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Wednesday, February 21, 2001

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GE Medical's JV with Citadel

CHENNAI: GE Medical Systems, a global leader in medical information and technology, announced its joint venture with Citadel Health of Hyderabad for a state-of-the-art hospital information system. The new JV, GE Medical Systems Information Technologies Private Limited will be based in Hyderabad. The software covers all aspects of management and operations of a modern hospital. It is designed to help achieve best clinical outcomes, optimal financial performance and enhance patient care., according to a release.

eTec Ventures to buy stake in Mistral Soft.

CHENNAI: eTec Ventures LLC has invested around $3 million in Mistral Software to acquire a significant minority stake in the company, according to a company release. ETech Ventures LLC, a Mauritius domiciled limited liability company established in 2000 raised $27 million to make equity and equity-related investments in the technology, entertainment and communications sectors in India. The fund is sponsored by International Equity Partners, LP, a Washington DC-area venture capital firm. Indian Direct Equity Advisors Private Limited is the exclusive advisor to eTech Ventures.

NIIT pact with Veriprise

NEW DELHI: Veriprise Wireless Corporation, a U.S. based wireless platform and solutions provider, has announced its alliance with NIIT to jointly offer mobile solutions. NIIT has recognised wireless technologies as a key growth area and is currently developing applications for those using wireless protocols.

Kaashyap Radiant launches MeetVirtual

CHENNAI: Kaashyap Radiant Systems, a joint venture with Radiant Systems of the U.S., has launched its e-learning company - MeetVirtual. The new entity is committed to designing, developing and deploying the best e-learning solutions available today. It will offer virtual training services which will have both live sessions as well as education on demand, says a company release. in pact with Compaq

CHENNAI:, a telemedicine company, has recently entered into a strategic alliance with Compaq Computers. The tie up will provide the medical community with a Single point source for setting up their IT infrastructure through Compaq's Cooldukaan Online store. Compaq will also partner in all its marketing efforts in the future, says a company release.

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