U.S. mid-size outsourcer iGate is to acquire a majority stake in Patni Computer Systems, a larger Indian mid-size outsourcer, reflecting the need for smaller outsourcers to merge and become larger to ...

US listed software company iGate said on Wednesday it plans to delist shares of its Indian unit Patni Computer Systems to obtain full ownership of the company and intends to fund the acquisition of ...

American IT services firm iGate has acquired Indian outsource company Patni in a deal worth $1.22 billion. iGate said it would pay $921m to buy a 63% stake in the Mumbai-based firm from the founders ...

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IGate Corp, the California-based information technology services firm headed by former Infosys Technologies executive Phaneesh Murthy, saw its shares plunge by over 20 per cent on Tuesday on concerns ...

FREMONT, Calif. and MUMBAI, India, May 12, 2011 (GLOBE NEWSWIRE) -- Further to the purchase agreements entered into on Jan 10, 2011 to acquire a majority stake in Patni, iGATE and Patni today ...

Industry analysts today said conclusion of an estimated USD 1 billion deal for acquisition of a majority stake in Indian IT services firm Patni Computer Systems by a consortium of US-based iGate and ...

Mumbai: The promoters of Patni Computer Systems Ltd, India’s seventh largest information technology (IT) firm by revenue, are set to sell their 45.88% stake in the company, as is private equity (PE) ...

FREMONT, Calif., April 15, 2011 (GLOBE NEWSWIRE) -- iGATE Corporation (Nasdaq:iGTE) ("iGATE") announced today that it priced an offering (the "Offering") of $770 million aggregate principal amount of ...

BANGALORE (Reuters) - IGate Corp said it accepted minority shareholders' offer of 520 rupees per share to delist its Indian unit Patni Computer Systems , at a price higher than what it paid to buy a ...

U.S. mid-size outsourcer iGate is to acquire a majority stake in Patni Computer Systems, a larger Indian mid-size outsourcer, reflecting the need for smaller outsourcers to merge and become larger to ...

BANGALORE, April 9 (Reuters) - IGate Corp said it accepted minority shareholders' offer of 520 rupees ($10.18) per share to delist its Indian unit Patni Computer Systems, at a price higher than what ...