One of the largest deals in the IT industry has been inked. US software firm iGate, backed by private equity firm Apax Partners, acquired a majority stake in Patni Computer for USD 862 million. CNBC-TV18 Managing Editor Udayan Mukherjee says that now that the deal has struck, there is a lot of hard work involved in making the entity work.
first published: Jan 11, 2011 10:28 am
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