
Tata Comms to offload data centreOne of the world's largest carriers, Tata Communications, is looking to offload its data centre for around $500 million in a move to cut debt.The $3.2-billion company has started the process of selling the unit and hired Japanese bank Nomura to find prospective buyers, media reports indicate.Tata Comms' data centre unit reported $150 million in revenue and $40 million in operating profit last year, according to the company's 2014 financial report.The data centre has a presence across 44 locations in India and overseas.Its data centres in the US, the UK and Singapore offer managed hosting and storage services.A Tata Comms spokesperson said: “Tata Communications is highly tuned in to business growth opportunities. Accordingly, we continually look at new or different ways in which to use our experience, insights and customer proposition to benefit our customers and partners, as well as our company.”Wipro acquires Danish DesignitIndia's third-largest information technology services company Wipro has acquired Denmark-based global strategic design firm Designit.The deal by the firm's digital unit, Wipro Digital, has been valued at around $95 million.Rajan Kohli, head of Wipro Digital, said: “It is a huge step and a leap forward. Clients across industries are looking to us to help them transform their businesses. And solving these complex challenges starts with strategic design. And this design firm helps us take the lead in the digital space.”Designit was founded in 1991 in Aarhus and globally employs 300 people in its nine offices. It works with clients across healthcare, automotive and consumer goods industries to offer solutions in strategic design and innovation services, including product, service, and experience design.Infosys brings Finacle to US banksIndian software major Infosys will offer its flagship Finacle product to service US banks' Verizon cloud platforms.Michal Reh, Infosys vice-president, said: “Our financial services provide a single real-time view of customers, members, products and transactions. We help banks and credit unions to enhance operational efficiency, speed to market for new offerings and reduce time and cost of compliance.”Finacle's SaaS offering will empower financial institutions to deliver a multi-channel experience to customers, without much capital infusion and greater flexibility, the company said.US-based Verizon Communications operates the country's wireless network with 109 million retail connections nationwide. Its enterprise solutions arm helps clients improve performance and manage risk using multiple platforms over its secure mobility, cloud computing, and networking.