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Infosys buys US firm for $70 million

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Bengaluru: Global software major Infosys on Monday announced the acquisition of US-based Noha Consulting firm for $70 million (Rs.454 crore) in a cash deal.

The Houston-headquartered Noha provides information management consultancy services to the oil and gas industry.

“Noah helps upstream oil and gas firms plan, architect and deploy information solutions to unlock the value of their oil and gas assets. Its expertise in upstream oil and gas makes it a leader in driving strategic data management engagements,” the IT outsourcing major said in a statement here.

The buyout will position Infosys to offer end-to-end data management services to oil and gas companies globally.

The acquisition will leverage Noah’s industry knowledge, information strategy planning, data governance and architecture capabilities with Infosys’ ability to provide technology and outsourcing services on a global scale to oil and gas clients.

“The upstream oil and gas industry is facing challenges that demand faster and better ways of getting returns on investment. It requires information and data management strategy to allow firms to increase efficiencies from exploration to production,” Infosys global head for energy, communications and services Rajesh Murthy said.

“Though our oil and gas clients are adjusting to lower oil prices, there is an urgency to improve efficiency and effectiveness of their operations. This acquisition is part of our strategy to bring next-generation data analytics solutions to the oil and gas industry,” Infosys consulting vice president Sanjay Purohit said on the occasion.

Noting that both the firms would bring new capabilities to service their clients, Noha president John Ruddy said they would bring about transformational change in clients by using information management to integrate supply chain, safety, environmental and financial data with geosciences.

“We look forward to making a difference together,” Ruddy added.

The transaction will be completed by the end of third quarter (October-December) of 2015-16 fiscal.

(IANS)

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Echo Input- New Device by Amazon Now Available in India

The device adds to the Echo Dot, Echo, Echo Plus, Echo Spot and Echo Sub family of Amazon products

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Google , US, Alexa, Amazon, Drones, e-commerce
The logo of Amazon, online retailer is seen at the company logistics center in Lauwin-Planque, France. VOA

Amazon on Thursday announced the availability of its new device — Echo Input — that would enable users to add Alexa support to their existing speakers via an audio cable or Bluetooth, for Rs 2,999 in India.

The device features a four-microphone arrangement to allow users to talk to Alexa from across the room using the Alexa app that is available on both, iOS and Android, the company said in a statement.

Using the device, users would be able to add their speakers to a new or existing multi-room music group and adjust volume parameters using voice commands.

Amazon, online retailer, Drones
The Amazon warehouse in San Fernando de Henares is seen during a 3-day walkout to demand better wages and working conditions, on the outskirts of Madrid, Spain. VOA

“With Echo Input, we are giving users even more options to choose the best Echo device for their needs and adding it to your existing speakers is the easiest way to begin your voice-first experience with Alexa,” said Jayshree Gururaj, Director, Amazon Devices.

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The device adds to the Echo Dot, Echo, Echo Plus, Echo Spot and Echo Sub family of Amazon products.

The company also announced that in addition to Amazon Prime Music, Saavn and TuneIn, users can listen to music from Hungama and Gaana as well, which are now available on Alexa starting Thursday.  (IANS)