History
In 1959, Hollerith Limited took over the Indian business of Powers-Samas Accounting Machines Ltd., London. On 1 October 1959, the name of the company was changed to International Computers and Tabulators Limited and the new trade mark ‘I.C.T.’ was used in relation to the company’s products. In October 1996, ICIL purchased the Software Business from ICIM. On 14 January 2000, the name of ICIL was changed to Zensar Technologies Limited.
On 16 August 2001 Zensar Technologies Limited merged with Fujitsu ICIM Limited to form the new company, Zensar Technologies Limited.
Recently Fujitsu's stake in Zensar has been purchased by RPG group as Fujitsu Services is planning to come to the Indian market by itself.
On 16 November 2010 Zensar Technologies acquired US-based infrastructure management company PSI Holding, which operates under the name Akibia, in an all cash deal of $66 million.
Read more about this topic: Zensar Technologies
Famous quotes containing the word history:
“It would be naive to think that peace and justice can be achieved easily. No set of rules or study of history will automatically resolve the problems.... However, with faith and perseverance,... complex problems in the past have been resolved in our search for justice and peace. They can be resolved in the future, provided, of course, that we can think of five new ways to measure the height of a tall building by using a barometer.”
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“He wrote in prison, not a History of the World, like Raleigh, but an American book which I think will live longer than that. I do not know of such words, uttered under such circumstances, and so copiously withal, in Roman or English or any history.”
—Henry David Thoreau (1817–1862)