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| genre = [[Information and communications technology]]
| genre = [[Information and communications technology]]
| founded = {{Start date and age|df=y|1995|12|12}}<ref name="Agarwal2010"/><ref name=wsj>{{cite web|title=Sify Technologies Ltd. ADS|url=http://quotes.wsj.com/SIFY/company-people|access-date=24 July 2014|website=[[The Wall Street Journal]]}}</ref>
| founded = {{Start date and age|df=y|1995|12|12}}<ref name="Agarwal2010"/><ref name=wsj>{{cite web|title=Sify Technologies Ltd. ADS|url=http://quotes.wsj.com/SIFY/company-people|access-date=24 July 2014|website=[[The Wall Street Journal]]}}</ref>
| founder = R. Ramaraj
| founder = [[R. Ramaraj]]
| location_city = [[Tharamani]], [[Chennai]], Tamil Nadu
| location_city = [[Tharamani]], [[Chennai]], Tamil Nadu
| location_country = [[India]]
| location_country = [[India]]
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}}
}}


'''Sify Technologies Limited''' (formerly '''Satyam Infoway''')<ref>{{Cite web|url=http://www.rediff.com/money/2003/jan/07sify.htm|title=Satyam Infoway changes name to Sify Ltd|publisher=Rediff.com|access-date=12 August 2018}}</ref> 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 (company)|Merill Lynch]] was the underwriter for Sify's IPO on the NASDAQ.<ref name="sidharthrao">{{Cite book|last=Rao|first=Sidharth|title=How I Almost Blew it: Incredible Lessons from India's Most Successful Digital Entrepreneurs|publisher=Westland Publications Private Limited|year=2019|isbn=9789388754378|pages=268–269}}</ref> Sify was founded and led to IPO by R. Ramaraj.
'''Sify Technologies Limited''' (formerly '''Satyam Infoway''')<ref>{{Cite web|url=http://www.rediff.com/money/2003/jan/07sify.htm|title=Satyam Infoway changes name to Sify Ltd|publisher=Rediff.com|access-date=12 August 2018}}</ref> 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 (company)|Merill Lynch]] was the underwriter for Sify's IPO on the NASDAQ.<ref name="sidharthrao">{{Cite book|last=Rao|first=Sidharth|title=How I Almost Blew it: Incredible Lessons from India's Most Successful Digital Entrepreneurs|publisher=Westland Publications Private Limited|year=2019|isbn=9789388754378|pages=268–269}}</ref> Sify was founded and led to IPO by [[R. Ramaraj]].


==History==
==History==
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In 2000, Sify sponsored the India Olympics team.<ref name=olympic>{{cite news|title=Satyam sponsors Olympic team|url=http://www.tribuneindia.com/2000/20000827/biz.htm#6|access-date=24 July 2014|work=[[The Tribune]]|date=26 August 2000}}</ref> In March 2002, Sify made an agreement with [[Makemytrip]] to run Sify's travel portal.<ref name=makemytrip>{{cite news|title=Makemytrip allies with Coke, Maruti, Sify – Travel portal targets 300% growth|url=http://hindu.com/businessline/catalyst/2001/03/28/stories/1928d051.htm|access-date=24 July 2014|work=[[Business Line]]|date=28 March 2001}}</ref> 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.<ref name=greenmail>{{cite news|title=Help plant more trees through ‘Sify Greenmail’|url=http://www.tribuneindia.com/2002/20020119/cth1.htm#18|access-date=24 July 2014|work=[[The Tribune]]|date=19 January 2002}}</ref>
In 2000, Sify sponsored the India Olympics team.<ref name=olympic>{{cite news|title=Satyam sponsors Olympic team|url=http://www.tribuneindia.com/2000/20000827/biz.htm#6|access-date=24 July 2014|work=[[The Tribune]]|date=26 August 2000}}</ref> In March 2002, Sify made an agreement with [[Makemytrip]] to run Sify's travel portal.<ref name=makemytrip>{{cite news|title=Makemytrip allies with Coke, Maruti, Sify – Travel portal targets 300% growth|url=http://hindu.com/businessline/catalyst/2001/03/28/stories/1928d051.htm|access-date=24 July 2014|work=[[Business Line]]|date=28 March 2001}}</ref> 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.<ref name=greenmail>{{cite news|title=Help plant more trees through ‘Sify Greenmail’|url=http://www.tribuneindia.com/2002/20020119/cth1.htm#18|access-date=24 July 2014|work=[[The Tribune]]|date=19 January 2002}}</ref>


