MphasiS, the Indian services subsidiary of Hewlett-Packard (HP), said on Wednesday that it reached a definitive agreement to acquire AIG Systems Solutions Pvt. Ltd. (AIGSS), the IT services arm in India of insurer American International Group (AIG).
Australian Business software and services company ComOps has won a contract with construction giant Watpac to deploy its safety and risk management software across Watpac's operations in the next three months.
A new report by Gartner showing that software spending will increase worldwide next year indicates there may be truth to the general belief that the technology market has hit bottom.
IT vendors and tech industry groups say a new set of legal principles for software contracts developed by the American Law Institute (ALI) could stifle innovation and raise the cost of software, even though they are meant to protect consumers.