Home » Industry » IT Infrastructure Support Services

IT Infrastructure Support Services

Acxiom Corp. Sells IT Business for $190 million

Acxiom, an enterprise data, analytics and software-as-a-service company, announced that it has entered into a definitive agreement to sell its IT Infrastructure Management business (Acxiom IT) to Charlesbank Capital Partners and M/C Partners for total cash consideration of up to $190 million. The sale is expected to close in the second quarter of fiscal 2016, following the satisfaction of regulatory ... Read More »

ICICI Bank India Launches Contactless Debit & Credit Cards

ICICI Bank launched the country’s first contactless debit and credit cards that use the near-field communication technology, enabling one to make payments by just waving the card near merchant terminals instead of swiping the same.  The near field communication (NFC) technology provides customers improved convenience of speed and security over traditional cards as these cards can complete a transaction faster ... Read More »

Baidu to Build its own Supercomputer to Beat Google at Image Search

Baidu, Inc. is upping the ante in its fight with Google for image-recognition supremacy with what it hails as a record-setting computer vision system capable of recognizing different variations of the same image better than any other current artificial intelligence.  The secret?  A dedicated supercomputer. Baidu’s homegrown neural network runs on a specially assembled cluster of 36 Linux servers each ... Read More »

Google X Buys Gecko Design

Google has acquired Gecko Design, which will become part of the Internet company’s unit developing cutting-edge products like Glass and balloons for Internet access. Terms of the deal were not disclosed. Gecko President Jacques Gagne and its four other employees will join Google’s “X” research division next month. In addition to Glass and Internet balloons other projects at Google X include self-driving ... Read More »

World Record Broadband Speed of 10 Gbps Over Traditional Telephone Lines Achieved

Alcatel-Lucent’s Bell Labs passes Google fiber to set broadband speed record, eight times faster than the previous record – and it was done over copper land lines.  Bell Labs, the research arm of Alcatel-Lucent, has set a new broadband speed record of 10 gigabits-per-second (Gbps) using traditional copper telephone lines and a prototype technology that demonstrates how existing copper access networks ... Read More »

Boosting Internet Access in Remote Areas

Google is acquiring Titan Aerospace, a maker of solar-powered drones that could be used to boost Internet access to remote areas.  Google did not release the financial terms of the transaction. Titan’s drones are able to run for five years at an altitude of some 65,000 feet (19,812 meters).  They can perform similar functions to geostationary satellites, but are less ... Read More »

Neustar Launches PlatformOne

Cross-channel analytics and business intelligence company Neustar unveiled a new unified analytics service called PlatformOne.  The release is the culmination of several years of development and acquisitions, most notably that of Aggregate Knowledge late last year. PlatformOne’s primary components include: Customer intelligence: Via Neustar’s proprietary data, marketers can identify and verify customers in real time and use that data to apply predictive segmentation. Media intelligence: Marketers ... Read More »

The Age of The Customer Will Reshape Asia Pacific’s Tech Markets in 2014

Forrester’s team of Asia Pacific (AP) analysts released our top 10 predictions for the Asia Pacific tech market in 2014 this week. The most critical overarching trend for the region in 2014 will be the strengthening age of the customer, which we define as a 20-year business cycle in which the most successful enterprises will reinvent themselves to systematically understand ... Read More »

US Technology Companies Face Challenges in China Following Spy Scandal

U.S. technology companies including Cisco Systems Inc, International Business Machines Corp and Microsoft Corp may face new challenges selling their goods and services in China as fallout from the U.S. spying scandal starts to take a toll. IBM last month reported a 22 percent drop in China revenue, leading to a 4 percent decline in its third-quarter profit. Chief Financial ... Read More »