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The companies said they would jointly buy infrastructure and equipment for customers and develop wireless service platforms and services for multinational companies.
The companies said they would jointly buy infrastructure and equipment for customers and develop wireless service platforms and services to multinational companies.
Institutional investors denounced Mr. Raju for seeking to buy infrastructure and real estate companies that were far afield from technology outsourcing.
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When times were good, investment banks and private investment funds raised billions of dollars in hopes of buying infrastructure.
In the deals, corporations bought infrastructure like subways and bridges from municipal authorities and then leased them back to the authorities.
The company, which buys infrastructure assets and puts them into funds that it then manages, blamed short-sellers for its woes.Second biteApple unveiled an upgrade of the iPhone, complete with faster internet access and location-tracking technology.
They also bought Infrastructure as a Service provider SoftLayer last year, then invested big money in building a network of data centers around the world.
With both Mesagraph and SecondSync, Twitter is buying infrastructure: instead of building out more relationships in Europe, these two startups have them in place already.
In the press release, Tippr mentions that it is buying DealPop primarily to gain an "experienced sales force with national reach and a technical team with deep expertise in group buying infrastructure technology".
A recession is an excellent time to buy needed infrastructure, he said, because the economy is under-utilized, and the spending served an economic purpose of creating activity.
Shares of Satyam, which is listed on the New York Stock Exchange, have plummeted by about 40percentt since a botched effort two weeks ago to buy two infrastructure companies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com