Archive for the ‘M&A’ Category

Symposium on Frugal Innovations in Hamburg

Thursday, October 3rd, 2013

“Mastering the Frugal Challenge: Innovating for Global Growth through Affordable Solutions”

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Date: Tuesday, 19.11.2013, 9:00 – 18:00 hours
Location: Guest House of the University of Hamburg,
Rothenbaumchaussee 34, D-20148 Hamburg, German
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Organizer: Center for Frugal Innovation at TIM/TUHH
Cooperation partners: German-Indian Round Table (GIRT), European Institute for Technology and Innovation Management (EITIM)
Download: Information & preliminary agenda (PDF), Registration form (PDF)
Website: www.frugal-innovation.net
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Center for Frugal Innovation @ TIM/TUHH

The inaugural symposium on frugal innovations organized by the newly-launched Center for Frugal Innovation at the Institute for Technology and Innovation Management (TIM) of Hamburg University of Technology (TUHH) intends to cover upcoming key questions on global growth in both emerging as well as developed markets through affordable and good-enough solutions.

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Veranstaltungsankündigung: Indien als Herausforderung für “Hidden Champions”

Saturday, August 17th, 2013

Sehr geehrte Damen und Herren,

in weniger als einem Monat findet zum fünften Mal die India Week Hamburg statt.  Im Zeitraum vom 07. bis zum 15. September wird eine Vielzahl höchst interessanter Veranstaltungen zu wirtschaftlichen und kulturellen Themen dieses faszinierenden Landes angeboten.

Mit diesem Schreiben laden wir Sie sehr herzlich zu einem Symposium zum Thema

Indien als Herausforderung für „Hidden Champions“:
Erfolgsfaktoren der Marktbearbeitung für deutsche Mittelständler

ein, welches der German-Indian Round Table (GIRT) Hamburg am 10. September in Kooperation mit dem Institut für Technologie- und Innovationsmanagement der TU Hamburg-Harburg (TIM/TUHH) und der Handelskammer Hamburg organisiert. Weitere Unterstützung erfahren wir durch das Indische Generalkonsulat in Hamburg sowie unseren Medienpartner „Indien Aktuell“.

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Infosys reportedly gave up China investment plans for IPR fears on clients’ side

Sunday, September 11th, 2011

According to a news item appearing the Economic Times (7th Sept. 2011) Indian IT major Infosys gave up its plans for increasing foreign direct investment (FDI) in China as its major customers in Europe and the USA had apprehessions about their data procession and/or software-related work being done in China owing to fears about the protection of intellectual property rights.

The report cites as source a US diplomatic cable which has been released by WikiLeaks. It also narrates an incidence, which N.R. Narayana Murthy, Co-founder of Infosys reportedly told US diplomats:

Murthy said he understood the misgivings of his clients and narrated his experience in China to show how rampant piracy was. Stepping out of his central Beijing hotel to go for a stroll with Peter Bonfield, then CEO of British Telecom, they encountered a sidewalk vendor selling pirated Microsoft and Windows products.

Bonfield jokingly asked the vendor if he had Finacle (an Infosys banking software product) and the vendor replied: “I can get it for you tomorrow.”

Murthy, was at the same time quite clear about China’s potential, its qualities, and HR problems that it faces, as is clear from the next section:

Murthy, however, was optimistic about the long-term potential of China. As per the cable, he stated: “There is nobody better than the Chinese at solving a problem once they are serious about it.” Murthy said it would take four to five years for the Chinese to overcome that reluctance.

There were other concerns for Infosys to expand in China. Murthy told the diplomats that though qualified graduates were available, those with sufficient English skills commanded a high premium. He said retention was more difficult in China than in India, as Chinese professionals are more willing to leave for a higher salary where Indian ones value institutions a bit more.

The whole report is available at: The Economic Times (11.09.2011)

“India, Germany may witness more deals over next two years – analysis”

Wednesday, May 25th, 2011

“Over the next two years, the deal flow between India and Germany, both inbound and outbound, is likely to increase manifold with the availability of distressed targets in Germany and the Indian government opening up such sectors as retail to foreigners, according to German and Indian bankers.”

This says a report in mergermarket, which is a part of the Financial Times Group. The report written by Sounak Mitra & Sarah Syed quotes several other studies and field experts to stress the points. The report also quotes the research carried out at Instituute for Technology and Innovation Management at Hamburg University of Technology (TUHH).

[…] According to Rajnish Tiwari, a research associate at the Institute for Technology and Innovation Management at Hamburg University of Technology, between March 2001 and March 2010, India’s outward foreign direct investment (FDI) stock increased to USD 77.6bn from USD 2.6bn. The stock of Indian FDI in Germany was estimated at about EUR 4.125bn as of mid-August 2010.

Some 12 FDI projects could be monitored between January 2009 and mid-August 2010 with an estimated volume of about USD 125m. Six projects were greenfield while others involved buys.

According to Tiwari’s data, there were 134 India-based multinational companies and their 190 subsidiaries active in Germany as of August 2010. Of the 134 companies, ICT and consulting comprised 49%, automotive and parts made up 14%, pharmaceuticals were 11%, manufacturing consisted of 10%, 4% textiles, 4% travel and logistics, 2% banking and finance, and 6% others.

The full article is available under:

http://www.mergermarket.com/editorial/article/1364/

India’s IT industry set sights on German-speaking countries in Europe

Thursday, May 20th, 2010

Nasscom bullish on Europe despite financial crisis

NASSCOM, the apex software industry association of India, believes Europe, and specifically Germanic countries, consisting of Germany, Austria, Switzerland, are still attractive markets despite the current financial crisis.
“Current European uncertainties are short-term in nature and we are confident that the European bloc, as a whole, will continue to be one of the largest markets for the Indian IT-BPO industry,” Nasscom president Som Mittal told ET. As the Indian IT industry looks to expand beyond its traditional markets of the US and the UK, Nasscom has identified Germanic countries as the third-largest market for IT services following the US and Japan.
The software industry body, along with consulting firm Pricewaterhouse-Coopers (PwC), has pegged the addressable market size for IT in Germanic countries at more than $53 billion. As against this, Indian IT firms earn less $2.6 billion from these countries.
Nasscom estimates business from the Germanic countries, the largest IT services market in Europe, has the potential to grow to $10 billion by 2020, but only provided Indian companies take the ‘strategic and tactical steps’ required to succeed in this market. The BPO market opportunity is estimated to be $4 billion and the offshored engineering services market $3.4 billion.
“While the US and the UK comprise 80% of exports, the future focus is to enter newer territories,” Mr Mittal said. The Germanic countries are big IT spenders, with Germany and Austria each spending about 2.5% of their GDP on IT, and Switzerland spending over 5% of its GDP.
“Long-term commitment and effective partnerships will emerge as the biggest deciding factor that will sway client contracts towards Indian companies in the region,” said Sankar Ramamurthy, executive director, PwC. Germanic countries are also recognising that they need technical manpower and access to talent, said Mr Mittal.
“About 80% of employment in these countries is in the SME (small and medium enterprises) sector. They have to invest in IT to become more competitive. Today these SMEs are also being serviced by SMEs in IT sector and neighbourhood IT firms,” pointed out Mr Mittal. The $46-billion Germanic IT services market faces shortage of science and technology graduates and cost pressures.

Source: Economic Times Mumbai; Date:2010 May 20; Section:Business & IT; Page Number 17