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Persistent closes Citrix products’ acquisition

IT firm Persistent Systems said it has closed the acquisition of Citrix Systems’ CloudPlatform and CloudPortal Business Manager product lines. Persistent Systems, through its US subsidiary, signed an agreement with

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Telecom operators fined Rs 323 crore in April-December 2015

The government has imposed fines of Rs 323.56 crore on telecom operators in nine months of the current fiscal for violating rules pertaining to verification of subscribers. It has however

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iPhone encryption: Turing Award winners side with Apple in fight against FBI

This year’s $1-million AM Turing Award goes to a pair of cryptographers whose ideas helped make internet commerce possible, and who now argue that giving governments a “back door” into

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Germany, US to cooperate on IT standards to reboot industry

Germany has agreed to work with the United States to find common standards to connect to the internet as part of its plan to modernize its small and mid-sized businesses

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Motorola devices now available on Amazon

Motorola has announced that its popular smartphones will now be available on Amazon. The company has also introduced some introductory offers such as discounts and cashbacks on the Motorola devices.

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Google’s Waze says not at fault for Israel troops losing way

Google-owned traffic app Waze hit back on Tuesday at suggestions its directions led Israeli soldiers into a Palestinian refugee camp where they were attacked, sparking bloody clashes. Two Israeli soldiers

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Sony may be planning to launch VR Glove for PlayStation 5

Sony Computer Entertainment has reportedly filed a patent for a glove that can interact with objects in virtual reality world. Seems Sony is planning to give gamers an altogether different

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Piramal arm acquires Adaptive for $24.5 million

A US-based subsidiary of Piramal Enterprises has acquired Adaptive Software for a total potential consideration of $24.5 million (over Rs 165 crore). Decision Resources Group (DRG), the company’s wholly-owned subsidiary

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Japan driverless taxi startup eyes partnerships with automakers

Japan’s Robot Taxi aims to forge partnerships with carmakers to develop a driverless taxi service in time for the 2020 Olympics, the technology company said, holding its first tests on

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A mixed bag for private equity/venture capital sector

Given the objective of the Government to attract substantial capital investments from offshore and domestic investors for its various flagship initiatives including Make in India, Start-up India, Stand-up India and

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