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Capgemini is Reportedly in Talks to Acquire iGATE

Capgemini is Reportedly in Talks to Acquire iGATE

By Narayan Ammachchi French outsourcing firm Capgemini is reportedly in talks to purchase Indian IT outsourcing firm iGATE, according to the Times of India. The paper says the acquisition is more or less certain because Apax Partners, which financed much of ...

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Latin America Performs Poorly in Networked Readiness Index

Latin America Performs Poorly in Networked Readiness Index

By Narayan Ammachchi Most countries in Latin America are failing to exploit the potential of ICT to drive social and economic transformation, according to the World Economic Forum’s Global Information Technology Report 2015. According to the data from the report’s Networked Readiness Index (NRI), which ...

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China Lends $5 Billion to Cash-Strapped Venezuela

China Lends $5 Billion to Cash-Strapped Venezuela

By Narayan Ammachchi China has agreed to lend Venezuela US$5 billion, with the crisis-hit South American country in desperate need of funds to balance its budgets. The loan was announced by President Nicolas Maduro, although China has neither confirmed or denied the news. Maduro ...

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