PTI report published in Financial Express quoted Xiaomi India Chief Manu Jain as saying. Besides ramping up production,...

Remember the days when sisters used to struggle in crowded retail shops to grab the best Rakhis and gifts for their beloved brothers? Remember the days when finding the best Raksha Bandhan gift for loving sisters used to be Herculean task for brothers? Well, thanks to surge of E Commerce in our day to day lives, this struggle has come to an end. E Commerce has deeply penetrated our day to day lives and given a digital touch to our traditional festivals. So now no more hassle and no more...

BenQ has completed the acquisition of ZOWIE, an e-gaming accessories and equipment brand. The company is also planning to bring the entire Zowie product range to India. With the acquisition, Zowie has become the official e-sports brand for BenQ in India. In an official statement, the company said that the strategic partnership with ZOWIE would strengthen BenQ’s position in the industry as a company that fully supports the entertainment and gaming ecosystem. Read Also: Oracle, TASK Partner To Launch Oracle Academy Curriculum In Telangana The company first announced the merger in...