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Patni Computer System

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IGATE sold off domestic IMS biz before buyout by Capgemini

Days before IGATE was acquired by French IT giant Capgemini, the US-based firm sold off its domestic infrastructure management services operations to India's MindSquare Technologies for about $5......

Narendra Patni: India's infotech revolution pioneer is dead

Narendra Kumar Patni, pioneer of India’s information technology (IT) services revolution, passed away in the US on Tuesday. He was 71. Patni is survived by wife Poonam and children......

iGate's next big ambition

When California-based iGate announced its plans to acquire one of India's oldest IT firms, Patni Computer Systems, in 2011, it was, for many, a clear sign of its intent to join the big league of......

Obama cannot stop IT outsourcing

iGATE had a revenue of $250 million and about 7,000 employees in 2010 before it acquired Patni Computer Systems. After the acquisition, iGATE's revenues crossed $1 billion (Patni at that time had......

There's something in a name, say private equity players

When it comes to choosing a name for a new fund, private equity managers in India rarely heed the famous quote of the Bard of Avon, 'What's in a name?'It seems that fund managers who have launched......

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