Sify Technologies Limited (formerly Satyam Infoway)[5] is an Indian information and communications technology company providing end-to-end ICT solutions including telecom services, data center services, cloud & managed services, transformation integration services and application integration services. Sify Technologies Limited played an important role during the early spread of Internet and e-commerce in India. It has been listed on NASDAQ as SIFY since October, 1999. Merrill Lynch was the underwriter for Sify's IPO on the NASDAQ.[6] Sify was founded and led to IPO by R. Ramaraj.
In November 1999, Sify paid ₹122.2 crore for a 24.5% stake in IndiaWorld Communications. It acquired the remaining shares for ₹325.4 crore on 30 June 2000.[6][7]
In 2000, Sify sponsored the India Olympics team.[8] In March 2002, Sify made an agreement with Makemytrip to run Sify's travel portal.[9] In January 2002, Sify announced prizes for most emails sent under a 6-week contest called "Sify Greenmail", promoting emails as an ecofriendly way of communication.[10]
Sify used to run the i-way chain of Internet cafes.[11] In 2002, Sify introduced wireless last mile connections with speeds up to 256 kbit/s.[12] By August 2003, it had over 1,000 i-Way cyber cafes in India.[13] In December 2003, Sify launched video-conferencing facilities in its Internet cafes.[14]
In November 2005, Satyam Computer Services sold its remaining 31.61% shares in Sify to Infinity Capital Ventures, which is owned by Raju Vegesna, for US$62.62 million.[16]
^ abAnurag K. Agarwal (2010). Business and Intellectual Property: Protect Your Ideas. Random House India. pp. 59–60. ISBN978-81-8400-167-9. Retrieved 24 July 2014.
^"Sify Technologies Company profile". Craft. Retrieved 26 September 2019.
^"Satyam Infoway changes name to Sify Ltd". Rediff.com. 7 January 2003. Retrieved 12 August 2018.
^ abRao, Sidharth (2019). How I Almost Blew it: Incredible Lessons from India's Most Successful Digital Entrepreneurs. Westland Publications Private Limited. pp. 268–269. ISBN9789388754378.
^"Sify takes IndiaWorld with revised settlement". Business Line. 3 July 2000. Retrieved 24 July 2014.
^"Satyam sponsors Olympic team". The Tribune. 26 August 2000. Retrieved 24 July 2014.
^"Makemytrip allies with Coke, Maruti, Sify – Travel portal targets 300% growth". Business Line. 28 March 2001. Retrieved 24 July 2014.
^"Help plant more trees through 'Sify Greenmail'". The Tribune. 19 January 2002. Retrieved 24 July 2014.
^. The Telegraph (India). 26 May 2004. Archived from the original on 29 July 2014. Retrieved 24 July 2014.
^. The Hindu. 11 April 2002. Archived from the original on 30 July 2003. Retrieved 24 July 2014.
^"Cyber café opened at IGI airport". The Hindu. 20 August 2003. Archived from the original on 5 August 2014. Retrieved 24 July 2014.
^"Sify launches video-conferencing". The Tribune. 10 December 2003. Retrieved 24 July 2014.
^. The Hindu. 2 May 2005. Archived from the original on 19 August 2006. Retrieved 24 July 2014.
^"Satyam sells Sify to Silicon Valley's Raju Vegesna". DNA India. 10 November 2005. Retrieved 24 July 2014.
