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
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