Stanley gets Pentagon deal worth up to $49 million to provide cybersecurity services

October 29th, 2009 Stanley 2Q profit up 35 percent on Army contractsARLINGTON, Va. — Stanley Inc.

October 21st, 2009 Equinix to buy Switch & Data in $689M dealFOSTER CITY, Calif. — Data center and Internet exchange service provider Equinix Inc.

July 13th, 2009 Offer puts value of at least $6.5B on FacebookNEW YORK — How much is Facebook worth? A Russian investment firm appears to put it at $6.5 billion to $10 billion. The investment group, Digital Sky Technologies, said Monday it will buy up to $100 million worth of Facebook shares from current and former employees.

December 22nd, 2008 BANGALORE - India's second largest IT bellwether Wipro Technologies Tuesday announced acquisition of Citi Technology Services, the India-based captive provider of IT services and solutions to Citigroup entities worldwide, for $127 million in an all-cash deal. As part of the deal, Wipro and Citi will sign a Master Services Agreement for delivery of technology infrastructure services and application development and maintenance services for six years, which is projected to accrue $500 million during the contract.

September 2nd, 2009 MELBOURNE - Qantas has praised outsourcing partner Mahindra Satyam's performance despite the latter being embroiled in a much-publicised billion-dollar accounting scandal. According to Australian IT, Qantas corporate services and technology executive manager David Hall said despite the fraud saga, Satyam continues to service the Flying Kangaroo.

August 13th, 2009 AIG reaches deal to sell Indian IT unit to MphasiSNEW YORK — American International Group reached a deal to sell another unit on Wednesday. The battered insurance giant will sell its AIG Systems Solutions Pvt.

June 23rd, 2009 Alvarion shares climb after Italy dealNEW YORK — Shares of Alvarion Ltd. jumped Tuesday after the Israeli provider of wireless broadband technology and services said it was chosen to deploy a nationwide mobile wireless data network in Italy.

November 3rd, 2009 Windstream to buy NuVox for $643 millionLITTLE ROCK, Ark. — Phone company Windstream Corp.

August 19th, 2009 By Arvind Padmanabhan and Fakir Balaji The global slowdown and the financial crisis have ironically whetted the appetite of India's $71 billion outsourcing industry for takeovers, as back-office arms of multinational companies, both large and small, are being acquired by them in steal deals. And much to the delight of Indian buyers, the sellers have almost always awarded multiyear, multimillion dollar contracts to get the same services from them that has insured the jobs of millions of Indian youth.

April 22nd, 2009 Morgan Stanley, Ford, Yahoo, AirTran big movers NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Morgan Stanley, down $2.21 at $22.44 The investment bank's $578 million loss disappointed investors and stood in contrast to other big banks' better-than-expected results. Ingersoll Rand Co., up $2.62 at $19.35 A first-quarter loss was better than analysts had expected from the diversified manufacturer, and guidance for 2009 pleased investors.

March 16th, 2009 NEW DELHI - India's leading offshore IT and software development company, the HCL on Monday announced that it has bagged a seven year 350 million dollars IT services outsourcing contract from media and marketing house 'Readers Digest Association' (RDA). According to a HCL statement, under the deal, the IT giant would re-build and migrate RDA's mainframe environment to its New Jersey data centre facility.

October 6th, 2009 IBM signs $200M outsourcing contract with telecomSAN FRANCISCO — IBM Corp. says it has won a $200 million contract to handle some technology chores for a company called Datacom Solutions as it rolls out telecommunications services in India.

November 5th, 2009 JDA Software to buy i2 for about $434 millionNEW YORK — JDA Software Group Inc., which makes inventory management software for retailers, said Thursday it has agreed to buy rival i2 Technologies Inc. for about $434 million.

June 23rd, 2009 MUMBAI - Telecom major Idea Cellular Tuesday signed a Rs.145-crore agreement with Firstsource Solutions, a business process outsourcing (BPO) service provider. As part of the agreement, Firstsource will provide for five years a suite of customer management interaction services, including customer service, billing, new product information and plan details to Idea from its centre in Coimbatore, the companies said in a statement.

September 11th, 2009 SAN FRANCISCO - The US Department of Justice is looking into the advertising and search alliance between Microsoft and Yahoo, the companies said Friday. Yahoo and Microsoft, which trail a distant second and third respectively to Google in the internet search market, announced their deal in late July in a bid to combine forces and challenge the web giant.