Technology Sector

Oracle all set to acquire Sun Microsystems for $7.4 billion

Oracle all set to acquire Sun Microsystems for $7.4 billion US-based software major, Oracle Corporation, on Monday agreed to acquire Nasdaq-listed Sun Microsystems Inc for $7.4 billion at $9.50 per share in an all-cash transaction.

It should be noted that the deal just comes after a week, when IBM's (International Business Machines) plan to buy the maker of Java software fell apart.

Polaris Software Net profit soars 78.5% in Q4

Polaris Software Net profit soars 78.5% in Q4Chennai-based Polaris Software has finally declared its fourth quarter results on Monday.

The firm posted a 78.5 per cent growth in its net profit at Rs 130.71 crore during the year ended March 31, 2009 against Rs 73.22 crore in the previous year.

The company's Q4 net profit stood at Rs 32.1 crore versus Rs 37.16 crore, QoQ.

Apart from this, the company's total income rose 18 per cent to Rs 337.25 crore in the fourth quarter, from Rs 286.16 crore in the same period last fiscal.

Google unveils two new products – Image Search, News Timeline; refurbishes Google Labs site

GoogleImage Search and Google News Timeline are the two new products that Google unveiled on Tuesday. In addition to these, Google has also refurbished its Google Labs site.

Though seemingly quite interesting, the two new products are not 100 percent refined and are somewhat imperfect in their capabilities - but then, Google says, that's exactly the idea! According to R J Pittman, director of product management for Google's consumer-oriented technology, rather than presenting a perfectly 'complete' product,

Google prefers gathering feedback quickly and making the adjustments required in its new products.

TCS net profit increases 4.6% in FY 2009; Board recommends 1:1 bonus share issue

Tata Consultancy ServicesThe quarterly profit of the autos, commodities and services businesses-inclusive Tata Group firm, TCS - Tata Consultancy Services - has increased by 4.6 percent. Compared to the Rs 4,508.76 crore after-tax net profit reported during earlier fiscal, the figures for the year ending March 31, 2009 stood at Rs 4,696.21 crore.

The year-on-year total income increased from Rs 18,979.67 crore in the last fiscal year, to Rs 21,947.76 crore this fiscal.

Smartdata enterprises, the offshore software outsourcing company

Smartdata enterprises, the offshore software outsourcing companyMohali, April 20: Smartdata enterprises, an offshore software outsourcing company, has expertise in web and software applications development in the ever-growing software development offshore outsourcing global market.

In 1996, SmartData Enterprises Incorporation, a consulting company was formed in Silicon Valley, California.

It was three years later in 1999, the company saw the vast potential in the IT sector in India and set up SmartData Enterprises (India) Ltd, a database company with four members.

Google Chrome enables users “to remove thumbnails from the New Tab Page”

Google ChromeAccording to the Google Chrome Program Manager, Anthony Laforge, in the Thursday-released Chrome update, the open source browser now includes a new feature that enables the users the "ability to remove thumbnails from the New Tab Page." Earlier, the option was accessible in default mode.