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CHENNAI, India - Sify Infinit Spaces Limited (SISL), a subsidiary of Nasdaq-listed Sify Technologies Limited (NASDAQ:SIFY), announced Monday the appointment of Dr. Tom Bradicich as an independent director to its board. The appointment comes as the $595 million market cap company shows strong momentum, with shares surging nearly 200% year-to-date according to InvestingPro data.
Dr. Bradicich currently serves as an independent director on the parent company’s board and previously held a board position at Aspen Technology (AZPN). His career includes leadership roles at IBM, National Instruments, and HPE, where he received several patents and led teams developing software and systems products. His appointment comes at a crucial time for Sify, which InvestingPro analysis shows is experiencing solid revenue growth of 12.8% over the last twelve months.
The technology executive has received numerous industry recognitions, including the IBM Chairman’s Award, induction into the IBM Academy of Technology, and designation as both an IBM Fellow and HPE Fellow. He has been named to CRN’s Top 100 Executives and Top 25 Disrupters lists three times.
Raju Vegesna, commenting on the appointment, noted that Dr. Bradicich’s combination of technology understanding and business acumen gained through global experience makes him well-suited for providing strategic direction to the company’s data center business.
SISL operates 14 colocation data centers across six cities in India as of June 30, 2025, providing services to hyperscaler and enterprise clients. The company reports having a diversified client base of over 500 clients, including telecom, retail, enterprise, and hyperscaler customers.
The announcement was made in a company press release statement.
In other recent news, Sify Technologies reported its Q1 FY 2025-2026 earnings, showcasing a 14% increase in revenue year-over-year, reaching INR 723 million. Despite this revenue growth, the company faced a loss before tax amounting to INR 322 million. Sify Technologies has focused on strategic investments, with capital expenditures totaling INR 2,874 million during the quarter. These developments highlight the company’s commitment to enhancing its infrastructure. The financial results reflect the company’s ongoing efforts to strengthen its market position. While the revenue increase is a positive indicator, the loss before tax suggests challenges that the company is navigating. These recent developments provide insight into Sify Technologies’ current financial landscape.
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