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 ...

Combined Enterprise With Close to USD 1 Billion in Revenues Acquisition Creates a Differentiated Company With Scale in Many Verticals Transaction Highlights: Combined headcount at 24,834 globally as ...

Oct. 4, 2010, 10:45 AM UTC / Source: GlobeNewswire FREMONT, Calif. and BANGALORE, India, Oct. 4, 2010 (GLOBE NEWSWIRE) -- iGATE (Nasdaq:IGTE), the first Business Outcomes driven integrated Technology ...

The IGATE–Capgemini merger is a friendly cash merger that will require an IGATE shareholder vote. Note that there’s a deal with the three biggest shareholders who control 54% of the vote. There’s a 30 ...

French IT services giant Cap Gemini SA, which operates under the Capgemini brand, has inked a deal to acquire New Jersey-headquartered IGATE Corp for $4 billion, it said on Monday. Co-founded by Ashok ...

Could this deal get broken up? For merger arbitrage professionals, competitive deals can make your quarter. If you get two companies bidding against each other, a 1% gross spread can easily become 10% ...

iGATE has announced the appointment of veteran mortgage and banking executive Joseph J. Murin to its board of directors, effective immediately. Murin will also serve on the company's nominating and ...

With offices in multiple locations, IGATE, a leading IT services provider, was looking to build a private cloud to deliver complete application environment on top of its existing infrastructure, and ...

Most people have never heard of Brian Derksen. But it was his scrutiny of iGate and his recommendations that probably played a crucial role in iGate’s $4 billion sellout to Capgemini last week. iGate ...

Some may call him reckless, but Phaneesh Murthy, CEO of iGATE Corp, the Californiaheadquartered IT firm, is certainly known for his quick decisions. In August last year, following a visit from two ...

SAN FRANCISCO — Lawyers for iGate Technologies Inc. have fired back at a sexual harassment lawsuit filed by a former senior lawyer at the India-based information-technology outsourcing company.