Tuesday, December 22, 2009

Mergers News: 22/12/09

L&T INFOTECH, SAVVION SIGN PACT
Mumbai
The Statesman  Deccan Chronicle  

IT services provider, L&T Infotech, today announced a strategic partnership with Savvion to provide Business Process Management (BPM) solutions.

Savvion is a leading business process management company.

The facilities will be in the areas of business process modelling, implementation and integration solutions and services to its clientele, a release said.

The BPM marketsize is estimated to reach $2.6 billion globally by 2011.

The partnership expands upon L&T Infotech's Business-to-IT Connect that provides cutting-edge solutions and services to clients across multiple continents.

Savvion Business Process Management Systems (BPMS) enables organisations' to operate more competitively and cost-efficiently. With Savvion BPM, organisations will become more efficient, gain better visibility in operations and more agility to respond to change business conditions quickly, the release said.

TATA DOCOMO, SATNAV TIE UP FOR TRACKING SERVICES
New Delhi
The Financial Express

SatNav Technologies, a major GPS navigation services and products provider has forged a partnership with new GSM telecom service provider Tata DoCoMo to offer round-the-clock tracking service through the mobile phone.

It will be one of its kinds to be offered over the mobile phone, Amit Prasad, managing director and CEO of SatNav Technologies said, adding that the company will set up a call centre where subscribers of the service can call up to track the whereabouts of the device and the person.

“So far such kind of tracking could only be done through a separate device that had to be carried all the time. However, our service will be offered through an application that users can subscribe and install on their phones,” he said.

Initially priced at 10 paisa per second or Rs 6 per minute, Prasad said the service will essentially be useful for companies which have a high number of on-field personnel who need to be tracked from time to time. “The service has multi-usage but will come in handy especially for parents,” he said.

SatNav was earlier part of Satyam Computer Services (now Mahindra Satyam) and was spun off into a separate entity in the year 2004. Prasad said the company would soon offer the service with service providers too, which includes the Airtel, Reliance and Idea.

However, one factor which could limit the spread of the usage is the fact that the service will only be offered on phone that have Windows Mobile or Android software. “We are working towards making the service available on other phones as well,” he said.

 

COMP U LEARN EYES 60 PERCENT IN TRANSOFT
Financial Chronicle

IT firm Comp U Learn Tech India on Monday said its board will meet on December 27 to discuss the acquisition of 60 percent stake in software development firm Transoft Infosolutions.

 



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