“Indian firm Infotech has acquired US-based Wellsco, a telecom engineering Services Company for an all cash deal with an annual run rate of the company touching $12 million.”
How do you position your new ski travel website? By saying you are “correcting” Google Maps inaccuracies. That’s what SnowTrax is doing. It offers “real proximity to the mountain.”
On Nov 11 TomTom announced that it is increasing its stake in its Indian joint venture from 60% to 90%. This step underlines TomTom’s commitment to strengthening its presence in India. The company will be renamed TomTom India Ltd.
“Infotech Enterprises Ltd has announced with respect to the wider rebranding and positioning exercise of the whole Company, and to firmly position Infotech Enterprises Limited as a leading global engineering services Company, UTG as a vertical name and identity for our geospatial, data and network group will cease to exist. Instead, UTG will become the “Network and Content Engineering” Division within Infotech - “N&CE” for short. “
Aditya Palande, the former Director of Engineering at Google has joined Loopt.
- Coated
“Business Insider is reporting that Facebook was able to nab Nathan Folkman [top Foursquare enginneer], who has been with the thriving location-based social networking site since its early days. “
