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News >> Technology >>
Indian firm wins Oakland City deal
By siliconindia
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Friday, 12 March 2004, 20:30 IST
MUMBAI: The city of Oakland in California has outsourced migration of their AS400 Systems to J2EE. The contract has been awarded to Secunderabadbased Goldstone Technologies Ltd.
According to a release issued to the Bombay Stock Exchange, the objective of this contact is to convert City's Financial applications from AS400 to J2EE Complaint applications running on SUN servers.
The Company will deploy their automated tools and migration methodology to convert City's Financial Applications.
The contract with the city of Oakland comes amid a fierce debate in the United States about outsourcing contracts to Indian companies.
Goldstone shares rose nearly 10 percent to as high as 19.3 rupees in early BSE trade, but came off to 18.7 rupees by midday when the benchmark BSE index was down 1.05 percent.