Facebook and Google purchased two India-based technology start-up companies

Facebook and Google purchased two India-based technology start-up companies 歌词

歌曲 Facebook and Google purchased two India-based technology start-up companies
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[00:00.00] From VOA Learning English,
[00:02.96] this is the Technology Report.
[00:06.47] Two large Internet companies Facebook and Google
[00:11.78] recently purchased two India-based technology start-up companies.
[00:18.15] India is home to tens of thousands of computer software engineers
[00:23.56] and a growing information technology industry.
[00:27.74] The sales of the start-up companies
[00:30.42] are expected to influence others
[00:32.70] to launch businesses in the country.
[00:35.66] Facebook closed its deal to buy Little Eye Labs in early January.
[00:42.62] Four engineers in Bangalore launched Little Eye Labs
[00:47.72] about a year and a half ago.
[00:50.19] The company builds mobile application software tools,
[00:55.55] the deal is set to be worth between 10 and 15 million dollars.
[01:01.90] It is the first time Facebook has purchased an Indian start-up company.
[01:08.66] Google bought the cyber security company Imperium.
[01:14.73] Imperium has offices in Bangalore and California.
[01:19.75] Media reports set the value of the deal at about $9 million.
[01:26.84] The two deals are considered small but important.
[01:32.43] Experts say they will help increase interest in Indian start-ups
[01:37.88] among phone technology companies,
[01:40.47] such businesses often buy small companies
[01:44.79] either for the technology they develop or the ability of their creators.
[01:51.09] Rutvik Doshi is with Inventus Capital Partners,
[01:55.96] an investment company in Bangalore.
[01:59.28] "Till date none of these large U.S. companies
[02:03.08] had ever acquired anything in India to write home about.
[02:07.15] If they both turn out to be successful for these respective companies,
[02:11.31] they will start looking at India more seriously,
[02:14.80] in terms of there is more talent, there is more technology,
[02:17.34] and entrepreneurship happening here,” said Doshi.
[02:19.50] Indian software engineers have gained recognition around the world.
[02:25.31] Most of the engineers work for big Indian technology companies,
[02:31.06] but the number of Indian technology start-up companies is on the rise.
[02:36.32] Rising money for the start ups is not always easy.
[02:41.41] Rajesh Sawhney help to create a company called GSF Accelerator,
[02:47.98] it provided financial support for Little Eye Labs.
[02:52.97] Mr Sawhney says most of the start-ups in India
[02:56.76] have worked on developing products for the home market.
[03:01.21] But he says the recent deals with Facebook and Google
[03:06.10] will lead investors and business people to widen their efforts.
[03:12.58] "The time now is to encourage these start ups
[03:14.46]to start thinking global and that is what [the] internet allows today.
[03:18.40] We need to encourage our bright,
[03:20.79] young talent in India to start building products for world markets
[03:24.86] like Israelis have done or like U.S. start-ups do,” said Sawhney.
[03:26.94] Bangalore’s successful technology services and outsourcing industry
[03:32.97] mostly does back office work for Western companies.
[03:37.67] But this work has put India on the technology map, the success
[03:43.85] that the industry has created will help open the door to future growth.
[03:49.97] And that is the Technology Report from VOA Learning English.
[03:56.36] I'm June Simms.
[00:00.00] From VOA Learning English,
[00:02.96] this is the Technology Report.
[00:06.47] Two large Internet companies Facebook and Google
[00:11.78] recently purchased two Indiabased technology startup companies.
[00:18.15] India is home to tens of thousands of computer software engineers
[00:23.56] and a growing information technology industry.
[00:27.74] The sales of the startup companies
[00:30.42] are expected to influence others
[00:32.70] to launch businesses in the country.
[00:35.66] Facebook closed its deal to buy Little Eye Labs in early January.
[00:42.62] Four engineers in Bangalore launched Little Eye Labs
[00:47.72] about a year and a half ago.
[00:50.19] The company builds mobile application software tools,
[00:55.55] the deal is set to be worth between 10 and 15 million dollars.
[01:01.90] It is the first time Facebook has purchased an Indian startup company.
[01:08.66] Google bought the cyber security company Imperium.
[01:14.73] Imperium has offices in Bangalore and California.
[01:19.75] Media reports set the value of the deal at about 9 million.
[01:26.84] The two deals are considered small but important.
[01:32.43] Experts say they will help increase interest in Indian startups
[01:37.88] among phone technology companies,
[01:40.47] such businesses often buy small companies
[01:44.79] either for the technology they develop or the ability of their creators.
[01:51.09] Rutvik Doshi is with Inventus Capital Partners,
[01:55.96] an investment company in Bangalore.