Sify used to run the i-way chain of [[Internet cafes]].<ref name=i-way>{{cite news|title=New entrant in Internet service – BSNL to introduce broadband network in city|url=http://www.telegraphindia.com/1040526/asp/guwahati/story_3291881.asp|date=26 May 2004|access-date=24 July 2014|work=[[The Telegraph (India)]]}}</ref> In 2002, Sify introduced wireless [[last mile]] connections with speeds up to 256 [[kilobit per second|kbps]].<ref name=wireless>{{cite news|title=Last mile connection goes wireless|url=http://www.hindu.com/thehindu/seta/2002/04/11/stories/2002041100030300.htm|archive-url=https://web.archive.org/web/20030730190505/http://www.hindu.com/thehindu/seta/2002/04/11/stories/2002041100030300.htm|url-status=dead|archive-date=30 July 2003|access-date=24 July 2014|work=[[The Hindu]]|date=11 April 2002}}</ref> By August 2003, it had over 1,000 i-Way cyber cafes in India.<ref name=IGI>{{cite news|title=Cyber café opened at IGI airport|url=http://www.hindu.com/2003/08/20/stories/2003082007680400.htm|archive-url=https://archive.today/20140805001015/http://www.hindu.com/2003/08/20/stories/2003082007680400.htm|url-status=dead|archive-date=5 August 2014|access-date=24 July 2014|work=[[The Hindu]]|date=20 August 2003}}</ref> In December 2003, Sify launched video-conferencing facilities in its Internet cafes.<ref name=iMeet>{{cite news|title=Sify launches video-conferencing|url=http://www.tribuneindia.com/2003/20031210/cth2.htm#9|access-date=24 July 2014|work=[[The Tribune]]|date=10 December 2003}}</ref>
Sify used to run the i-way chain of [[Internet cafes]].<ref name=i-way>{{cite news|title=New entrant in Internet service – BSNL to introduce broadband network in city|url=http://www.telegraphindia.com/1040526/asp/guwahati/story_3291881.asp|date=26 May 2004|access-date=24 July 2014|work=[[The Telegraph (India)]]}}</ref> In 2002, Sify introduced wireless [[Last mile (telecommunications)|last mile]] connections with speeds up to 256 [[kilobit per second|kbps]].<ref name=wireless>{{cite news|title=Last mile connection goes wireless|url=http://www.hindu.com/thehindu/seta/2002/04/11/stories/2002041100030300.htm|archive-url=https://web.archive.org/web/20030730190505/http://www.hindu.com/thehindu/seta/2002/04/11/stories/2002041100030300.htm|url-status=dead|archive-date=30 July 2003|access-date=24 July 2014|work=[[The Hindu]]|date=11 April 2002}}</ref> By August 2003, it had over 1,000 i-Way cyber cafes in India.<ref name=IGI>{{cite news|title=Cyber café opened at IGI airport|url=http://www.hindu.com/2003/08/20/stories/2003082007680400.htm|archive-url=https://archive.today/20140805001015/http://www.hindu.com/2003/08/20/stories/2003082007680400.htm|url-status=dead|archive-date=5 August 2014|access-date=24 July 2014|work=[[The Hindu]]|date=20 August 2003}}</ref> In December 2003, Sify launched video-conferencing facilities in its Internet cafes.<ref name=iMeet>{{cite news|title=Sify launches video-conferencing|url=http://www.tribuneindia.com/2003/20031210/cth2.htm#9|access-date=24 July 2014|work=[[The Tribune]]|date=10 December 2003}}</ref>


