India Wire


Qualphone’s tech to be embedded in Qualcomm
ImageIsaac Eteminan, is frazzled and tired but a happy man. In his Bangalore visit, the president and CEO of Qualphone Inc, which was recently acquired by CDMA giant, Qualcomm for $18 million, has been talking to his development center employees and tying up all the loose ends of the latest Qualcomm acquisition.
 
Tessolve invests $250 million in Chennai chip plant

Fifteen years ago, the town of Sriperumbudur, on the outskirts of the southern port capital of Chennai hit the headlines because the 46-year-old Indian Prime Minister Rajiv Gandhi was assassinated by a suicide bomber.
 

 
Patent on Blackboard’s technology upsets e-learning firms
ImageMeeting his e-tutor face to face for the first time when he visited India during summer holidays was the height of excitement for 10-year-old Farhan. He goes to school in New York and was being taught online by this Bangalore-based math teacher for the past 18 months.

 
India story takes off on mobile commerce applications
Sourabh Jain is ecstatic and can barely keep his excitement down. His start-up, which worked on user-friendly mobile commerce software over the past two and a half years, has just received $2.2million in a first round of funding from Helion Ventures.

 
i-flex solutions buys Mantas for $122.6 million
ImageIndia-based banking and insurance software company, i-flex solutions, has bought anti money laundering software provider Mantas for $122.6 million.
 
 
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