The owners of a New Jersey-based computer consulting company that had a $450 million subcontract with New York City have fled to their native India, leaving 200 employees out of work and an SAIC employee under arrest, the New York Daily News reports.
The Internet-calling service Skype Technologies, which is being bought by Microsoft Corp., is firing senior executives, a move that reduces the value of their payout, Bloomberg News reports.
Science Applications International Corp. has completed the sale of its operations focused on providing specialized IT services to oil and gas companies to Wipro Ltd., of India.
Several major U.S. technology giants are looking at Egypt as an IT outsourcing destination, pledging training and other support, including a $10 million investment.
MCR LLC, a provider of program management services to the federal government and allied nations, has been awarded a three-year NATO contract worth an estimated $8.8 million for program management and acquisition support services.
The celebration around Osama bin Laden's death should be used for some long-term benefits, like getting Republicans and Democrats to work together, writes Editor Nick Wakeman.
ICF International Inc. will continue to support the global energy program of the U.S. Agency for International Development under a five-year grant contract that has a maximum value of $10 million.
Lee Technologies Inc. has been acquired by Schneider Electric, a French energy management company. The financial terms of the acquisition were not reported.
CSC has acquired all outstanding equity of iSoft Group Limited of Australia and has sold its AdvanceMed business to NCI, a Reston, Va., provider of IT, data mining and data analytical tools.
Science Applications International Corp. will become a more narrowly focused company once it completes the sale of its specialized oil and gas industry IT services to Wipro Ltd. of Britain, the company announced today.
