Deals

Infosys Technologies to Manage Microsoft's Internal IT Services
Infosys announced that it will manage internal IT services for Microsoft worldwide. As part of this managed services agreement, Infosys will streamline implementation processes and simplify support and service.
http://www.infosys.com/newsroom/press-releases/Pages/IT-desk-side-services.aspx

Microsoft Utilizes Integreon Legal Process Outsourcing (LPO) Services to Gain Efficiencies While Reducing Costs
Integreon announced that Microsoft Corp. is utilizing Integreon to provide legal support services, including contract review and offshore document review.
http://www.integreon.com/news-resources/press-releases/2010/microsoft-utilizes-integreon-legal-process-outsourcing-lpo-services-to-gain-efficiencies-while-reducing-costs.html

HCL signs 3-year deal with UK-based utility
HCL BPO has signed a three-year deal with a UK-based utility to which it will provide end to end business acquisition and support services. Experts peg the deal to be around $30 million (Rs 135 crore).
http://www.business-standard.com/india/news/hcl-signs-3-year-dealuk-based-utility/390403/

IBM Signs Six-Year IT Services Agreement with Nordea
IBM and Nordea announced a new six-year IT services agreement that runs through 2015. The new agreement succeeds a 10-year contract signed in 2003. IBM will provide a flexible solution that supports the overall strategic direction of the bank.
http://www-03.ibm.com/press/us/en/pressrelease/29845.wss

Nordea Awards Accenture Five-Year Application Outsourcing Contract
Accenture has signed a five-year application outsourcing contract with Nordea, to develop and maintain applications that will support the bank’s customer websites.
http://newsroom.accenture.com/article_display.cfm?article_id=4979

Alko Taps IBM Services to Improve Customer Satisfaction and Environmental Efficiencies
Alko Inc and IBM announced a new five-year information technology (IT) services agreement that will help Alko improve customer satisfaction by increased reliability of customer service systems and supply chain operations.
http://www-03.ibm.com/press/us/en/pressrelease/29831.wss

M&A, Partnerships, JV

Rolta Announces Acquisition of OneGIS, Inc.
Rolta has acquired US-based IT consulting firm OneGIS for an undisclosed amount. Technical expertise of OneGIS will significantly expand Rolta's current geospatial fusion service offerings by adding substantial consulting and domain expertise in utilities and telecommunications.
http://www.rolta.com/media-centre/press-120410.html

Birlasoft Bolstering Global Delivery Capability
Birlasoft is setting up Global Delivery Centers in Beijing in China and Monterrey in Mexico. Birlasoft's mission is to support clients from multiple locations in a combination of onshore, nearshore and offshore services model.
http://www.birlasoft.com/newsroom/pr_2010_april_07.html

Sierra Atlantic Acquires Baytree Associates, Enhancing Onshore Capabilities
Sierra Atlantic Inc. has acquired Baytree Associates, a full-service consulting firm and Oracle solutions provider.
http://www.sierraatlantic.com/newsroom/press/sierra_acquires_baytree_04_10.php

Wipro enters fast growing Blu-ray market through partnership with Philips
Wipro announced that the company has signed a partnership agreement with Philips to offer Blu-ray middleware and solution development services around Philips’ developed Blu-ray technology. Wipro enters the Blu-ray market with sub-licensing rights to offer Blu-ray middleware to its customers.
http://www.wipro.com/corporate/media/newsdetail.aspx?id=1603

News & Events

Firstsource announces change in leadership
Firstsource announced that Ananda Mukerji, MD and CEO would be stepping down from his current position on July 27, 2010. Matthew Vallance, currently Jt. MD & President BFSI & Telecom and Media and member of the Firstsource Board will succeed him as MD & CEO. From that date, Ananda Mukerji will assume the position of non-executive Vice-Chairman on the board of Firstsource.
http://www.firstsource.com/FirstSourceCMS/UploadedFiles/ArticlePDFFiles/Ananda%20announcement_final_080410.pdf

Tech Mahindra arm to launch 6,000 mobile applications
CanvasM, a joint venture between Tech Mahindra and Motorola, is planning to launch 6,000 new indigenously developed applications for mobile phones.
http://www.techmahindra.com/content/presscoverages/Business_Standard_3_04_10.pdf

Award

Infosys Technologies Wins Top Industry Awards for Client Management of Large Outsourcing Relationships
http://www.infosys.com/newsroom/Pages/index.aspx

Analyst/Reports

Forrester - US And Global IT Market Outlook: Q1 2010
IT market indicators are showing an end to declines, and setting the stage for stronger growth in 2010.
Forrester expects the US IT market to grow by 8.4 per cent and the global IT market (in US dollars) by 7.7 per cent.
http://www.forrester.com/rb/Research/us_and_global_it_market_outlook_q1/q/id/56695/t/2