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:
“The history of every country begins in the heart of a man or a woman.”
—Willa Cather (1876–1947)
“The history of all hitherto existing society is the history of class struggles.”
—Karl Marx (1818–1883)
“Yet poetry, though the last and finest result, is a natural fruit. As naturally as the oak bears an acorn, and the vine a gourd, man bears a poem, either spoken or done. It is the chief and most memorable success, for history is but a prose narrative of poetic deeds.”
—Henry David Thoreau (1817–1862)