Invensys invests Rs 10 crore in Powerware
Powerware International, the Indian subsidiary of Powerware Corporation, a part of the Development Division of the $11 billion Invensys has recently received an investment of Rs 10 crore from its parent company.

Briefs

MIC forays into set-top box market
MIC Electronics, a ISO 9001-2000 company, has inked an agreement with UEC Multi Media of South Africa for the manufacture of set-top boxes.

Neilsoft partners with ESI and Tribon
Neilsoft, a Pune-based developer, and provider of engineering and CAD/CAM solutions and products, recently entered into tie-ups with ESI Group and Tribon Solutions to enhance its presence in the international market.

Udyog to set up 50 service centres
Udyog Software India, a Mumbai-based software solutions provider, has announced plans to set up 50 service centres across the country by the end of the current fiscal.