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Monday, January 28th, 2008

SunEdison Expands its Global Construction and Utility Expertise

PR – SunEdison, North America’s largest solar energy services provider, today announced that it has appointed two new senior executives to support its global solar energy services operations. Jubran Whalan, 36, has joined SunEdison as Senior Vice President of Business Development. Based in Beltsville, Whalan will oversee business development with utilities and sales of renewable

Thursday, January 3rd, 2008

AIG MF launches Infrastructure and Economic Reform Fund

PR – AIG Mutual Fund has launched AIG Infrastructure and Economic Reform Fund, an open – ended equity scheme. The scheme opens for subscription on Jan. 10, 2008 and closes on Jan. 31, 2008. The units of the scheme will be available at Rs 10 per unit during the New Fund Offer period. The scheme

Monday, December 24th, 2007

China’s first high speed train ready for shipment

PR – The first vehicles of the Velaro CN eight-car train, China’s first high speed train, have meanwhile been loaded on board a ship in Bremerhaven. In all, sixty such trains were ordered by Chinese Railways in 2006 from Siemens and its Chinese partner Tangshan Locomotive & Rolling Stock Works. Three of those sixty units

Thursday, November 1st, 2007

GeoStore Enables Site Surveys from the Desktop

PR – Infoterra Ltd, has launched its GeoStore® service to enable property developers to carry out initial and rapid site surveys from their desks. www.GeoStore.com goes beyond traditional aerial imagery and maps to offer a third dimension. As well as taking a birds eye view, developers can use GeoStore to add a terrain model to

Thursday, November 1st, 2007

SAP to Acquire Business Objects

SAP AG  and Business Objects S.A. announced that the companies have reached an agreement that will bring together two of the information technology industry’s leaders, resulting in an unmatched offering for Business Users, enabling timely and accurate decision-making. Under the terms and conditions of the tender offer agreement, SAP will make a cash offer of

Wednesday, October 31st, 2007

PTC To Acquire CoCreate For $250 Million

PR – PTC  today announced it has entered into a definitive agreement to acquire CoCreate Software GmbH, a provider of PLM and CAD modeling solutions for approximately $250 million. CoCreate, based in Sindelfingen, Germany, is privately held, has 280 employees and more than 5,000 customers globally including Agilent, Canon, Fisher Controls, Fujitsu, HP, Liebherr, Matsushita

Wednesday, October 31st, 2007

Amsterdam Shares Higher at Midday; TomTom Crashes on Garmin’s Tele Atlas Offer

CNN – Amsterdam shares were traded higher at midday, although TomTom crashed as rival Garmin announced an intended 24.50 eur-per-share offer for Tele Atlas. At 12.21 pm, the AEX was up 1.03 points or 0.19 pct higher at 546.28. Government bonds traded lower. TomTom provided the story of the day, falling 14.58 pct to 57.90

Wednesday, October 31st, 2007

REL to Transfer Infrastructure Projects to Separate Arm

PR – The Reliance Energy (REL) board on Tuesday approved a proposal to transfer its infrastructure projects to a separate wholly-owned subsidiary. REL’s infrastructure portfolio consists of roads, bridges, metro rail and real estate projects. The assets transferring will be subject to regulatory approvals, REL said in a statement. Soure: Economic Times

Tuesday, October 30th, 2007

Infotech Enterprises Opens Tech Development Centre in Bangalore

Hyderabad-based IT services firm Infotech Enterprises opened its 1,500-seat development centre in Bangalore. With a built-up area of 240,000 sq ft, the Rs 400 million facility would house Infotech’s engineering design services and is the fourth facility in the country – the other three being in Hyderabad.

Tuesday, October 30th, 2007

Trimble VRS Now Service Launched in Ireland for High-Precision GPS Positioning

PR – Trimble announced the launch of Trimble(R) VRS Now(TM) Service in Ireland. The commercial service provides surveyors, civil engineers and geospatial professionals with instant access to real-time kinematic (RTK) Global Positioning System (GPS) corrections without the need for a base station. Using data from Ordnance Survey Ireland (OSi) and Ordnance Survey of Northern Ireland (OSNI),