Global Dispatches

An International IT News Digest

IT Services Firm to Expand India Operations

BANGALORE, India -- Kanbay International Inc., an IT services firm focused on the financial services industry, has disclosed plans to expand its Indian development facilities to accommodate nearly 3,000 more workers by next spring.

Rosemont, Ill.-based Kanbay currently employs about 3,800 staffers at Indian development centers in Pune, Hyderabad and Chennai, said Raymond Spencer, chairman and CEO.

Spencer declined to say whether all of the new positions would be filled by early next year, when the facilities will be able to accommodate 6,500 workers.

The company will expand in India in proportion to its revenue growth, Spencer said.

Kanbay currently employs about 4,700 staffers worldwide, 80% of whom work in Indian facilities. The company plans to retain that percentage as it grows, Spencer said.

Kanbay is also exploring the possibility of setting up development centers in China, Eastern Europe and Latin America, according to Spencer.

John Ribeiro, IDG News Service

CSC, Telkom Sign Pact With African Banks

JOHANNESBURG, South Africa -- Computer Sciences Corp. (CSC) and Telkom SA Ltd. have signed a five-year, $275 million outsourcing agreement with Nedbank Group Ltd. and Old Mutual SA to build and operate a shared network for the financial services companies. The deal also includes network security and help desk support.

Nedbank and Old Mutual, both in South Africa, are parts of London-based Old Mutual Group.

Nedbank and Old Mutual officials expect the pact to help reduce the risk of technology failures and let them leverage the buying power of two organizations.

Company officials predicted that the two firms will save about $154 million over the life of the pact - $46 million by Old Mutual and $108 million by Nedbank.

Samantha Perry, Computing South Africa

Infineon Spins Off RFID Software Business

DUSSELDORF, Germany -- Munich-based chip maker Infineon Technologies AG has spun out a new company to take over its work on developing radio frequency identification (RFID) software.

The new firm, RFiT Solutions GmbH, is headed by a group of former Infineon executives. The Graz, Austria-based company acquired all of Infineon's RFID software business, including patents, trademarks and licenses, for an undisclosed price.

Meanwhile, Infineon said it intends to continue to develop, produce and market RFID chips and inlays, which comprise chips, antennas and the connections in between.

RFiT will continue development of the Infineon's You-R OPEN software, which can connect companies' existing logistics IT systems to new RFID-supported logistics systems and to an entire RFID infrastructure of readers, PCs and IT networks.

John Blau, IDG News Service
Compiled by Mike Bucken.

Briefly Noted
Atos Origin SA, a Paris-based IT services company, has signed an $86 million contract to provide IT services to London-based Network Rail Ltd., which oversees the U.K.'s railway network. The agreement calls for Atos Origin to operate the train management and planning systems that are used to compile Network Rail's timetables and monitor the location of all trains across the nation's rail network.

Pacific Internet Ltd. in Singapore said that Tong Hai Tan resigned as CEO last week in order to seek new "challenges in his career." Tan has been CEO of the Internet service provider since 2001. A search has begun for Tan's replacement, the company said.
Sumner Lemon, IDG News Service

Deutsche Telekom AG agreed last week to buy Austrian mobile phone carrier tele.ring Telekom Service GmbH, a division of Bellevue, Wash.-based Western Wireless Corp., in a $1.6 billion deal. The tele.ring operation, with 968,000 customers, will be folded into Deutsche Telekom subsidiary T-Mobile Austria GmbH, Austria's second-largest operator with more than 3 million customers.
John Blau, IDG News Service
Global Fact

16.6%

Five-year compound annual growth rate of content management business in the Asia-Pacific region (except Japan).
Source: IDC, Framingham, Mass.

Copyright © 2005 IDG Communications, Inc.

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