Pulse's 180 employees will become a part of Titan's information technology unit.
In San Francisco, Sara Garrison is senior vice president for network and open systems at Inovant, the information technology unit of Visa International.
The French comput-er services company Atos Origin agreed to purchase the information technology unit of Schlumberger for about 1.3 billion euros ($1.5 billion) in cash and stock.
BERLIN (AP) — The German industrial conglomerate, Siemens, said Thursday that it would cut 4,200 jobs worldwide at its information technology unit as it reorganizes the business.
Elsewhere in cyberspace, the financial services company Morgan Stanley Dean Witter seemed to tip its hand when its information technology unit bought the domain name chasemorganstanley.com -- perhaps telegraphing negotiations with Chase Manhattan Bank.
Northrop's Logicon information technology unit reported flat sales for the quarter, and revenue fell 16percentt in its military aircraft division, to $706 million, as a result of lower sales in the B-2 bomber program.
The chief financial officer of the information technology unit, Manish Dugar, said the company, which is also listed in New York, was seeing increased demand from clients in the United States and Europe — its two biggest sales markets.
Siemens said it planned to make additional investments of more than 500 million euros ($688 million) in the business by 2012, and that the information technology unit's organization would be "considerably simpler" in future.
Wipro said the co-chief executives of the information technology unit, Girish Paranjpe and Suresh Vaswani, would resign effective Jan . 31and be succeeded by a long-time employee, T. K. Kurien, to make the organization structure simpler.
Infosys Technologies shed 2.1%, to 1204.65 rupees ($24.45), after reports emerged that the outsourcing giant is competing with IBM to buy Fidelity Investments' Indian information technology unit.
