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. |