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Igate

Apr 29, 2015 at 21:36 | Source: PTI
The firms -- WeissLaw, Rosen Law Firm, Ryan & Maniskas, Block & Leviton and Faruqi & Faruqi -- are investigating for "possible breaches of fiduciary duty and other violations of law" as well as the fairness with which IGATE Board considered and approved the transaction.
Apr 27, 2015 at 16:53 | Source: CNBC-TV18
In a bid to expand its footprint in North America, French IT services giant Capgemini Monday said it was set to acquire US based iGate for USD 4 billion.
Apr 27, 2015 at 15:37 | Source: CNBC-TV18
Sudin Apte, CEO and research director at Offshore Insights says while Capgemini's long-term competitive positioning has clearly improved with this transaction, it still has a much weaker offshore presence (55 percent), compared with Indian IT companies (80 percent).
Apr 27, 2015 at 14:53 | Source: Moneycontrol.com
Capgemini will buy out iGate for cash consideration of USD48/share totaling USD 4 billion. Experts say Capgemini will position iGate as wholly owned subsidiary of North America. The combination of the two will increase Capgeminis revenues in the region to an estimated USD 4 billion.
Apr 27, 2015 at 11:51 | Source: Reuters
iGate, a technology and services company headquartered in New Jersey with 2014 revenues of USD 1.3 billion, double-digit growth, and a 19 percent operating margin, is to be acquired for USD 48 a share, Capgemini said. IGATE's shares closed on NASDAQ on Friday at USD 45.85.
Mar 23, 2015 at 20:00 | Source: PTI
Last month, Murthy had said that all charges relating to a sexual misconduct case at US-based outsourcing firm iGate had been "settled".
Feb 06, 2015 at 16:57 | Source: PTI
The IT industry veteran, who continued to live in the US after the second alleged sexual misconduct was reported, said all issues with iGATE have been settled.
Feb 05, 2015 at 15:02 | Source: PTI
US-based outsourcing firm iGATE has been slapped with yet another sexual harassment suit by an ex-employee, claiming that she was sexually abused by the firm's Legal Head and her supervisor.
Jan 21, 2015 at 07:29 | Source: PTI
US-based outsourcing solutions firm IGATE today reported a 14.8 percent growth in net profit at USD 38 million for the fourth quarter ended December 31, 2014, helped by deals in industry utility-solutions.
Jan 20, 2015 at 20:57 | Source: CNBC-TV18
In an interview to CNBC-TV18, IGATE CEO Ashok Vemuri said 2014 has been a transformational year and that the company has been seeing good traction in BFSI & retail segments.
Messages on Igate »

agupta96

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Infosys  

, Cognizant, iGate, Accenture as well as Infosys are in race for other two deals.

4.23 PM Jun 19th 2014

crackthepot

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Tech Mahindra  

there is no way techm can even achieve the aspired target of $5bn by March 2015. It must take some bold decisions just like IT TOOK WHEN ACQUIRING SATYAM ala igate acquiring patni. BUT WILL THE OLD WAR HORSES be dynamic enough to grow the co (nursing is a difft ball game ) Lets HOPE our horse will win

4.46 PM Apr 12th 2014

crackthepot

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49 Followers

Tech Mahindra  

The biggies are more financially sound to acquire than techm big entities into the fold BUT then compatibility and comfort level also play a role in the acquired agreeing to be acquired/merged. So that is a complicated ball game and any co may be able to win just like igate tookover patni. Techm will grow

4.34 PM Apr 12th 2014

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iGATE Solutions  

Source:Calcutta Telegraph News - Calcutta, April 10: iGATE, an integrated technology and operations solutions provider, today posted a 9.19 per cent decline in net profit at $31.6 million for the first quarter ended March 31, 2014 against $34.8 million in the same quarter a year ago. Net profit

11.26 AM Apr 12th 2014

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iGATE Solutions  

Source:NDTV Profit - US-based iGate on Friday said it will sell bonds worth $325 million (about Rs 1,990 crore) to repay a $770 million (around Rs 4,175 crore) debt. In January, the NASDAQ-listed firm said that it had entered into a $360 million credit agreement in

2.10 PM Mar 15th 2014

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iGATE Solutions  

Source:Economic Times - NEW DELHI: IT firm iGate today said it has bagged a five-year contract with Lansforsakringar Alliance in Sweden worth USD 35 million. Lansforsakringar Alliance is one of Sweden`s largest financial services institutions with business divisions covering life, non

3.09 PM Feb 27th 2014

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iGATE Solutions  

Source:The Hindu BusinessLine - Within six months of joining iGATE as CEO, Ashok Vemuri will get a performance bonus of $ 175,000 (about Rs 1.10 crore) for his strategic initiatives, which helped the US-based outsourcer grow revenues by over 10 per cent in the December quarter. Vemuri, who joined

11.47 AM Feb 11th 2014

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Other Market Topics  

How bullish are you on iGATE?

8.27 PM Feb 10th 2014

Jam ss

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HCL Tech  

US and Europe market down heavily on saturday. Tech stock like cognizant, igate , wipro,infy ,accenture lost heavily. Be cautious on IT stock before expiry on thursday

5.57 PM Jan 26th 2014

pkk077

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IDFC  

I remember similar situation when iGate was delisting. iGate needed to buy back at least 15% from open market when 25% was with general public. People offered their shares at all kind of ridiculous (high) prices but out of the 25%, majority was being held by mutual funds and FIIs. They put

11.24 AM Jan 24th 2014

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