News On Demand 53

1.Infosys Technologies on Thursday announced its second acquisition in the BPO space. The company will acquire Atlanta-based McCamish Systems for $38.2 million (about Rs 180 crore).

Amitabh Chaudhry , CEO of Infosys BPO.

2.WagonR launches 'Think Big Challenge'

Think Big Challenge’ organised by WagonR, along with The Times of India.‘‘The WagonR Think Big Challenge is an activity which will bring out innovative business ideas.

3.HP buys 3Com in $3.1bn deal:

Hewlett-Packard is making a move into the network equipment market by striking a $3.1 billion deal for 3Com, in a major

challenge to Cisco Systems.By buying 3Com , HP will be competing with Cisco on a wider range of network equipment, including routers and switches.

>3Com also has a large presence in China and can help HP expand sales into one of the world's fastest-growing markets.