US chip maker to set up lab in Bhubaneswar (Business Capsule-Two)

September 18th, 2009 - 8:39 pm ICT by IANS  

Bangalore, Sep 18 (IANS) Leading chip maker Cypress Semiconductor Corp entered into a partnership with the Bhubaneswar Institute of Technology to set up a programmable System on Chip (SoC) laboratory at Bhubaneswar in Orissa, the company said here Friday.
As part of the agreement, signed at Cypress headquarters’ at San Jose in California by Bhubaneswar institute’s Rabi Mahapatra and Cypress University Alliance director Patrick Kane, the chip maker will provide training to the faculty and students of the Bhubaneswar institute, with free hardware kits and software tools, the company said.

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Alcatel-Lucent offers new IP network

Bangalore: Alcatel-Lucent introduced its latest Internet Protocol (IP) as optical backbone network solution to handle multimedia traffic, driven by explosive growth of video and other broadband-intensive applications, the global telecom equipment major said Friday.

With internet video traffic increasing dramatically, demand is increasing for dynamic IP-based services such as business data applications, tele-medicine, video surveillance, collaborative business applications, remote storage and back-up and data centre protection, the company said in a statement here.

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3C Company opens new township

New Delhi: The 3C Company, pioneer of green building development, Friday announced the launch its new township, “Lotus Boulevard Espacia”.

The township is part of India’s largest green residential estate in Noida, the company said.

Strategically located in Sector 100 of Noida, Espacia will also be equipped with energy efficient mechanical and electrical equipment to take maximum advantage of natural resources, the company said.

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Glenmark’s drug gets US approval

Chennai: Glenmark Generics Ltd’s (GGL) US subsidiary has received ANDA approval from the US Food and Drug Administration (USFDA) for Verapamil 240mg Extended Release tablets.

The company Friday said it would immediately commence marketing and distribution in the US market.

Verapamil SR tablets are prescribed to manage essential hypertension.

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Now, making tiny tots ’school-ready’

Chennai: City-based Everonn Education, an education and training company via satellite communication, is foraying into the pre-school segment, with the launch of the Kinderstand brand.

The purpose of the move is to partner parents in helping children make the smooth transition from an informal learning environment to a formal education system, to enable a child to become “school-ready”.

The company will inaugurate 200 pre-schools in the first phase as part of the recently launched Educating India campaign, said P. Kishore, founder and managing director.

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