[01:59.28] " Till date none of these large U. S. companies
[02:03.08] had ever acquired anything in India to write home about.
[02:07.15] If they both turn out to be successful for these respective companies,
[02:11.31] they will start looking at India more seriously,
[02:14.80] in terms of there is more talent, there is more technology,
[02:17.34] and entrepreneurship happening here," said Doshi.
[02:19.50] Indian software engineers have gained recognition around the world.
[02:25.31] Most of the engineers work for big Indian technology companies,
[02:31.06] but the number of Indian technology startup companies is on the rise.
[02:36.32] Rising money for the start ups is not always easy.
[02:41.41] Rajesh Sawhney help to create a company called GSF Accelerator,
[02:47.98] it provided financial support for Little Eye Labs.
[02:52.97] Mr Sawhney says most of the startups in India
[02:56.76] have worked on developing products for the home market.
[03:01.21] But he says the recent deals with Facebook and Google
[03:06.10] will lead investors and business people to widen their efforts.
[03:12.58] " The time now is to encourage these start ups
[03:14.46]to start thinking global and that is what [the] internet allows today.
[03:18.40] We need to encourage our bright,
[03:20.79] young talent in India to start building products for world markets
[03:24.86] like Israelis have done or like U. S. startups do," said Sawhney.
[03:26.94] Bangalore' s successful technology services and outsourcing industry
[03:32.97] mostly does back office work for Western companies.
[03:37.67] But this work has put India on the technology map, the success
[03:43.85] that the industry has created will help open the door to future growth.
[03:49.97] And that is the Technology Report from VOA Learning English.
[03:56.36] I' m June Simms.
[00:00.00] From VOA Learning English,
[00:02.96] this is the Technology Report.
[00:06.47] Two large Internet companies Facebook and Google
[00:11.78] recently purchased two Indiabased technology startup companies.
[00:18.15] India is home to tens of thousands of computer software engineers
[00:23.56] and a growing information technology industry.
[00:27.74] The sales of the startup companies
[00:30.42] are expected to influence others
[00:32.70] to launch businesses in the country.
[00:35.66] Facebook closed its deal to buy Little Eye Labs in early January.
[00:42.62] Four engineers in Bangalore launched Little Eye Labs
[00:47.72] about a year and a half ago.
[00:50.19] The company builds mobile application software tools,
[00:55.55] the deal is set to be worth between 10 and 15 million dollars.
[01:01.90] It is the first time Facebook has purchased an Indian startup company.
[01:08.66] Google bought the cyber security company Imperium.
[01:14.73] Imperium has offices in Bangalore and California.
[01:19.75] Media reports set the value of the deal at about 9 million.
[01:26.84] The two deals are considered small but important.
[01:32.43] Experts say they will help increase interest in Indian startups
[01:37.88] among phone technology companies,
[01:40.47] such businesses often buy small companies
[01:44.79] either for the technology they develop or the ability of their creators.
[01:51.09] Rutvik Doshi is with Inventus Capital Partners,
[01:55.96] an investment company in Bangalore.
[01:59.28] " Till date none of these large U. S. companies
[02:03.08] had ever acquired anything in India to write home about.
[02:07.15] If they both turn out to be successful for these respective companies,
[02:11.31] they will start looking at India more seriously,
[02:14.80] in terms of there is more talent, there is more technology,
[02:17.34] and entrepreneurship happening here," said Doshi.
[02:19.50] Indian software engineers have gained recognition around the world.
[02:25.31] Most of the engineers work for big Indian technology companies,
[02:31.06] but the number of Indian technology startup companies is on the rise.
[02:36.32] Rising money for the start ups is not always easy.
[02:41.41] Rajesh Sawhney help to create a company called GSF Accelerator,
[02:47.98] it provided financial support for Little Eye Labs.
[02:52.97] Mr Sawhney says most of the startups in India
[02:56.76] have worked on developing products for the home market.
[03:01.21] But he says the recent deals with Facebook and Google
[03:06.10] will lead investors and business people to widen their efforts.
[03:12.58] " The time now is to encourage these start ups
[03:14.46]to start thinking global and that is what [the] internet allows today.
[03:18.40] We need to encourage our bright,
[03:20.79] young talent in India to start building products for world markets
[03:24.86] like Israelis have done or like U. S. startups do," said Sawhney.
[03:26.94] Bangalore' s successful technology services and outsourcing industry
[03:32.97] mostly does back office work for Western companies.
[03:37.67] But this work has put India on the technology map, the success
[03:43.85] that the industry has created will help open the door to future growth.
[03:49.97] And that is the Technology Report from VOA Learning English.
[03:56.36] I' m June Simms.
Facebook and Google purchased two India-based technology start-up companies 歌词
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