Joins The Blasting News! Get A Well-Paying Freelance Writing Job!

$3 guarantee for each article published on our site + a variable compensation, up to $500 per article!

Blasting News is a fully independent magazine based on the principle of social journalism and powered by the voices of thousands of people called Blasters.

Being part of the largest social news magazine, the 142nd most read site in the world, according to Alexa Rank, getting your news out to over 100 million active monthly users. Blasting News has just reached this size 44 months after its launch (growing faster than Facebook, which took 54 months to do the same). Registration is free!

Erwin Castro (The Techchaser) Invited You To Sign Up And Write To Get This Great Opportunity!

Blasting News

Sunday, April 26, 2015

IT Consultancy Giant Infosys Acquires Kallidus, An Ecommerce Services Provider

IT consultancy and services provider Infosys has announced that it has acquired e-commerce services provider Kallidus for $120 million. The company plans to integrate the Kallidus portfolio to bring more digital shopping experience solutions to its customers, which includes offering IP-led technology and automation tools. 

The deal is expected to go through by the end of the first quarter of fiscal 2016, German-based Deutsche Bank acted as the sole financial advisor to Infosys' deal. 

Kallidus is the latest and the second major acquisitions Infosys has acquired this year. In February, the company acquired US-based automation technology firm Panaya for $200 million. The San Francisco-based Kallidus offers a cloud-based platform that powers a range of online services for large retail clients. The company develops and host mobile e commerce sites, mobile apps and other digital shopping experiences across mobile, tablet and other emerging channels. 

Infosys CEO Dr. Vishal Sikka said in a prepared remarks: "We see the power of digital experiences in reaching consumers, and in particular retail shoppers in entirely new ways where the physical retail is being augmented and amplified by the digital." 

Headquartered in Bangalore, India, Infosys is a multinational  IT consultancy and outsourcing company. It provides business consulting, information technology, software engineering and outsourcing services. Infosys is the second largest India-based IT services provider and India's sixth largest publicly traded company (with market capitalization of $42.51 billion). 

Image Credit: The Time Business

1 comment:

Liam Rowe said...

Providing effective Website Designing Dubai web design to improve the customers for websites. Business people develop websites for world wide business. Giving impressible graphics to website full fill the customer needs.

Introducing A Great Place To Find A Job

The marketplace where tech companies compete to hire you. Meet 5 to 15 top companies in one week with salary info upfront. You’re in demand. Shouldn’t companies you love come to you with offers upfront? We think so. That’s why Hired is changing the way you find your next job with a faster, more transparent job search process built specifically for Python Programmers, RoR Developers, Java Programmers, Software Engineers, Big Data Scientists, Data Scientists, DevOps, UI/UX Designers, Product Managers, and Web Developers.

Hired is the first two-sided marketplace created specifically for Engineers, Data Scientists, Designers and Product Managers who are overwhelmed with job opportunities.

We believe recruiting should be transparent, unbiased, and that the talent should be in control. Our one week “auctions” provide upfront offers from vetted and funded companies, dedicated talent advocates, and a $2,000 signing bonus.

Our mission is to make hiring, or getting hired, less painful. A Whole New Recruiting Model.


Learn More: GET HIRED!

VMware: Virtualizing the Entire Data Center

Virtualizing the Entire Data Center by: VMware, The World's Leader in Virtualization and Cloud Infrastructure

VMware vSphere Essentials delivers the industry-leading virtualization platform for small businesses at an affordable price. Small businesses can virtualize their physical servers and centrally manage these servers, reducing hardware costs and increasing operating efficiency with a low upfront investment.
Provides cost-effective server consolidation and management for small offices

Learn more about the VMware vSphere Essentials