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Sify shares climb with Google Apps deal



By AP
27 August 2008 @ 05:30 pm EST

NEW YORK - Sify Technologies Ltd. shares rose Wednesday after the India-based Internet and e-commerce service provider said it made a deal with Google Inc. to use the search leader's Google Apps across Sify's network.

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SIFY 1.53 0.56
GOOG 274.34 -5.09

SYMBOL LOOKUP

American Depositary Shares of Sify rose 48 cents, or 18 percent, to $3.13.

Sify said it will use the communication and collaboration tools to power Sifymail, online chat and other applications on the company's network. The company also said that Google Apps will be available on its Sify.com Web portal.

The company will begin making the tools available to users in the months ahead.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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