VARINDIA IT MAGAZINE

Infosys has roped in Salil S Parekh as its chief executive officer thus picking an outsider for the job for a second time and handing him the twin challenges of reviving growth and forging peace between its founders and board following a public spat. Parekh, who was earlier with Capgemini where he was a member of its group executive team, has been given a 5-year term effective Jan. 2. U.B. Pravin Rao who was serving as the interim CEO has been re-designated as chief operating officer from Jan. 2, Infosys said. "He (Parekh) has nearly three decades of global experience in the IT services industry," said Infosys Chairman Nandan Nilekani. "He has a strong track record of executing business turnarounds and managing very successful acquisitions. The board believes that he is the right person to lead Infosys at this transformative time in our industry.".... Read More

ARRIS International plc has finalised the completion of acquisition of the Ruckus Wireless and ICX Switch business from Broadcom Limited. Dan Rabinovitsj will lead Ruckus Networks at ARRIS. "I am proud to welcome the 1,700 talented Ruckus Wireless and ICX Switch Business employees into the ARRIS family," said Bruce McClelland, ARRIS CEO. "It's an important milestone, not only for ARRIS but for our industries. Ruckus' unmatched expertise in wireless and wired networking perfectly complements our growth strategy of driving towards a constantly connected, mobile future. The acquisition brings diversification to our portfolio, building on our strength in networking and helping us to serve new verticals. Ultimately, our combined portfolios and scale will help our customers and partners deliver a smart, simple connected world for billions of people." The deal strategically positions ARRIS for a new phase of growth by leveraging the companies' combine...