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Czech Anti-Virus Firm Avast Buys Dutch Rival AVG for $1.3B

Czech anti-virus software maker Avast Software will take over its Dutch rival AVG Technologies for 31.7 billion Czech koruna (1.17 billion euros, $1.3 billion), the two companies said on Thursday, July 7. “Combining Avast’s and AVG’s users, the organization will have a network of more than 400 million endpoints, of which 160 million are mobile,” [...]

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IBA Group Automates Analytical Accounting at Belarusian Railway

  IBA Group received a letter of thanks from Belarusian Railway for the successfully completed project. IBA Group implemented an analytical accounting solution for Material and Technical Supply Management of Unified Finance and Resource Management System. In his letter, Vladimir Balakhonov, Deputy Director of Belarusian Railway, said: “Implemented on SAP Business Objects and SAP BW, [...]

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Czech Republic ranks among LTE coverage leaders in EU

The Czech Republic still ranks among the EU leaders in terms of LTE coverage, reports Mobilenet.cz. In 2014, mobile operators in the Czech Republic significantly increased their 4G network coverage and in 2015, they continued their investments, the result of which is that the country remains above the EU average. Currently, LTE is available to [...]

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Czech and British companies join forces to develop VR headset

A Czech Hi-Tech and software engineering company known as Quanti together with the British firm Delion, have created a new virtual reality (VR) headset capable of rivalling existing products like the Oculus Rift, released earlier in 2016. Representatives unveiled the product in London this week, with Czech Radio reporting that consumer and investor interest was [...]

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fDi Intelligence ranks Prague in top 25 European regions of the future

The British investment magazine fDi Intelligence has ranked Prague among the top 25 European regions of the future. According to the magazine’s regular European Cities and Regions of the Future assessment, Prague is also the third-best European city in terms of human resources and lifestyle, behind London and Paris. “Prague is an attractive investment environment [...]

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One of the most popular Chinese e-shops Linemart expands to Czech market

Clothing e-shop Linemart, owned by Chinese e-commerce company Shenzhen Sailvan Network Technology, is expanding to the Czech market. The information was provided by Prologis, which has rented 18,170 m2 of distribution premises in Prologis Park Prague-Airport to the firm. Linemart’s director Tao Lin has stated that proximity to the airport was the decisive factor. He [...]

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IBA Group Shortlisted for European IT & Software Excellence Awards 2016

IBA Group announces its inclusion in the list of finalists for the IT Europa’s European IT & Software Excellence Awards 2016, the leading pan–European awards for Independent Software Vendors (ISV), Solution Providers, and Systems Integrators, and their vendor and distributor partners. IBA Group was selected finalist in the ISV category Information & Document Management Solution [...]

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Czech defence to create data network resistant to cyber-attacks

The Czech Defence Ministry plans to create a new data network resistant to cyber-attacks that will become a basic communication element for the armed forces systems, Defence Ministry spokesman Petr Medek has told CTK. The first phase of the contract will cost up to 227 million crowns, he added. Defence Minister Martin Stropnicky (ANO) will [...]

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Start-ups interested in a stellar career in Silicon Valley being sought for third round of Czech ICT incubator

Czech ICT Incubator is opening the third round of the programme to support interesting start-up projects. Any project from the area of software, hardware, e-commerce or mobile applications can be registered in the programme by 14 February 2016. The selected start-ups will receive prizes in the value of USD 6,500 without the organisers having any [...]

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Leading electronics contract manufacturing company partners to build data center in Czech Republic

Foxconn, multinational electronics contract manufacturing company, which has a long history building data centers, will be opening its first facility in Europe by partnering with the Czech Republic firm KKCG to open a data center in Prague. Foxconn has been operating factories under its Foxconn CZ division in the country since 2000, but this will [...]

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