iGATE Patni is a technology and services company. It founded by Sunil Wadhwani in and later acquired by CapeGemini. Paris and Bridgewater, New Jersey – Capgemini and IGATE today merger agreement under which Capgemini will acquire IGATE for a cash. Read more about iGate completes Patni acquisition on Business Standard. Reconstitutes Patni board; retains 4 senior executives in the.

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Time to say goodbye to online discounts, special sales. Capgemini iGate Acquisition India business Offshore centres. Price rise in comfort zone, but farmers hit.

iGATE Completes Patni Acquisition; Phaneesh Murthy Appointed CEO, Patni – Firstpost

Both iGATE and Patni will continue to exist as separate igqte entities and will work together on an integration exercise with the advice of professional consultants and advisors. Sheikh Hasina wins 3rd term as PM in Bangladesh: Big electronics retailers say no to Bosch and Siemens. First, Capgemini can now add more people in India and reduce its global delivery costs. Drag according to your convenience.

As a consequence of the acquisition, the Board at Patni has been reconstituted comprising the following: Cities were renamed, liberals were shouted down and vegans found their voice. This article is closed for comments. Cracking the new Scquisition of marketing In the new year, marketers will have to focus on four new essentials Flashback And inOracle Corp.


IGATE – Wikipedia

Capgemini can now add more people in India and reduce its global delivery costs. IBM employs about a quarter of itsemployees in India. Please Email the Editor.

Never miss a great news story! Fill in your details: A acquisitlon has been said about the scorching pace of growth in the domestic What a year has been! Choose your reason below and click on the Report button. Get instant notifications from Economic Times Allow Not now You can switch off notifications anytime using browser settings.

Why the Capgemini-iGate deal makes sense

This offer comes at a premium of about Rs 40 a share, based on today’s closing price of the Patni share on the BSE. The birth of a youth brand This book excerpt outlines how saucy, edgy Fastrack was conceived out of the Titan stable and evolved into a In Maharashtra, it appears the rural jobs scheme is being implemented on paper alone. From rich Asian Games medal haul to cricket team’s success in Australia, a defining year for India. The two companies will operate on an independent basis and in the best interests of their respective stakeholders with a view to building value for both sets of shareholders.

iGATE Completes Patni Acquisition; Phaneesh Murthy Appointed CEO, Patni

Third, Capgemini can become strong in the infrastructure business after it completes the iGate acquisition. Patni and his two brothers who own After a four-month process, Nasdaq-listed IT services company iGate on Thursday completed the acquisition of India’s sixth-largest software exporter Patni Computers and announced a new go-to-market brand called ‘ iGate Patni ‘ with a leaner nine-member executive team.



So why would the Capgemini group go ahead with such a decision? The acquisition was then among the biggest involving an Indian IT company.

This is an area that Capgemini is not particularly known for. Capgemini is also the only European firm to employ more than 50, people in India, making the country its largest offshoring centre.

On the customer reaction, Phaneesh said, “We believe there are a number of cross selling opportunities across the clients of iGATE and Patni and will focus on improving service levels and deepening our engagement with existing clients. Find this comment offensive? Published on Acquisiyion 10, Modi’s 3-point formula to win back India’s farmers. This will alert our moderators to take action Name Reason for reporting: It helps with price risk management and facilitates effective competition.