External links
Official website
April 21, 2023
sify, this, article, contains, content, that, written, like, advertisement, please, help, improve, removing, promotional, content, inappropriate, external, links, adding, encyclopedic, content, written, from, neutral, point, view, march, 2020, learn, when, rem. This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view March 2020 Learn how and when to remove this template message Sify Technologies Limited formerly Satyam Infoway 5 is an Indian information and communications technology company providing end to end ICT solutions including telecom services data center services cloud amp managed services transformation integration services and application integration services Sify Technologies Limited played an important role during the early spread of Internet and e commerce in India It has been listed on NASDAQ as SIFY since October 1999 Merrill Lynch was the underwriter for Sify s IPO on the NASDAQ 6 Sify was founded and led to IPO by R Ramaraj sify Technologies LimitedTypePublic companyTraded asNasdaq SIFYFWB SIFYIndustryInternetGenreInformation and communications technologyFounded12 December 1995 27 years ago 1995 12 12 1 2 FounderR RamarajHeadquartersTharamani Chennai Tamil Nadu IndiaArea servedIndiaUnited States of AmericaUnited KingdomSingaporeDubai 2 Key peopleKamal Nath CEO Raju Vegesna Chairman amp managing director Vijay Kumar CFO ProductsCorporate networkInternet accessOnline portale commercee learning software 2 Revenue 2 507 crore US 310 million to March 2018 3 Number of employees2 655 4 Websitesifycorp wbr com Contents 1 History 2 See also 3 References 4 External linksHistory EditIn November 1999 Sify paid 122 2 crore for a 24 5 stake in IndiaWorld Communications It acquired the remaining shares for 325 4 crore on 30 June 2000 6 7 In 2000 Sify sponsored the India Olympics team 8 In March 2002 Sify made an agreement with Makemytrip to run Sify s travel portal 9 In January 2002 Sify announced prizes for most emails sent under a 6 week contest called Sify Greenmail promoting emails as an ecofriendly way of communication 10 Sify used to run the i way chain of Internet cafes 11 In 2002 Sify introduced wireless last mile connections with speeds up to 256 kbit s 12 By August 2003 it had over 1 000 i Way cyber cafes in India 13 In December 2003 Sify launched video conferencing facilities in its Internet cafes 14 In 2004 Sify with Level Up Games launched a MMORPG 15 In June 2004 the Supreme Court of India set a legal precedent regarding domain names in the Satyam Infoway Ltd v Sifynet Solutions Pvt Ltd lawsuit 1 In November 2005 Satyam Computer Services sold its remaining 31 61 shares in Sify to Infinity Capital Ventures which is owned by Raju Vegesna for US 62 62 million 16 See also EditSatyam Infoway Ltd v Sifynet Solutions Pvt Ltd Mahindra SatyamReferences Edit a b Anurag K Agarwal 2010 Business and Intellectual Property Protect Your Ideas Random House India pp 59 60 ISBN 978 81 8400 167 9 Retrieved 24 July 2014 a b c Sify Technologies Ltd ADS The Wall Street Journal Retrieved 24 July 2014 Sify registers 41 growth in Jan Mar qtr Sify Technologies Company profile Craft Retrieved 26 September 2019 Satyam Infoway changes name to Sify Ltd Rediff com 7 January 2003 Retrieved 12 August 2018 a b Rao Sidharth 2019 How I Almost Blew it Incredible Lessons from India s Most Successful Digital Entrepreneurs Westland Publications Private Limited pp 268 269 ISBN 9789388754378 Sify takes IndiaWorld with revised settlement Business Line 3 July 2000 Retrieved 24 July 2014 Satyam sponsors Olympic team The Tribune 26 August 2000 Retrieved 24 July 2014 Makemytrip allies with Coke Maruti Sify Travel portal targets 300 growth Business Line 28 March 2001 Retrieved 24 July 2014 Help plant more trees through Sify Greenmail The Tribune 19 January 2002 Retrieved 24 July 2014 New entrant in Internet service BSNL to introduce broadband network in city The Telegraph India 26 May 2004 Archived from the original on 29 July 2014 Retrieved 24 July 2014 Last mile connection goes wireless The Hindu 11 April 2002 Archived from the original on 30 July 2003 Retrieved 24 July 2014 Cyber cafe opened at IGI airport The Hindu 20 August 2003 Archived from the original on 5 August 2014 Retrieved 24 July 2014 Sify launches video conferencing The Tribune 10 December 2003 Retrieved 24 July 2014 PC games becoming more popular in Chennai The Hindu 2 May 2005 Archived from the original on 19 August 2006 Retrieved 24 July 2014 Satyam sells Sify to Silicon Valley s Raju Vegesna DNA India 10 November 2005 Retrieved 24 July 2014 External links EditOfficial website Retrieved from https en wikipedia org w index php title Sify amp oldid 1139575993, wikipedia, wiki, book, books, library,