In 2004, Sify, with Level Up Games, launched a [[MMORPG]].<ref name=MMORPG>{{cite news|title=PC games becoming more popular in Chennai|url=http://www.hindu.com/lf/2005/05/02/stories/2005050212290200.htm|archive-url=https://web.archive.org/web/20060819090952/http://www.hindu.com/lf/2005/05/02/stories/2005050212290200.htm|url-status=dead|archive-date=19 August 2006|access-date=24 July 2014|work=[[The Hindu]]|date=2 May 2005}}</ref> In June 2004, the [[Supreme Court of India]] set a legal precedent regarding [[domain name]]s in the ''[[Satyam Infoway Ltd. v. Sifynet Solutions Pvt. Ltd.]]'' lawsuit.<ref name="Agarwal2010">{{cite book|author=Anurag K. Agarwal|title=Business and Intellectual Property: Protect Your Ideas|url=https://books.google.com/books?id=hp3kvvY3unMC&pg=PT59|access-date=24 July 2014|year=2010|publisher=Random House India|isbn=978-81-8400-167-9|pages=59–60}}</ref>
In 2004, Sify, with Level Up Games, launched a [[MMORPG]].<ref name=MMORPG>{{cite news|title=PC games becoming more popular in Chennai|url=http://www.hindu.com/lf/2005/05/02/stories/2005050212290200.htm|archive-url=https://web.archive.org/web/20060819090952/http://www.hindu.com/lf/2005/05/02/stories/2005050212290200.htm|url-status=dead|archive-date=19 August 2006|access-date=24 July 2014|work=[[The Hindu]]|date=2 May 2005}}</ref> In June 2004, the [[Supreme Court of India]] set a legal precedent regarding [[domain name]]s in the ''[[Satyam Infoway Ltd. v. Sifynet Solutions Pvt. Ltd.]]'' lawsuit.<ref name="Agarwal2010">{{cite book|author=Anurag K. Agarwal|title=Business and Intellectual Property: Protect Your Ideas|url=https://books.google.com/books?id=hp3kvvY3unMC&pg=PT59|access-date=24 July 2014|year=2010|publisher=Random House India|isbn=978-81-8400-167-9|pages=59–60}}</ref>

Revision as of 08:43, 15 December 2021


sify Technologies Limited
Traded as
IndustryInternet
GenreInformation and communications technology
Founded12 December 1995; 30 years ago (1995-12-12)[1][2]
Founder(s)R. Ramaraj
Headquarters
Tharamani, Chennai, Tamil Nadu
,
India
Area served
Key people
Kamal Nath (CEO)
Raju Vegesna (Chairman & managing director)
Vijay Kumar(CFO)
Products
RevenueIncrease ₹25.07 billion (US$350 million) (to March 2018),[3]
Number of employees
2,655[4]
Websitesifycorp.com

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. Merill Lynch was the underwriter for Sify's IPO on the NASDAQ.[6] Sify was founded and led to IPO by R. Ramaraj.

History

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 kbps.[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

References

  1. ↑ 1.0 1.1 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.
  2. ↑ 2.0 2.1 2.2 "Sify Technologies Ltd. ADS". The Wall Street Journal. Retrieved 24 July 2014.
  3. ↑ "Sify registers 41% growth in Jan–Mar qtr"
  4. ↑ "Sify Technologies Company profile". Craft. Retrieved 26 September 2019.
  5. ↑ "Satyam Infoway changes name to Sify Ltd". Rediff.com. Retrieved 12 August 2018.
  6. ↑ 6.0 6.1 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.
  7. ↑ "Sify takes IndiaWorld with revised settlement". Business Line. 3 July 2000. Retrieved 24 July 2014.
  8. ↑ "Satyam sponsors Olympic team". The Tribune. 26 August 2000. Retrieved 24 July 2014.
  9. ↑ "Makemytrip allies with Coke, Maruti, Sify – Travel portal targets 300% growth". Business Line. 28 March 2001. Retrieved 24 July 2014.
  10. ↑ "Help plant more trees through 'Sify Greenmail'". The Tribune. 19 January 2002. Retrieved 24 July 2014.
  11. ↑ "New entrant in Internet service – BSNL to introduce broadband network in city". The Telegraph (India). 26 May 2004. Retrieved 24 July 2014.
  12. ↑ "Last mile connection goes wireless". The Hindu. 11 April 2002. Archived from the original on 30 July 2003. Retrieved 24 July 2014.
  13. ↑ "Cyber café opened at IGI airport". The Hindu. 20 August 2003. Retrieved 24 July 2014.{{cite news}}: CS1 maint: deprecated archival service (link)
  14. ↑ "Sify launches video-conferencing". The Tribune. 10 December 2003. Retrieved 24 July 2014.
  15. ↑ "PC games becoming more popular in Chennai". The Hindu. 2 May 2005. Archived from the original on 19 August 2006. Retrieved 24 July 2014.
  16. ↑ "Satyam sells Sify to Silicon Valley's Raju Vegesna". DNA India. 10 November 2005. Retrieved 24 July 2014.

External links

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