Software Magazine ranks Proteans Software as one of the world’s largest software companies

September 2nd, 2009 BANGALORE - In the tough economic conditions during the past few months, most IT/software outsourcing companies have shown flat or negative growth in their revenues. Companies have been looking at opportunities in new geographies and industries to get growth.

June 10th, 2009 Software makers Symantec, McAfee settle with NY AG NEW YORK — Two of the nation's largest security software companies have agreed to clearly detail the terms of subscription renewals and pay penalties totaling $750,000 in a settlement with New York's attorney general. New York Attorney General Andrew M.

July 14th, 2009 Software AG hopes to merge with IDS ScheerFRANKFURT — Germany's Software AG said Tuesday the company hoped to acquire 100 percent of fellow software company IDS Scheer AG in a bid to increase its presence and global competitiveness. Darmstadt-based Software AG said it would likely spend euro477 million ($668 million) for all outstanding shares of Saarbruecken-based IDS Scheer at about euro15 a share, and that it had already had a commitment from the company's two main owners for the 48 percent of the share capital those two individuals hold.

July 22nd, 2009 Software AG 2Q net profit up 7 percentFRANKFURT — Germany's Software AG said Wednesday that its second quarter net profit rose 7 percent on a strong improvement in revenue from licenses and maintenance. The Darmstadt-based company reported a net profit of euro29 million ($41 million) in the April-June period, compared with euro27 million a year earlier.

August 17th, 2009 Software AG offers to buy remaining Scheer sharesFRANKFURT — Germany's Software AG said Monday it was offering euro15 ($21.15) a share in cash for all the outstanding stock of fellow software company IDS Scheer AG after announcing in July it intended to acquire the company. Darmstadt-based Software AG said in a statement the offer would start Monday and run until September 18.

March 12th, 2009 NEW YORK - Forbes magazine study has revealed that Microsoft Corporation co-founder Bill Gates has reclaimed the title of the richest man in the world, with a total net worth of 40 billion dollars. According to Fox News, the magazine found 793 billionaires in 2009, which was down by 30 percent from a year earlier.

March 27th, 2009 THIRUVANANTHAPURAM - While India's overall software exports have slowed down on account of the global slowdown, those from Kerala grew 43.41 percent till February-end, fetching a revenue of Rs.2,300 crore. 'While the STPI (Software Technology Parks India) figures for the country show a growth of 17.62 percent till February-end this fiscal, software exports from Kerala have grown at 43.41 percent,' said an IT department official who did not wish to be identified.

May 13th, 2009 SAN FRANCISCO - Software piracy cost companies more than $50 billion last year, according to a study by the Business Software Alliance, an industry trade group. The report released Tuesday said that worldwide losses totaled $53 billion, an 11-percent increase over the previous years.

March 19th, 2009 CHENNAI - City-based IT firm ChennaiNet Thursday launched a new solution that will help individuals and companies spot the holes in their networking software and fix them at once. 'Our online tool Automated Vulnerability Assessment and Reporting Services (AVARS) spots the holes in software or in other networks and reports the same immediately,' ChennaiNet chief executive M.L.

June 11th, 2009 CHANDIGARH - Software exports from Chandigarh and its adjoining towns of Panchkula and Mohali grew 31 percent to cross Rs.1,050 crore in 2008-09, compared to Rs.800 crore the year before. Growth results released by officials here said that software exports in the union territory, particularly from the Rajiv Gandhi Chandigarh Technology Park here, rose from Rs.504 crore in 2007-08 to Rs.750 crore last year.

October 5th, 2009 CDC to acquire business intelligence providerATLANTA — Business software developer CDC Software Corp. said Monday it has agreed to an all-cash purchase of a provider of business intelligence solutions for manufacturing intended to help expand its presence in the food and beverage, consumer packaged goods and automotive markets.

June 24th, 2009 SAN FRANCISCO - Hoping to dispel fears about the vulnerability of Windows to viruses and other malware, Microsoft Tuesday released a trial version of a new free security package called Microsoft Security Essentials. The software is designed to replace the Windows Defender tool that Microsoft released in 2007, but which was widely derided as being inadequate to protect computers from the constant and ever-evolving threats posed by hackers.

July 9th, 2009 BHUBANESWAR - Despite the global economic slowdown, software exports from Orissa grew by 39.05 percent in 2008-09 over the year before, officials said Thursday. The total IT exports of the state stood at Rs.1,168 crore last fiscal as against Rs.840 crore the year before, said Manas Panda, officer in charge of the Bhubaneswar unit of the Software Technology Park of India (STPI).

August 12th, 2009 Microsoft to put Office programs on Nokia phonesSEATTLE — Microsoft is working with Nokia to put Office software and other programs on smart phones. The companies say people will be able to read, edit and create new Word, Excel, PowerPoint and OneNote programs on Nokia smart phones, which run an operating system called Symbian that competes with Microsoft Corp.'s own Windows Mobile.

September 17th, 2009 The world's 10 most valuable brands in 2009Here's a look at the world's top 10 most valuable brands: 1. Coca-Cola, up 3 percent to $68.73 billion 2.